Renovating an old building, are construction costs / effort worthwhile?

Now you have given a little more information. Especially regarding possible experience in the family.

Now the question is: Why don't you, the experts who were involved, say that you should buy it? So where do the concerns come from.

In the end, you should always bring in an external expert. We are at the final stage of a renovation. The enthusiasm for the property came from the family and friends who have renovated or live in a listed building.

The feasibility was assessed by an architect and an experienced site manager. This partly led to head shaking among our acquaintances and family. In the end, the architect made a good calculation and also assessed our abilities quite well.

I guess hardly anyone will jump for joy and say, yeah, take on so much responsibility at such a young age :D they didn't cheer, but no one was opposed either, I suppose they mostly see all the work behind it (: today we also learned that the property only has one septic tank.

It is like this...

The mentioned friends/relatives/acquaintances are trained craftsmen.

Currently, we have a construction boom. That means that the aforementioned groups of people are probably, first, fully occupied with their jobs right now and, second, could also receive very good pay on the black market if someone really has the desire and time for additional work.

Of course, you can help for a couple of hours on one, two, or even three Saturdays. But with you, it sounds more like a relaxed 50,000 euros upwards in labor costs. No friend in the world will give that to you for free. No father or brother wants to work for you for free for weeks or months.

Secondly, and this point is even more important. You write that you are young. There, relationships can break up faster than in a couple with 10 years of relationship.

Who keeps what then? Can the financing be managed alone? Will the contributions of the other party (friends/acquaintances/family) be paid out in case of separation? If yes, at what value?

Thirdly. There are no bargains anymore for laymen. If it were a bargain, a professional would have snapped it up. Because he really has a genuine network of craftsmen whom he knows and knows what is coming his way.

Please just keep your hands off. Otherwise, financial suicide threatens.

Sorry, I am a direct type :)