Land available but only a condominium?

Just tossing around a few thoughts again:

* Is there currently enough money to hold the plot AND buy the apartment? (possibly also watch out if you mortgage the plot, what that might mean for a future home loan)
* Is there enough money with the inheritance to (as planned in the initial post) hold the apartment AND build? (note that there may also be temporary double burdens here. Personally, I have no idea how banks exactly calculate when "I plan to rent it out in the future," regarding household budgeting. Also, it is simply quite unknown right now how construction prices and loan interest rates will develop further)
* Would it be a problem for you if you stay longer/forever in the apartment? (see also thoughts in my previous post on the topic of inheritance - also check again what should/ will happen with the plot in that case)

Right now, we only have general statements like "above-average income" and "€2500 is too much." Maybe take a look at the pinned thread in this section. There is a questionnaire about income/expense situations. You don’t have to make it public if you don’t feel comfortable, but it might help you get a clearer overview. Because the question really is, "how much is not too much?" If you can hold the plot and buy the apartment quite easily, then the question is whether building right away is really that far off. Possibly slim down a bit or plan for expansion reserves, as was already mentioned. (Typically that would be a garage, but maybe also an attic or a second bathroom or something like that.) The question is whether it’s really just a bit of "we cut out one or two things and tighten the belt for 2-3 years," or whether you would then live hand to mouth. Keeping the inheritance in mind is also an option, although of course, initially, it must/should go without it.

income me 3000 net
income wife 2300 net
wife currently on parental leave and out from February, so no income until September (1.5 years parental leave)

repayment is currently 2300-2500 according to the bank with L-Bank Z15 included. but there is currently a stop or you can submit. but nobody knows how it will continue, neither the district office nor the L-Bank directly provides information.


hip roof is not possible, we have to build onto the building next door. you cannot just build a hip or flat roof next to it. that is what the district office requires.
we have no development obligation, we can also leave the house standing for a certain time. we have the land.

leaving out the basement is only about 20-30k difference according to the finished builder, as excavation is done and old basement exists. retrospectively I cannot add a basement underneath anymore.

basically some answers here should be taken into consideration for our considerations.

the question was whether it makes sense to buy a condo temporarily until the overall situation with material prices L-Bank etc. normalizes again.

tips like moving away etc I read but delete immediately from my memory...
otherwise my question would be where is building cheapest—federal states?!

It is generally cheaper to build in the north (SH/NDS/MV) and in the east (Berlin/Brandenburg). And also in the upper west (NRW). The more southern the federal state, the more expensive. And it mainly becomes expensive not because of the house price but because the very high land prices in the south of the country make building expensive. And now you already have the land. Construction prices are maybe about +10% higher for you. No more than that. Although it must be said that currently is the most expensive time to build (in the last 10 years). Therefore my tip to you: Reduce the floor area of the house as much as possible (preferably to 50m2 per floor) and start building.

salary me 3000 net
salary wife 2300 net
wife currently on parental leave and out from February, so no income until September (1.5 years parental leave)

Sorry, but how did you imagine this? I can absolutely understand that the bank won’t grant a loan in the range of 500-600k with current interest rates. The 200k (or whatever exactly you get) from Z15 helps, but it's not enough. So I would drop everything that isn’t absolutely necessary.

And what exactly are you building now? A townhouse or a semi-detached house? What requirements do you have from the development plan or §34?
It may be that the basement is actually not as expensive due to the existing building as it would be with new construction. But then make sure to cut everything else like the garage. And also that the old pit is used as best as possible.

the question was whether it makes sense to buy a condo temporarily until the overall situation with material prices, L-Bank etc. normalizes again.

Normally not, and especially not in the current situation. With a condo purchase, you sink 10-12% in incidental costs. And if you are supported once, it will be difficult to get further support. Either you build on the property or you sell it again. Whether you then rent or buy something else is your decision. But you can’t afford to just leave the property unused.

hip roof doesn’t work, we have to connect to the building next door.

I only stuck to your quotes/alternatives. We don’t know the planning.

leave out the basement, it’s only about 20-30k difference according to the builder

well, this “doesn’t make a big difference,” “it’s only x0000€ more,” “a basement afterward is not possible” and other similar things are exactly your problem: you inflate your house so much that you can no longer afford it.
A house without a basement is still a house. Very few can still afford what they dreamed of in their mid-20s.

salary I 3000 net
salary wife 2300 net

Now comes the real truth: although this is a good above-average income, experience has shown that wishful thinking wishes like basement and such are simply not doable with these salaries.
That will not change either, because building will not get cheaper (crystal ball knowledge).
You are shooting yourself out of the role of ever becoming a builder with your wishes.
I have already said something about the inheritance. My parents also have a house, but if they have to go into a nursing home, it has to be liquidated—and not for my house wish, but for their care.

salary I 3000 net
salary wife 2300 net
wife currently on parental leave and out from February, so no income until September (1.5 years parental leave)

The 2,300 € of the wife is then part-time, or full-time?
If full-time, how much income will she have with planned part-time?

I think, for BaWü the salary is okay ... neither more nor less.
If the wife brings home maybe 1,500 € working half-days, if that works out, and you 3,000 €, then you have a monthly income of 4,500 €.
For a reasonably healthy financing, it certainly should not be more than 1,800 €, but that would already be the pain threshold with 40 % of the household income for the installment. Let it be very, very generously 2,000 € – but I would find that quite extreme.

Therefore, if the numbers I assume above are roughly correct: halve the house, without basement, without garage – or don't build at all.
If I had the choice, I would simply build significantly smaller, without basement and without garage. Simply a small, cozy home.