Semi-detached house overpriced - Is the financing realistic?

  • Erstellt am 2021-01-17 14:01:29

MasterXX123

2021-01-20 01:29:48
  • #1
As far as I observe the market in Berlin, there is still, with some luck, barely a used single-family house available in the metropolitan area. However, these might still be 2019/20 prices. Alone. In 19/20 our area had a price increase in the standard land value of +14÷

The question is always: location and gut feeling. One usually buys residential property (in Germany) for the long term...
 

Altai

2021-01-20 07:02:35
  • #2
To be able to build for the same money, as wrote, you would first have to get your hands on a plot of land at all. If you want to build, and don’t specifically want an existing property.

Colleagues of mine bought a house from this year of construction, also a semi-detached house. They upgraded the electrical system and renovated the bathroom. The heating still works, but the buffer for replacement must be there. Roughly something in the range of 20...25k€ went in before moving in.

Whether the price will be paid for the mentioned property is hard to predict from afar. I would try to compare what similar properties cost.

Is there a lot of interest, is that known to you?

In general, the price increase in popular areas is rapid, and you have to face that.
 

Snowy36

2021-01-20 14:27:14
  • #3
I think it is way too expensive for that little piece of land ....
 

Similar topics
17.04.2016Value of land and bungalow B5511
08.11.2010Offer for a semi-detached house with land, okay?11
07.07.2011Financing land now, house in 6 months?17
14.08.2012Build a home? Land in prospect19
25.03.2012Land now - house construction next year23
31.05.2012Financing of the property: Does the entire financing need to be secured?11
04.09.2012Land paid - Building with an additional loan?16
02.09.2013Angular bungalow on 800m² plot - financially feasible?16
09.02.2013What do you think of this property?11
28.05.2013I am getting a plot of land as a gift. How do I finance the construction?16
03.06.2013Buying land from father - building a house yes or no?11
01.08.2013Is the property right for us?15
22.08.2013Buying land for a house, please advise!46
05.02.2014Costs/planning land, additional construction costs, turnkey, etc.27
22.08.2013Plot - Decision?14
28.08.2013Separate land and generate building land? Where to inquire?14
14.11.2013Our floor plan of 120 sqm on a 469 sqm plot73
29.10.2013Property reserved, construction financing plan, architect/building permit application21
03.01.2014How much land and house can we afford?25
08.01.2014Opinions on the hillside property22

Oben