How much equity do I need for a construction financing?

If you want to buy a house or an apartment, not only the actual purchase price for the property is incurred. This is followed by ancillary land acquisition costs, which can amount to between 7% and 12%.
 

• Purchase price according to bank valuation: The bank values your desired property and finances the value it sees in the property.
• Incidental land acquisition costs: The purchase price is supplemented by incidental land acquisition costs such as land transfer tax, notary fees and costs for the land registry office as well as brokerage fees.
• Difference to bank valuation: In some cases, the actual purchase price is higher than the property valuation on the part of the bank valuation. However, the current market value may justify this - the property would then still be the purchase price according to the demand on the market value.

For your construction financing, it is therefore important that we determine in a joint preliminary discussion how much equity is available and what part of the financing you can cover with it or are willing to use. We can also arrange construction financing for you without equity capital. These real estate financings cover then not only the purchase price to 100%, but additionally the land acquisition additional costs and depending upon need the difference to the real estate evaluation on the part of the bank (loan-to-value ratios up to 130% are often realizable). With the concept: "Equity of the future" we can realize such high loan-to-value ratios. We would be happy to present this proven and successful concept to you in a personal meeting.