Hey everyone, I’m new here.
A quick introduction... I work as a HVAC mechatronics technician at a large company where I’m also involved in new ventilation installations, etc. My fiancée is a special needs caregiver. Currently, we pay 800€ rent without utilities for a 2-room apartment. Including utilities, it’s around 1000€. We manage this comfortably and often go on vacation or afford many extras.
Now, I want to build a prefabricated house. Our total budget is 250,000€. The plot costs about 90,000€, so the house itself can cost 150,000€. We have received many offers from Allkauf Haus, Ling4you, and Massa Haus, but there are so many it’s hard to keep track.
I can do a lot myself. I will handle electrical work, plumbing, and underfloor heating. The basement will be partially finished as well. The Allkauf Haus offer for 157,000€ is currently our top choice.
We could comfortably afford a monthly payment of around 1200€ including utilities. Is that amount too low for a house or is it normal?
I will do drywall, tiles, and flooring myself.
Euromac2 is also very affordable—does anyone have experience with them?
Thanks a lot!!!
A quick introduction... I work as a HVAC mechatronics technician at a large company where I’m also involved in new ventilation installations, etc. My fiancée is a special needs caregiver. Currently, we pay 800€ rent without utilities for a 2-room apartment. Including utilities, it’s around 1000€. We manage this comfortably and often go on vacation or afford many extras.
Now, I want to build a prefabricated house. Our total budget is 250,000€. The plot costs about 90,000€, so the house itself can cost 150,000€. We have received many offers from Allkauf Haus, Ling4you, and Massa Haus, but there are so many it’s hard to keep track.
I can do a lot myself. I will handle electrical work, plumbing, and underfloor heating. The basement will be partially finished as well. The Allkauf Haus offer for 157,000€ is currently our top choice.
We could comfortably afford a monthly payment of around 1200€ including utilities. Is that amount too low for a house or is it normal?
I will do drywall, tiles, and flooring myself.
Euromac2 is also very affordable—does anyone have experience with them?
Thanks a lot!!!
P
Portoalegre20 Oct 2016 16:22Saruss schrieb:
That was not an answer to the question. For me, anything beyond that is luxury in a house, and I would be annoyed for years by missing more than in an apartment.
sent from mobiledon’t worry about that there is nothing minimal about it
you don’t understand how well-connected old hands build
You are contradicting yourself, see #61. You refuse to provide any clear understanding to everyone but do not give precise and concrete information (for example, exact features, exact prices). This makes you not credible. You do not answer questions; instead, with a rather arrogant tone, you emphasize how well everything is going for you.
Sent from mobile
Sent from mobile
Portoalegre schrieb:
you don’t understand how well-connected old guys buildI would say it’s basically a case of "one hand washes the other," taking advantage of tax loopholes. However, this isn’t possible for everyone, it’s probably not legal, and any potential future services provided in return would likely need to be included in the construction costs.
To illustrate the potential cost savings for an average employed taxpayer in Germany:
Craftsman A needs materials from Craftsman B for his private home construction.
B would realistically purchase the materials for €10,000 (approximately $10,000) net, add a 20% margin, and then sell them to A for €12,000 (approximately $12,000) plus 19% VAT, totaling €14,280 (approximately $14,280). In return, B, as a private individual, also requires materials from A.
Instead of invoicing each other for these materials, both simply provide them free of charge.
Since A and B account for the materials through their businesses, and considering a marginal tax rate of 30%, the effectively incurred cost for the exchanged materials is only €7,000 (approximately $7,000) each, instead of €10,000 (approximately $10,000). Therefore, A and B receive the materials for less than half the usual price of €14,280 (approximately $14,280).
The effect is even more pronounced with labor costs. Installing each other’s materials would require roughly 150 hours, with an estimated hourly rate of €50 (approximately $50). However, the employees of both craftsmen effectively cost not €50 plus 19% VAT but perhaps only €20 (approximately $20) per hour, minus the 30% marginal tax rate, resulting in €14 (approximately $14) per hour.
Instead of €8,925 (approximately $8,925) (calculated as €59.50/hour × 150 hours), the labor effectively costs only €2,100 (approximately $2,100) (€14/hour × 150 hours).
For the entire scope of work, this results in costs of less than 30%.
Issues related to undeclared work are conveniently avoided by invoicing at least a small portion of the project, thus creating a basis for the employment of workers.
The one at a disadvantage is the employee, who has increasingly more commuting kilometers between home and workplace disallowed as tax deductions.
However, this calculation does not take into account tax back payments, fines, and loss of income due to imprisonment for negligent tax evasion or tax fraud.
Craftsman A needs materials from Craftsman B for his private home construction.
B would realistically purchase the materials for €10,000 (approximately $10,000) net, add a 20% margin, and then sell them to A for €12,000 (approximately $12,000) plus 19% VAT, totaling €14,280 (approximately $14,280). In return, B, as a private individual, also requires materials from A.
Instead of invoicing each other for these materials, both simply provide them free of charge.
Since A and B account for the materials through their businesses, and considering a marginal tax rate of 30%, the effectively incurred cost for the exchanged materials is only €7,000 (approximately $7,000) each, instead of €10,000 (approximately $10,000). Therefore, A and B receive the materials for less than half the usual price of €14,280 (approximately $14,280).
The effect is even more pronounced with labor costs. Installing each other’s materials would require roughly 150 hours, with an estimated hourly rate of €50 (approximately $50). However, the employees of both craftsmen effectively cost not €50 plus 19% VAT but perhaps only €20 (approximately $20) per hour, minus the 30% marginal tax rate, resulting in €14 (approximately $14) per hour.
Instead of €8,925 (approximately $8,925) (calculated as €59.50/hour × 150 hours), the labor effectively costs only €2,100 (approximately $2,100) (€14/hour × 150 hours).
For the entire scope of work, this results in costs of less than 30%.
Issues related to undeclared work are conveniently avoided by invoicing at least a small portion of the project, thus creating a basis for the employment of workers.
The one at a disadvantage is the employee, who has increasingly more commuting kilometers between home and workplace disallowed as tax deductions.
However, this calculation does not take into account tax back payments, fines, and loss of income due to imprisonment for negligent tax evasion or tax fraud.
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