Land purchase and house construction in the current situation - experiences

healthy planning

If the house planning and construction are carried out in such a way that you can sell if necessary and appeal to as many target groups as possible with the property, then you can live very well with possible risks. The best thing is if the house is not built in Dark Thuringia.

The healthiest approach from my perspective, as already mentioned, is to keep your feet on the ground. The times of moving from a 2.5-room apartment into a 180 sqm palace with low interest rates and then hypothecating it down to the chimney with the corresponding creditworthiness are over. Will those times come back? No idea.

Statements like: a children's room under 15 sqm is not a children's room, are history. Over the years, there have always been trends that then disappeared again. Right now, home office is very popular; in the past, it was the living room with the Dallas open staircase. So the question is, do you have to follow every trend?

Kitchens have become something to show off today, energy-saving technology not even counting photovoltaics. I would make sure that the house causes little follow-up costs from an energy perspective, because energy will certainly not get cheaper. Paired with a reasonable size, yes, and for the small family I mean the mentioned 120 sqm.

Maybe plan it so, if the property allows it, that you can add on later or do an attic conversion, there are many possibilities. Of course, also consider the question of personal labor, does the lawn really have to be sod, and so on and so forth.

And therefore once again. The real estate market will collapse.

I currently recommend today's article in Handelsblatt: ==> Prices are rising again across the board (in the residential real estate sector already for the second consecutive quarter).

Prices are rising again across the board (in the residential real estate sector already for the second consecutive quarter).

The question now remains who can still afford it and, above all, who wants to. There is a world of difference between "wanting" and "getting."

The question now remains who can still afford it and, above all, who wants to.

There is enough money. After all, transactions are still happening - rising prices = concluded purchase contracts. And since interest rates have already become almost 1% cheaper, it fits again for many now - that is about €300 per month on the average loan.

Interest rates will and must continue to fall in 2025. Under Trump, Europe has to pull the economic cart out of the mud more than ever by itself. That is why the stabilization of residential property prices will continue and we will return to an upward trend.