ᐅ Semi-detached house for rent. Feedback and suggestions are welcome.

Created on: 3 Mar 2020 10:22
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Vitalio
Hello, I am currently planning to build a semi-detached house for rental purposes.

The house width must not exceed 15m (49 feet), but I have flexibility in the length.

Orientation is northeast.

It will be a standard house made from 36.5cm (14 inches) aerated concrete blocks, with either an air-to-water heat pump or ground-source heat pump, mechanical ventilation with heat recovery, and a pitched roof or hipped roof (nail truss).

I have a few questions regarding improvements.

Ground floor: Should I swap the kitchen and living room? If yes, do I also need to swap the bathroom and bedroom on the upper floor?

Upper floor: Should I keep the small 4.5sqm (48 square feet) room as an office/dressing room or plan it as a children's bathroom and allocate the main bathroom to the parents?

Feedback and suggestions are welcome.

Hand-drawn floor plan of a house with kitchen, bathroom, several rooms, staircase, and dimensions.


Floor plan of a house with several rooms, staircase, and entrance
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Vitalio
4 Mar 2020 08:10
Pinky0301 schrieb:

Oh, I thought the terrace was on the lower side.
I don’t understand your comment about the long pipe run. Do you mean that more water flows because it takes longer to get warm? In that case, you might want to look into a circulation pump.
Also, it shouldn’t matter to you how much water the tenant uses since it’s billed based on consumption.

I want to avoid a circulation pump because it causes high additional operating costs. I believe that the lower the operating costs, the more rent I can charge on the base rent. Or am I mistaken?
Pinky03014 Mar 2020 08:25
Vitalio schrieb:

The lower the additional costs, the more I can charge for the base rent.
Wow, maybe you should first educate yourself about rental regulations and laws. What does the base rent have to do with the additional costs?
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Vitalio
4 Mar 2020 08:34
Pinky0301 schrieb:

Phew, maybe you should first familiarize yourself with renting and the related rules/laws. What does the base rent have to do with the additional costs?

Speaking from my own experience when I was looking to rent an apartment, I only cared about the total rent including utilities. But if the circulation pipe only adds 10–15€ (11–17 USD) more in costs, I’m all for it.
Pinky03014 Mar 2020 08:45
Which costs of a circulation pump are you referring to? Electricity is not included in the additional costs anyway. And it is also possible to equip it with a timer, so it does not run 24 hours a day.

No offense, but you don’t seem really prepared to soon become a homeowner and landlord.
Y
ypg
4 Mar 2020 08:52
Vitalio schrieb:

In our area, there are no houses available in the price range of 1200-1500€ (1200-1500 euros) for basic rent (without utilities).

That is probably because, in this price range, people tend to build their own houses rather than rent one.
Vitalio schrieb:

And I believe that the lower the additional costs, the higher I can charge for the basic rent. Or am I wrong?

Yes, you are mistaken. At least the basic rent should correspond to the local rent index. Everything else needs to be justified or is billed directly to the tenant based on actual consumption.
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Vitalio
4 Mar 2020 09:48
With construction costs of €500,000 (including land), a 1% interest rate, and 3% amortization, we end up with a monthly payment of €1,660.

Not everyone can afford this. Additionally, there are people who prefer not to commit to owning a house but still want to live comfortably.

The average price for a new apartment varies between €9 and €15 per square meter, depending on the location.

For me, €8 per square meter would be enough to cover the costs and set aside a buffer for possible repairs.

We have had this discussion for a long time and talked through all the pros and cons.

I built my own house five years ago. Even back then, people tried to discourage me from the idea, but today the house is worth nearly double what I invested.

I admit I don’t have much experience with tenancy law, but rather than keeping my money in the bank and paying 0.5% annual interest, I would prefer to invest it in real estate that I build myself as a contractor.