That is exactly what we have been advised so far. However, the costs for filling/compacting etc. are just under €30,000. That raises the question for me whether a basement already starts to make sense.
You have to excavate at least as much as you fill. Actually more. It won’t get cheaper.
How is the neighboring property built on?
I think it is to the south with the garage.
Do you still get light into the basement despite the south side, because of the neighboring buildings?
Which rooms would you plan in the basement?
Only technical and storage rooms and, well, if there is space, a guest room, but for that the basement is too expensive.