ᐅ No building plot available due to new EU local residency model?
Created on: 11 Nov 2017 21:49
H
Hanneshickel
Hello everyone,
We are a family of two who have been searching for a building plot east of Munich, about 50-70km (30-45 miles) away, near the upcoming A94 highway, for several years. We have applied multiple times to local municipalities near us for a plot under the local resident model, but each time we were rejected due to too few points or because our equity or income was too high. We have too few points because we don’t have children. Since we have been searching for a long time, we have saved around €130,000 (about $140,000) and can save about €15,000 (about $16,000) more each year. However, here you are not allowed to have more savings than the plot would cost (mostly around €150-200/sqm (about $140-190/sqft), so approximately €120,000 (about $130,000)). Also, you are not allowed to earn more than the municipal average, which as a couple is about €80,000 (about $85,000) gross. We, however, earn almost double that gross, so together we have a net income of around €6,500 (about $7,000) per month (both earn roughly the same).
Therefore, our only option is to buy a plot privately. But prices here are extremely high compared to municipal land. We are talking about €500-700/sqm (about $460-650/sqft), so quickly around €300,000 (about $320,000) just for the plot. Then I estimate construction costs of about €400,000-500,000 (about $430,000-540,000) for a 160 sqm (about 1,700 sqft) house with a basement, double garage, and a simple building shape. That means approximately €700,000-800,000 (about $750,000-860,000) in total.
We don’t feel confident financing this amount, as it would easily mean paying over €2,000 (about $2,150) per month for the next 30 years. If one of us takes time off work due to having children, then there would be too little left for living expenses. Or is it now normal to finance this much for a house? My pain threshold is currently around €1,800 (about $1,950) per month for the mortgage.
What do you think?
What other options do we have to get affordable building land?
Or should we forget about building and only look for existing houses?
Thank you and best regards,
Hannes
We are a family of two who have been searching for a building plot east of Munich, about 50-70km (30-45 miles) away, near the upcoming A94 highway, for several years. We have applied multiple times to local municipalities near us for a plot under the local resident model, but each time we were rejected due to too few points or because our equity or income was too high. We have too few points because we don’t have children. Since we have been searching for a long time, we have saved around €130,000 (about $140,000) and can save about €15,000 (about $16,000) more each year. However, here you are not allowed to have more savings than the plot would cost (mostly around €150-200/sqm (about $140-190/sqft), so approximately €120,000 (about $130,000)). Also, you are not allowed to earn more than the municipal average, which as a couple is about €80,000 (about $85,000) gross. We, however, earn almost double that gross, so together we have a net income of around €6,500 (about $7,000) per month (both earn roughly the same).
Therefore, our only option is to buy a plot privately. But prices here are extremely high compared to municipal land. We are talking about €500-700/sqm (about $460-650/sqft), so quickly around €300,000 (about $320,000) just for the plot. Then I estimate construction costs of about €400,000-500,000 (about $430,000-540,000) for a 160 sqm (about 1,700 sqft) house with a basement, double garage, and a simple building shape. That means approximately €700,000-800,000 (about $750,000-860,000) in total.
We don’t feel confident financing this amount, as it would easily mean paying over €2,000 (about $2,150) per month for the next 30 years. If one of us takes time off work due to having children, then there would be too little left for living expenses. Or is it now normal to finance this much for a house? My pain threshold is currently around €1,800 (about $1,950) per month for the mortgage.
What do you think?
What other options do we have to get affordable building land?
Or should we forget about building and only look for existing houses?
Thank you and best regards,
Hannes
Nobody says commuting is better than not commuting... it’s just not a complete waste of time. My job (and that of many others) consists of 70%-80% meetings throughout the day. I can usually conduct one-on-one conversations just as well from home, whether lying in the garden or driving in the car... it doesn’t really matter. Is the majority here still living in the last millennium? Remote work is being demanded everywhere, but making phone calls while driving is not allowed? Modern cars are fully connected, always online, voice-controlled, with good quality (except in very rural areas),...
Driving is certainly not my passion, and not having to commute would be better, but the consequence would be a worse job or living in an area I don’t want to live in. So the most sensible approach is to use the time in the car productively, however you personally define that. I like to get some work done during that time, which means I can take care of one-on-one conversations (and if necessary, conference calls). On average, I spend more than 45 minutes per hour on the phone while driving... these conversations would have to happen at the office anyway, so I hardly waste any time due to commuting.
Driving is certainly not my passion, and not having to commute would be better, but the consequence would be a worse job or living in an area I don’t want to live in. So the most sensible approach is to use the time in the car productively, however you personally define that. I like to get some work done during that time, which means I can take care of one-on-one conversations (and if necessary, conference calls). On average, I spend more than 45 minutes per hour on the phone while driving... these conversations would have to happen at the office anyway, so I hardly waste any time due to commuting.
