Realistic or daydream? (Buying property without equity)

  • Erstellt am 2017-04-19 19:50:20

Alex85

2017-05-26 12:07:33
  • #1
300 sqm plot sounds more like a townhouse or a small semi-detached house. "Good layout" and "distributing rooms over x floors" contradict each other.
 

apokolok

2017-05-26 12:14:24
  • #2
Yes, a detached house usually requires at least 400m² of land. If there is already a development plan for the plot to be purchased, take a close look at it. It will include things like the floor area ratio (how much of the plot may be built upon), the plot ratio (how much living space is allowed), and also whether a single building or rather boundary development with a semi-detached house is planned.

You can roughly calculate the costs as follows:
m² living space * 1800 + land + tax + 30-50,000 incidental construction costs.
 

Superdad

2017-05-26 12:17:05
  • #3
Unfortunately, there is not yet a development plan. Thank you for the calculation.
 

Ghostwriter

2017-05-26 12:21:54
  • #4
We are currently building about 130m2 and are at just under €300,000 including incidental building costs (Nuremberg region), excluding land, outdoor facilities, and kitchen

KFW 55 + garage and carport

Laminate flooring and painting done by ourselves. The classic
 

Nordlys

2017-05-26 13:38:25
  • #5
A few facts. A 300 sqm plot with a floor area ratio of 0.3, which is often the case, results in a house base plate of 300 times 0.3 equals 90 sqm. With us, terraces count, whether that is the case everywhere in Germany I don’t know. This makes the targeted house size impossible. The plot might be suitable for a semi-detached house. Turnkey very often means that painting plus floor coverings in non-tiled rooms plus the kitchen are not included. There are providers where you can order these as extras. Calculate for simple painting work, but properly done, around 5,000 euros plus tax for two floors. Calculate laying vinyl, decent but rather inexpensive quality at 60 euros per sqm installed. Including material. Also calculate around 10,000 euros for a simple but properly designed garden with driveway, path to the house, terrace. Calculate 5,000 euros for a cheap fitted kitchen, e.g. from Ikea, price delivered and installed with their appliances. Calculate 1,000 euros plus for extra sockets, another 1,500 plus for sanitation due to a second outdoor faucet, or utility sink, or a shower enclosure made of clear glass. 2,000 euros for a carport, 1,000 euros for a small garden shed. Then determine the connection costs for suppliers and disposers, and have the earthworks calculated by the general contractor; these can also be several thousand extra. Plus a few small items. Construction water, construction electricity, building permit fees. Then the price becomes realistic. Now comes the personal part. Do you have enough lamps? Furniture? Plants. Except lawn, I have that included with the landscaping. Does the development plan force you to build a fence? That costs money. Karsten
 

Caspar2020

2017-05-26 14:09:46
  • #6


Caution. Money for the land often has to be paid earlier.





300sqm land and incidental purchase costs
€99K + €7.5K
€30-40K construction incidental costs
€10K for painting
€10K for the most necessary outdoor facilities
€10K for carport/prefab garage
+ €10-15K surcharge KFW 55
+ €10-20K for sample selection surcharges
+ €20K buffer for contingencies (like difficult ground conditions, etc.)
+ €20-30K kitchen / etc.
= already spent €226K - 261K without the house

Leaves still €124K - 89K for a
€1500-1600/m² energy-saving regulation house in standard equipment = 82sqm - 55sqm living area result.

The sqm living area can also be built on a 300sqm plot.
 

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