Dear Forum,
We are about to purchase a plot of land (500m2 (5,382 sq ft)) and are trying to get an idea of the costs involved in building a house.
Our maximum budget for the house construction is €400,000, but since we want to have a safety margin, we initially set a budget of €350,000.
Our ideal house would have a pitched roof and a basement, with approximately 130m2 (1,400 sq ft) of living space—no frills, no luxury, but still modern.
We are unsure whether to go for a traditional masonry build or a prefabricated house. A well-known local company specializing in masonry construction quoted us costs of around €3,000 per m2 (€3,000 per 10.8 sq ft) as a basis for a “standard house.”
At first, this sounds quite expensive to me.
Since we could imagine contributing some work ourselves (with help from acquaintances and skilled friends), we hope to reduce costs somewhat this way.
Is it necessary to plan for €3,000 per m2 in any case? Even with prefabricated houses? I am also quite skeptical of the attractive offers in catalogues.
I would greatly appreciate your feedback.
We are about to purchase a plot of land (500m2 (5,382 sq ft)) and are trying to get an idea of the costs involved in building a house.
Our maximum budget for the house construction is €400,000, but since we want to have a safety margin, we initially set a budget of €350,000.
Our ideal house would have a pitched roof and a basement, with approximately 130m2 (1,400 sq ft) of living space—no frills, no luxury, but still modern.
We are unsure whether to go for a traditional masonry build or a prefabricated house. A well-known local company specializing in masonry construction quoted us costs of around €3,000 per m2 (€3,000 per 10.8 sq ft) as a basis for a “standard house.”
At first, this sounds quite expensive to me.
Since we could imagine contributing some work ourselves (with help from acquaintances and skilled friends), we hope to reduce costs somewhat this way.
Is it necessary to plan for €3,000 per m2 in any case? Even with prefabricated houses? I am also quite skeptical of the attractive offers in catalogues.
I would greatly appreciate your feedback.
Leasing a car is definitely much cheaper than leasing a photovoltaic system.
From what I’ve seen, the leasing costs for a photovoltaic system with 8–9.5 kWp over 20 years are around 40,000 EUR (example calculation from Enpal). From what you read, you can get a 9.5 kWp system for about 15,000 EUR (generously calculated), including installation. If we generously add 500 EUR per year for additional costs, the total comes to about 30,000 EUR, which corresponds to an interest rate of roughly 7.2% (this is a rough estimate since the additional costs actually occur annually and are not invested upfront).
Still, that’s quite a high interest rate. You don’t necessarily have to include it in your mortgage; you could get a personal loan for it. There are even special investment loans available for photovoltaic systems.
It might be that there are cheaper providers, but I haven’t checked. To me, it just seems too expensive at first.
Of course, if your creditworthiness is already maxed out so that even a small investment loan isn’t possible, then it’s still an option. Especially since, with photovoltaic systems (at least with Enpal), you get them for free after 20 years. And I mean, while the 20 years are usually used as the assumed service life of photovoltaic systems, in reality, they’re not likely to all fail exactly after 20 years, provided there’s no accident.
From what I’ve seen, the leasing costs for a photovoltaic system with 8–9.5 kWp over 20 years are around 40,000 EUR (example calculation from Enpal). From what you read, you can get a 9.5 kWp system for about 15,000 EUR (generously calculated), including installation. If we generously add 500 EUR per year for additional costs, the total comes to about 30,000 EUR, which corresponds to an interest rate of roughly 7.2% (this is a rough estimate since the additional costs actually occur annually and are not invested upfront).
Still, that’s quite a high interest rate. You don’t necessarily have to include it in your mortgage; you could get a personal loan for it. There are even special investment loans available for photovoltaic systems.
It might be that there are cheaper providers, but I haven’t checked. To me, it just seems too expensive at first.
Of course, if your creditworthiness is already maxed out so that even a small investment loan isn’t possible, then it’s still an option. Especially since, with photovoltaic systems (at least with Enpal), you get them for free after 20 years. And I mean, while the 20 years are usually used as the assumed service life of photovoltaic systems, in reality, they’re not likely to all fail exactly after 20 years, provided there’s no accident.
This means that for a 10 kWp system, with 8.8 cents/kWh, 1000 kWh/kWp, and assuming 20% self-consumption annually,
you get a feed-in income of 70.4 (currency) and savings of 50 (currency) from self-consumption.
10 kWp * 13 (currency)/kWp leasing fee minus 120 (currency) income equals 10 (currency) per month.
These are the actual leasing costs, and with higher self-consumption, the balance improves.
For a 20,000 (currency) loan, I would pay at least 200 (currency) interest per year plus repayments; in this case, you essentially get the system at the end. However, the inverter replacement every few years must be paid out of pocket...
you get a feed-in income of 70.4 (currency) and savings of 50 (currency) from self-consumption.
10 kWp * 13 (currency)/kWp leasing fee minus 120 (currency) income equals 10 (currency) per month.
These are the actual leasing costs, and with higher self-consumption, the balance improves.
For a 20,000 (currency) loan, I would pay at least 200 (currency) interest per year plus repayments; in this case, you essentially get the system at the end. However, the inverter replacement every few years must be paid out of pocket...
Tolentino schrieb:
Does that include maintenance and insurance? In our photovoltaic lease model, you pay a monthly lease fee based on the output of the photovoltaic system, and in return, you receive both the electricity generated and consumed by yourself, as well as the feed-in tariff for any excess electricity produced. GGEW AG takes care of the installation, maintenance, and servicing of the system. The lease agreement has a term of 18 years, after which the system is considered fully depreciated and can be purchased for a nominal fee.
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