Grym schrieb:
Commuting has been proven by studies to lead to poorer health, higher rates of overweight, increased stress, and lower happiness. It has also been found that commuting by car is the least healthy mode of travel. From these points of view, working overtime is better than commuting. These are the facts, and there is no need to sugarcoat them here.And this applies to everyone. 100%!!!!Oh, how I love generalizations [emoji23]
I find it surprising that you call other posts nonsense [emoji848][emoji85]
H
Hanneshickel13 Nov 2017 18:07What does commuting have to do with my question?
I would like to know what kind of jobs some people here have if they only have a 5-minute commute. If you work at the checkout in a supermarket like Rewe, you can move to any village that has a Rewe, Aldi, or Lidl. But if you have a specialized qualification that not every small local store hires for, you have to work in a larger city. I don’t mind driving a few kilometers because I enjoy driving. But at some point, it’s just too far, and I said my personal limit is a 1-hour commute.
I know many people who have to travel long distances to work, often towards Munich, because there are better job opportunities there. I also know people who cycle to work, but those are usually very different types of jobs. Or sometimes one partner is lucky, and the other one has to commute much farther.
So, back to the topic:
Where can I find building plots? Even if money were no object, I can’t find anything here. Absolutely nothing within a 30km (19 miles) radius. That can’t be right.
I would like to know what kind of jobs some people here have if they only have a 5-minute commute. If you work at the checkout in a supermarket like Rewe, you can move to any village that has a Rewe, Aldi, or Lidl. But if you have a specialized qualification that not every small local store hires for, you have to work in a larger city. I don’t mind driving a few kilometers because I enjoy driving. But at some point, it’s just too far, and I said my personal limit is a 1-hour commute.
I know many people who have to travel long distances to work, often towards Munich, because there are better job opportunities there. I also know people who cycle to work, but those are usually very different types of jobs. Or sometimes one partner is lucky, and the other one has to commute much farther.
So, back to the topic:
Where can I find building plots? Even if money were no object, I can’t find anything here. Absolutely nothing within a 30km (19 miles) radius. That can’t be right.
Hanneshickel schrieb:
What does commuting have to do with my question?
I would like to know what kind of jobs some people have when they only have a 5-minute commute. If you work at a supermarket checkout like Rewe, you can move to any village with Rewe, Aldi, or Lidl, but if you have a specialized qualification that not every small store is hiring for, you basically have to work in a bigger city. And I enjoy driving a few kilometers because I like to drive. But at some point, it simply gets too far, and I said my limit is one hour.
I know many people who have to commute long distances, mostly toward Munich because that's where the good jobs are. I also know people who bike to work, but usually, those are very different types of jobs. Or someone is lucky and their partner has a longer commute to compensate.
So, back to the topic:
Where do I find building plots? Even if money didn’t matter, I can’t find anything nearby. Absolutely nothing within a 30km (19 miles) radius. That can’t be right.People who can basically walk to work tend to look for jobs in areas where plots are affordable and potential employers are located. In my case, I live 1km (0.6 miles) from a chemical park. Around us, there are lots of chemists – so definitely not supermarket cashiers.But we don’t live in the countryside either; it’s a city that’s not exactly the dream destination for most homebuilders. In Essen, we would have the same problems you do.
If long commuting is okay for you, that’s fine. But as I said, consider carefully before building if it will be acceptable for your wife, especially once she becomes a mother. You can’t imagine how exhausting it is to have to leave almost two hours before picking up the child because what should be a one-hour trip can easily turn into two.
Otherwise, no one can tell you where to find plots. You have the same problem as thousands of others.
Hanneshickel schrieb:
Back to the topic:
Where can I find building plots? Even if money were no object, I can't find anything here. Absolutely nothing within a 30km (19 miles) radius. That can't be right.Yes, affordable land in and around Munich is all taken. To build, you need to move further away, which means commuting again. Or you have to pay a lot of money. Period.I actually got my first plot of land with my ex-partner by simply visiting the land registry office. We had found a plot while out walking that we liked. At the office, they gave us the name and birth date of the owner.
My ex-father-in-law knew the owner, approached him, and we bought the land.
For our current plot, my husband and I went to the city planning department. It was the same process. We got many phone numbers but had no luck. We only managed to get this plot through a bidding process.
We sold my husband’s house to someone who had left a note in the mailbox...
You just have to be a bit creative sometimes.
My ex-father-in-law knew the owner, approached him, and we bought the land.
For our current plot, my husband and I went to the city planning department. It was the same process. We got many phone numbers but had no luck. We only managed to get this plot through a bidding process.
We sold my husband’s house to someone who had left a note in the mailbox...
You just have to be a bit creative sometimes.