ᐅ Bungalow construction plot, etc.

Hello everyone,
Since I will complete my retraining in 2 years and want to start completely fresh, I naturally have a few questions about building a bungalow.

First of all, I need to find a plot of land.
The land is about 40 km (25 miles) away from my parents, and the price per square meter is 65 € (about $70).
It should be between 400-500 m² (4300-5400 sq ft).

So the land will cost me between 26,000-32,500 € (about $28,000-$35,000).

Now my question is, what additional costs come with buying the plot?
I understand that it has to be registered in the land register as well.

Isn’t that something the notary takes care of?
What are the typical fees for this?

Next questions:
Once I have the land and place a bungalow kit on it, who is responsible for the final inspection of the bungalow construction?

Also, isn’t it the municipality’s responsibility to ensure that electricity, telephone, water, and sewage connections are available at the plot?
I mean, the utility lines should already be on the plot.

As far as I know, I only have to have electricity, water, sewage, and telephone lines connected by a licensed professional.
I’ve heard these connections must be carried out by a certified specialist.
Please correct me if I’m wrong.

Is it difficult to build a bungalow?

I’m not unskilled when it comes to building something like this.

I’m also only 26 years old…
By the time it happens, I’ll be 28.

Oh dear, I will try to answer everything and gladly ask new questions as well.

1. When buying land, you should expect to pay about 5.3% of the purchase price for notary fees and property transfer taxes.
2. If the land is not connected to utilities, the city is generally not responsible for that. You have to apply to all utility providers yourself and pay the required fees, if connection is possible. Costs up to the property boundary are usually low because they are often flat fees, but then the lines still need to be laid on the property. You should plan for around €10,000 (about $11,000) for the utility connections.
3. I don’t know who will inspect or approve your self-built house!

Now my questions:
1. You are starting retraining now and will continue for two years, correct? How does that affect your available equity? I guess it’s probably limited? What are your plans after retraining? Do you already have a permanent job lined up? Will your starting salary be enough to qualify for a loan?
2. Why have you chosen a kit home? This is really the worst and often the most expensive option you can take, but there is plenty of information online about the problems with self-build homes and the crazy introductory offers.
3. Do you have experience in construction or a trade apprenticeship?

As equity, I already have an apartment.
I received it as a gift from my parents.

But I did not want to spend more than €50,000-70,000 on a bungalow.
However, I have not yet found a bungalow that can be built for that amount.

Then another €26,000-32,500 for the plot of land. So, I am looking at around €100,000 in total.

Just thinking about the cost of the oil burner, plus the pipes that need to be installed and the radiators,
and then the entire interior, etc., that will also add up to a significant amount.

Oh, by the way, I can only install the electrical wiring myself — as I mentioned, I am just starting my training as an electrician.
But connecting it to the mains can only be done by a certified professional, as far as I know.

Well, with my initial training as a gardener, I probably won’t be able to do much except get the garden in shape.

I know two gas and water installers from my circle of friends.

So, if there is a prefabricated house anywhere for €50,000-70,000, I’m all ears.

What would you advise me?

Oh, about work:
Of course, I need to have a permanent job before buying a house, but I wanted to get informed beforehand about what costs to expect.

I will probably need to take out a small loan.

Cheers, Andy999

Hmm, you own a condominium – what do you want to do with it? Sell it, rent it out?

You mentioned a budget of 50,000–70,000€ – how large should the bungalow be? I thought we were talking about a residential house, not a "garden shed" or vacation cabin.

You’re not seriously considering installing an oil heating system, are you?

To be honest, I would suggest putting your plans on hold for several years.
- For what you have in mind, there is no new move-in ready house available.
- Personally, I would only consider the condominium as equity once it’s sold, and you first have to get rid of it.
- Without the condo, you have no equity and are estimating a construction cost of 100,000€, which doesn’t add up at all. Besides that, you don’t have a stable income yet, and it’s uncertain when that will change. Even then, electrical technicians usually don’t earn very well — which bank would finance that?
- Please forget about a shell house (self-build) project; it requires A. time, B. a lot of experience, C. and plenty of money for missing supplies and materials.
- You should be able to get prefabricated houses around 80–90m² (860–970 ft²) starting at about 85,000€, but that’s usually less than zero eight fifteen (standard, basic construction).
- Another common mistake among many friends of mine is buying land or a house back home where there is no local employment, and it seems you are considering this as well.

Sorry, that can’t be true, can it??
Condo valued at 70, but a whole house for 100... ridiculous. Building an entire house yourself... also ridiculous, especially if you don’t even know how connections or other details work... sorry... forget it...