The plan of a simple architecture!

Hello dear professionals,


I have an idea that won’t get out of my head. It’s about buying a plot of land cheaply and building a new house on it. So far so good, but it’s about something else. Mainly, it’s important to me that everything is done as cheaply as possible because I can only invest around €25,000 of my own capital. I have a job where there isn’t much room to earn more. That’s why it’s about making the best out of it. I simply take the loan that I’m entitled to (about €200,000) and make the best of it!


My plan

Since my brothers and I are quite skilled in craftsmanship, we want to do as much as possible ourselves.


Building plan

We thought of a rectangular plot that will be built on up to about half. The house should have simple square rooms and we thought of two floors with a flat roof.

We prefer large rooms rather than many small ones.


The further plan

After the house is built, I want to sell the house to get more equity.

If the plan works out and I get enough out of it, I will have gained experience and have architecture in hand that I can use for a second project and possibly a third and thus eventually have enough equity to build a bigger house for myself.


What do you think about it?

(Tips, ideas, how do I get through this as cheaply as possible? Etc.)


Thanks in advance

Why are you entitled to a loan of approximately 200,000 Euros?

And why should a bank support such a project?

What about the building permit, structural analysis, construction management, energy saving regulations, and, and, and...?

Forget it, if your concept doesn't have significantly more substance than what you described above.

PS: Troll alert?

If the troll alarm should be unfounded, please note the following: any profits from the sale of the finished property are tax-free only after 2 years of personal use (!) (my understanding, from memory). There are also groups/families who do this every 2-3 years, i.e., buy land/old property, renovate it, then live in it themselves for 2-3 years while (!) preparing the next one and then move and sell the "old" one again. Otherwise, the tax office will classify you as a commercial real estate dealer if you have more than 5 (afaik) purchases/sales within 10 years and you must pay taxes accordingly.

In my opinion, this only works with significantly more equity and above all: market and specialist knowledge. In this respect, your post shows significant gaps. Therefore, for you, it would initially make sense to buy an apartment up to max. €75,000 to gain experience. If you fail with that, at least you won’t be completely ruined.

Best regards
Dirk Grafe

that is good. 200k owed to me.

hm nice that there is no obligation to grant credit in Germany :p The bank has the right to check you. If your income, equity, or project fits their profile, there is a big exit door :confused:

200k for 2 full floors and a flat roof - no, there are cheaper options.

Regarding the plot: Hopefully you find a plot that you are allowed to build a house on half of. Which can then also be sold well afterwards.

Your idea has already been had by others: they are called builders.
Your house style already exists: Bauhaus style.

Start by finding a plot according to your guidelines – then see (with a few more years of experience) what comes next.
There are always those who spend a whole lifetime on their house-building project,
and there are always those who turned into business people with pub talk ideas :)

Edit: Speculation tax applies within 10 years (to my knowledge, possibly outdated??!). So, you have to be a self-user for 10 years in order not to have to pay this tax.