Prefabricated house, building lease, near Berlin

Hello,

we are about to complete the purchase. The end-terrace house has 5 rooms, timber frame construction approx. 1995.

We want to live there with the 2 kids until retirement. How is the insulation? I read on the internet that such needs to be renewed after about 40-50 years. Is that correct or does it often last longer? Whether the property can be resold well after 30-40 years, for example, to the next family.

Can someone give me some information about [Fertighaus] 1995?
Thank you very much and Merry Christmas

Want to live there with the 2 kids until retirement. How is the insulation, read on the internet that such needs to be renewed after about 40-50 years.

As long as the insulation doesn’t get wet due to any construction issues, it lasts longer than you...

Whether the property can be resold well to the next family after 30-40 years, for example.

Well, a 60-70 years old house will be just as marketable then as a 60-70 years old house is today. Well maintained and regularly renovated or refurbished (insulation adapted to the requirements in 30-40 years, new roof, possibly replaced pipes, new bathrooms, etc.) it will also be marketable then.
If you look at such old shacks today that cause €3,000 heating costs and still have the old windows, etc., they are hard to sell today. If they are up to modern standards, then good. The same will apply to your house in 30-40 years.

The bigger issue could be the remaining term of the heritable building right. But you don’t say anything about that.

The bigger issue could be the remaining term of the hereditary building right. But you don't write anything about that.

The original poster had the exposé linked maliciously, I still saw it before deletion (Scout ID 155707583). It states that the ground lease has been fully prepaid until it expires in 70 years.

It says there that the leasehold is fully prepaid until it expires in 70 years.

Then in 40 years there won't be a line of people eager to invest a lot of money in a house that won't be theirs after 30 years. Aside from that: That's in 40 years, who knows what will happen then – so what?

Correct, the remaining term is 70 years, ground lease [evang. Gemeinde] fully paid. Back then, almost all terraced houses on this corner were paid until around 2090.

Then in 40 years there won’t be a line of people eager to invest a lot of money into a house that after 30 years is no longer theirs.

Well, what does the contract say. It is usual to have an extension at the request of the entitled party. Usual, even legally mandatory, is a compensation payment at the end of the leasehold. And if someone puts a lot of money into it again in 40 years, they will also get a proper return in the end – which happens 99.9% of the time not, since the leasehold issuer has no interest whatsoever in having to buy a nice house.

So first of all, everything is quite relaxed. Details see contract.