Find out what type of owned home suits you and meets your needs

It offers you the greatest possible freedom and independence. This has its price. Dependent on the size of the property the proportion of land costs is often half the total building costs.

A semi-detached or two-family house is the next best thing to a detached property. Your building costs are a good factor less as a result of the lower proportion of land.

This type of residential property is often cheaper to run than a detached or semi-detached house. However you do not have to forego the advantages of a home you own. A lower proportion of land and rooms/areas such as garage, party room, play area etc. that may be used communally ease your budget.

The total costs of condominiums are often cheaper, as they share the costs of land and infrastructure with the co-owners. You are responsible for your own apartment. The whole community of owners is responsible for the communally used areas. Decisions concerning the communal parts are taken at owners’ meetings.

In this form of ownership you buy only the building and not the land, or the associated portion of land in the case of a condominium. To begin with, this gives you a lower purchase price, but you must be aware that you have to pay a corresponding rent, the building license rent as it is known, for the land.