Skip to main content

Looking for advice to build our dream home

My wife and I are looking to buy a big plot of land that we can build our dream home on in 5 years time. We would love some recommendations on the what locations to look at

We currently live in Ireland and have been able to save up a good amount of savings from real estate, investments, and other means over the last few years. We are planning to move to the US within the next few months for work and then we plan to move to Switzerland in 4-5 years time from now which is where my family lives.

More than anything we would love to buy a big plot of land 5 years down the line which we can build our dream home on, a type of passion project if you will. Here is what is important to us when looking for a plot of land:

  • Ideally a large empty plot where we can start building from scratch, we could consider a demo too

  • Within 30 min proximity to a nearby beach

  • Should be located in a place that is relatively warm all year round (ideally within reasonable travel distance from Switzerland as well)

  • Within 30 min proximity to a nearby city (or bigger town) with bars, restaurants and potentially other things to do

  • Big plus if it’s tourist/expat friendly

  • Within a €3.5M budget (this includes land, building, and all other costs to build the property)

In terms of the plot itself, these are a few things that we would love to build on the plot of land. In general we would love to move to a place that has relatively flexible building laws to be able to build the following:

  • Main house (building permits for this are a must)

  • Pool

  • Tennis Court

  • Small Guest House (if budget and permits allow for it)

We would love to get some advice on locations that we should consider when buying the plot of land. Currently we have been looking a lot at the south of France (Provence area) and Puglia in Italy, but we are open to take any other locations into consideration that meet the majority of requirements listed above.

Thanks in advance for any recommendations, much appreciated!

submitted by /u/max13811
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1lhjkmn/looking_for_advice_to_build_our_dream_home/
Labels:

Comments

Post a Comment

Popular posts from this blog

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...
1 comment
Read more

Obtaining a real estate license as a hobby?

Hello, I am 24 years old - 2 years out of college and I have my main job. I was looking to get a real estate license (in California if location matters) as a hobby/for fun since I like real estate ever since I was in high school. In the past 2 years, I would go to open house in the weekends to look at homes for fun. I don’t plan to practice real estate full time as I have my main job but I am curious are there any benefits to this? In the future, I plan to own multiple properties and have rentals, so I was wondering if getting a real estate license can help me with it? Thanks submitted by /u/AlohVera [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1f0qx9i/obtaining_a_real_estate_license_as_a_hobby/
Post a Comment
Read more

Advice? Moved out of my primary residence and now renting

I moved out of the house I own in August 2021, I lived there for 8 years, I have been renting an apartment the past 3 years and renting out my house. My current tenant is moving out in September. I seem to have just missed the living 2 years out of 5 years rule for being exempt from capital gains tax and my house being a primary home. Any advice on what the best thing to do would be moving forward? Continue to rent out my house? I'm happy with my rental, but wouldn't mind buying another property down the road. I could sell my house down the road and try to do a 1031 exchange? Moving back in my house isn't ideal because it's an hour away from where I currently live. I could take a HELOC perhaps and try to buy another property and continue renting for the long term? I do have a 2.4% mortgage rate on the house so I don't mind keeping it for a while. Thanks for everyone's advice. submitted by /u/Ok-Top-7859 [link] [comments] source https://www.reddit.co...
Post a Comment
Read more