New construction single - Civil servant permanent service realistic?

  • Erstellt am 2018-09-03 20:55:25

apokolok

2018-09-04 15:05:36
  • #1
The ground lease contracts I know are linked to a consumer price index and are regularly adjusted. Now in the low interest phase, ground lease is the absolute opposite of the royal road, in my opinion it is simply a knockout criterion at the moment for not taking this property.
 

Obstlerbaum

2018-09-04 15:43:24
  • #2
Why shouldn't that be a feasible way at the moment? The consumer price index is not rising faster than usual either...
 

Caspar2020

2018-09-04 16:25:19
  • #3


The churches are not stupid anymore either. My parents-in-law took over a lease from grandpa (now around 60); back then the lease was somehow tied to the price of some bushel or other (and for decades the index has not been updated. That means around 150€ a year.

My parents have a church lease from 1992. For a similar property, 2000€ is due; however, it is linked to the inflation rate.

Their neighbor sold, and the new ones did not take over but restarted the lease. They pay nearly 4000€; and accordingly in 50 years



At interest rates of 6 or 8%, ground lease might have been good. However, if money is thrown at you at 1-2%, it doesn’t really pay off.
 

Kekse

2018-09-04 17:34:00
  • #4
Well, that depends a lot on the region. And we are talking about Wendland here. In my perception, only slightly more attractive than Uckermark. Would a highway seriously change anything about that?
 

Obstlerbaum

2018-09-04 17:40:12
  • #5
That only depends on which samples you look at. Good friends of ours pay 2500€ per year for 700 sqm in the Munich catchment area with good infrastructure. And you only have to finance the house first, not also 200k-300k for a plot of land in a comparable location...
 

ypg

2018-09-04 23:16:17
  • #6


You take what is offered: there are areas where only leasehold is available and there are areas to buy. No idea what is possible in Lüchow, but it somehow remains Neverland, so relatively cheap. Building a house is also affordable.
 

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