Realistic purchase of land and new construction of a single-family house & how to finance it?

... I actually don't know what it brings to discuss one's financial situation on hausbau-forum.de, but I would like to say something about it here.

A loan of half a million euros is quite a sum! In times of higher loan interest rates (> 4 %), the project would already be dead - but that is not the case now.

In short: I would do it in your place. In the worst-case scenario, both parents would have to work full-time. Even if you were unable to work, your wife would relatively easily get a job with an above-average salary (... it's the same for us).

Cost reduction => reduce living space or cheaper plot of land or no basement or "only" energy saving ordinance standard

Good luck.

well.... it helps me if someone can give me tips and for that you should know the situation.
True, 500K is already a lot and you are right, at 4% interest it would be dead, but then the plots would also be cheaper and construction prices here would be 20% lower.... a vicious circle.
The next crisis, I dare say a "super crisis" will come and then many will be forced out of their financings and the houses will have to be sold (if short-time work is announced or you lose your job). Then it will also be cheaper again.... only when that will be... if only we knew...

Now to my last question: I would be grateful for tips regarding taking out a loan or the process!

If you want to finance the land first, you can do it through a variable loan or a short fixed interest period. If you finance the land with a loan with a longer term and fixed interest period, you are tied to that bank and must accept their conditions.

Regarding your [Bausparvertrag]: Maybe you should consult an independent financing broker/agent. They can advise you independently and also take such things ([Bausparvertrag]) into account.

Hello,

A nationwide prefab house manufacturer barely differentiates in pricing between Munich and Bremen. As a result, a prefab house in Munich can actually be "cheaper" compared to a local provider, since the prefab house company does not have to pay the expensive shell builders from Munich. It's similar with the electrical work and so on – technicians come from Leipzig, who receive minimal surcharges for Munich and not the "expensive" Munich electricians.
Take a look at Ponig (model house center). There you get an impression of what the prefab houses look like.

That is not true... not even the green or blue faction of the bargain hunters can do without the Bavaria bonus.

A close look at the offer protects against mistaken assumptions; emer has explained the rest well ;)

Rhenish regards

Hello,

we are currently building a semi-detached house in the east of Munich with approx. 235 m² of living/usable space.

The price for the plot was similar to yours. The price for the house, including all extras (without fireplace and kitchen) as of today is approx. €395,000.

The following features are included in the mentioned price:

Kfw 70
Basement
Underfloor heating
Electric shutters throughout the house
Floor-to-ceiling windows in almost all rooms (outside anthracite)
Chimney
Floor coverings
Additional sockets, switches and built-in spotlights
Empty conduits in the house
Gable
Bay window
Extra charge for bathrooms
Extra charge for floor coverings
Controlled residential ventilation
Garage with electric sectional door
Cistern
Water softening system
Lifting system for washing machine
Extra charge for staircase in American walnut

If you want more information, just get in touch.

Best regards

Take out a loan with a variable loan for the property. As far as I know, this is only available from DSL-Bank at reasonable conditions. They are then initially listed in the land register in first priority. Your "big" loan will then later repay the DSL loan, and the DSL disappears from the land register. We did it like this 2 months ago. It went smoothly.