Land in sight, is house construction financially possible?

Well, the kitchen, for example, is okay... but nothing more... looks like a Poco showroom piece and not really good without exaggerated things... it's no coincidence that most people here spend at least 20k for a somewhat large and good kitchen... and by that I don't mean the cheap extractor hood for 70€ and the oven from Beko with a ceramic cooktop... do you need better things? No... but you can see that money was saved here...

Well, the kitchen for example is okay… but nothing more… looks like a Poco showroom piece and definitely not really good without exaggerated features…

it’s no coincidence that most people here spend at least 20k for a somewhat large and good kitchen…

and the oven from Beko with ceramic cooktop… do you need better things? No… but you can clearly see that money was saved here…

Thank you all for your contributions. We are deciding against the plot.. currently there is a quite nice existing house for a bit over 500,000, where we are trying to negotiate. Although the rate without the 190,000 KfW probably won't look much better either.

here are my examples:

Garden house Luzern (approx. 10.5 sqm) and double carport 6x5 both ordered from McGarden24, back then (2020) both about 1.5K each… prices went extremely high in the meantime, now back to an earlier level. The kitchen is a Burger, SoftClose and automatic pull-out. At the back left the corner cabinet at the bottom is a Le Mans. Only the cabinets included in the storage room one row. 5K. Ok, it’s for an approx. 8 sqm kitchen. And I would say it’s nothing to be ashamed of. Furthermore, I can only give the tip to talk to the general contractor whether additional orders with the trades can be made directly. Example: having the stairs finish-treated during the sampling would have cost around 800€. I contacted the stair builder directly, booked the finish treatment, metal instead of wooden balusters and a straight post for the end of the stair upstairs for 650€. Just the finish treatment alone would have been about 300€, all prices inclusive.

What I want to say with this is, you can say “just do it” and pay the price, or you research and organize yourself and can definitely save money.

Not because of my recent establishment. The years before last and the year before that apply (as far as I know). Even in 2024 it would still be quite possible, since I had relatively little income in 2021 due to the license. We are out regarding the NRW loan. We are still struggling with the decision... but my calculation that we only need a little over 400k in loans after purchasing the plot is already very tight.