Property: Opportunity or Burden?

  • Erstellt am 2017-10-21 09:30:57

Curly

2017-10-21 18:41:05
  • #1
The 200 euros seem rather cheap to me, where is that supposed to be, towards Langenselbold?

Best regards
Sabine
 

Alex85

2017-10-21 18:43:44
  • #2
If the owner has been demanding €200/sqm for 6 years, maybe the time has finally come when this price expectation fits ;-)
 

Eldea

2017-10-21 19:03:40
  • #3
I believe prices are higher in Langenselbold as well. But I think the prices could also be around Büdingen.

Here around Gießen, the prices in the municipalities are between 175 and 250 €. Private is at 300€.
Therefore, I think the price is reasonable.
 

KingSong

2017-10-21 19:08:11
  • #4
Be glad about the 200€/m².....we paid 317€/m² for our land in Bavaria......And everything on it can increase in value, only the land itself cannot, which alone is why land is always a solid investment.
 

ruppsn

2017-10-21 19:19:06
  • #5
...and even the 317€ already mostly has bargain character here in Franconia... with us: 360€ in a village of 2000 inhabitants, about 35km from Nuremberg... trend rather a 4 in front. I would take it... especially because it is your dream property, since here one is now glad to get one at all, with dream there isn’t much left – thanks to the high demand and ridiculous home ownership models. For me the financial risk sounds very manageable given the conditions...
 

11ant

2017-10-21 19:50:46
  • #6
For a plot "without flaws" in a location that suits me, the possibility of not using it myself anytime soon would not matter. If you don’t have very unusual demands regarding the floor plan and the design of the house, it will usually be easy to rent out – especially in this region.

If you are under no legal or financial obligation to build soon, you could leave it be. Or you could build your house soon and rent it out if the commute does not justify living there yourself for the time being.

With a granny flat, you would have both options: either rent out the granny flat and leave the owner-occupied part untouched as long as you don’t use it yourself. Then you have a house that is not unoccupied and a small income. Or rent out the larger residential unit, comfortably cover the payments from that, and treat yourself to a weekend home.

Plots above a minimum size (or without vineyard slopes or similar nonsense) will remain scarce for quite a while – what is not bad is systematically snapped up by the market.

On the other hand, resale could still take a while: most home builders currently fall into the category of "financing with little wiggle room" and therefore specifically look for plots of minimum size – that is why so many of these are offered. In my eyes, much of what is today disparagingly called "building areas" should rather be described as "cage keeping of mortgage debtors."
 

Similar topics
17.02.2012Floor plan - house with granny flat23
27.01.2014Floor plan single-family house city villa with granny flat - What do you think?17
18.02.2014House construction/in-law apartment, implementation without household budget14
11.06.2015Single-family house with a granny flat & garage14
22.06.2015Legal Provisions "Installation of a Secondary Apartment"13
14.07.2015Single-family house with a granny flat, how much did you pay?23
02.12.2016Plots in Cologne only through developers?54
25.10.2016Apartment sale, now the tax office is knocking17
09.01.2017Newly built city villa with a granny flat and double garage72
06.06.2017Local bank markets plots - linked deal26
22.08.2018House construction with a granny flat - extension?27
09.12.2018Opinions on the single-family house with a granny flat floor plans54
07.11.2019Experience finding plots by asking neighbors10
10.11.20202 (dream) properties - financing unclear. Save equity?40
05.08.2021Divide and develop plots themselves24
12.01.2022Union of two plots - redefine the building envelope?20
16.05.2022Which plots are the best in this building area (with plan)?17
05.09.2023Application for a new development area: Selection of plots41
11.02.2024Is a granny flat necessarily an (own) residential unit?16

Oben