House Cheaper than a Car?! UNBELIEVABLE Nürburgring Housing Market
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- Опубліковано 5 вер 2024
- Thank you Jens from www.marvinjesk... for helping us to make this video!
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You have to keep in mind that the Eifel Region is for sure one of the worst real estate Regions of Germany due to high unemployment rate, people leaving the area, low birth rate. Very less companies to work for...
Keeping this in mind the prices are far to high under these interest rate conditions.
They are, I'm actually looking at buying a second home in the Eifel region, prices are all over the place. Some are far, others are waaaaaaaay to pricey for what you're getting.
But still. For 365k in a huge house or for the same in an old, worn 2-bed room in Netherlands. Now we work more from home it's worth considering.
Probably, but if you took a look at the Real estate in Portugal 😂🤣
Our economy is dead for decades and still they ask like 200k€ for any decaying "barn".
@@stratomix333 go poland for 200k u can build a villa haha
think you missed davids point, this is for educated "REMOTE" work they dont go live there for the companies around there, They work remote. Im jealous
That's a good idea to sometimes leave the 'usual content' and by the way in the field of housing or real estate could next time contribute xthilox and last but not least Robert.
Indeed!
Not really.
>Schuster, bleib bei deinen Leisten.
In my poorish area in Spain that house would be +400k. It's ridiculous.
I'm surprised at how affordable these properties are... around my way, add 45% to the prices for the same scale/volume of home
Then compare these prices to Canada...in many major cities a 20-25 year old, 200m3 home is 550,000 EUR-equivalent and up!
@@NoahBB Come to Switzerland...
@@NoahBB Canada is huge and there is for sure places in Canada that has houses for these prices too... I know someone who bought an 100m2 appartment in Gothenburg for €1.2m so there are for sure both ways
@@zer001 Switzerland vs Toronto & Vancouver. The ultimate battle of money launderers and overpriced real estate.
@@NoahBB here in North Germany a house which was build (I know) for way under 200.000 was sold for 480.000€ . Ist has around 130-140m3. Property around 500m3. It is no city here.
This is actually a great topic to cover. Always wondered the housing situation there considering how many people visit.
Jens does a great job of explaining how real estate markets work in general - this is actually something I’d recommend watching if you’ve never bought a house before
Thank you very much
lol no offense at all to Jens, I think that was a good presentation and a good smattering of the prices in the area, but since my mum was a broker I can only laugh at someone having an epiphany at the whole "location location location" thing. lol sorry. I wish you the best of luck and I hope Misha finds a fitting place.
Living mortgage free near the ring.
Living the dream 👍🏼
3:37 getting the house tomorrow because of that pizza oven
Better hurry up 😁
Scrolled through dozens of comments, i guess you nailed it with this out of the box content.
Very useful information about sizes of properties, number of rooms, age, location and what you can expect, and good prizes that i didn´t expect.
Very interesting video, i did't expect that prices 😯
We are about 140kms from the ring in Erkelenz. And some months ago a house was sold here for tripple the price of the last house in the video with only having half the size and definately not that view we have seen in the video 😅
the Nurburg area is very rural so thats why the prices are less than what ppl are expecting. im sure areas near the major German cities have very high housing costs
Yeah I live in rural Germany and this matches up with the prices around here.
Yep
You look for this kind of house in a city with a population over 500k for a price around 800k+
Wow! That garden is THE selling point for me, in that first farm house! As love a huge garden with stairs to it,as it feels like a hidden gem,as from above,you couldn't tell there was a garden... Absolutely love it!
be quick... i told you at the end of the video =)
75k for a spot 10 min from the ring?! For that price I wouldn’t even complain about straight pipe Hondas driving by in the middle of the night!
so basically for the price of a Gt2RS MR you can buy half a village there instead
Very true!
Imagine a collab between Misha and Enes Yilmazer! Enes shows us a cool home around the Ring, and then goes for a lap with Misha 😁
This is really interesting and good content. Great idea to venture out of the standard form for a bit, I wouldn't mind if you want to do it more with other ideas for videos around your neighborhood. The prices are mouthwateringly low compared to where I live in the Stockholm area in Sweden 🇸🇪.
Yeah but this area is like the very north of Sweden. There is absolutely nothing besides nature and a race track.
Being a fully remote worker a house purchase here would be very tempting. To buy any house where I live would be a minimum of 250k and the cheapest house in this video is much nicer than those would be 🤔
@TheFR Could get a pretty decent car for the track with the price difference!
German government will take roughly 50+% of your salery though, include this in your calculation when coming here, the taxes are crazy
@@gmt7550 Yea I'm in Ireland and sadly it's more or less the same!
@@gmt7550 50+% of your salary? you're above 275k yearly income? even that has only 45% though.
@@dragonsmonk Yes I do but that’s not the point… 😂 you realize that there is more to taxes than only income tax? If you consider sales tax (which is 19%) and other taxes like on fuel or alcohol even your average joe takes home less then 50% of his paycheck 😂
“Less than 25 minutes to the Ring”… Me: “I can do it in 15!”
prices still went skyrocket over the last 10 years. they more than doubled. just insane.
the reason why houses are relatively cheap compared to other places in germany is because there is no big city or many jobs near the ring. cologne is away around an hour.
Those properties are cheap for a reason. Besides the track and the companies that settled there because of the ring, there is absolutely NOTHING in the Eifel.
If you don't work somewhere nearby that's a problem
100%
It's not the right place for bar animals, ravers and club hoppers, that's for sure 😜
If it wasn't for my job, I wouldn't mind living there. But living there would get expensive real quick. After all, there would be no more excuse for not having a ringtool and a season pass for the Nordschleife. It's probably better if I just stick to sim racing, go to the virtual Nordschleife whenever I want to and visit the real one about every other month
Home-Office?
@@chirpaudio7552 as a mechanic that's kinda hard
Awesome video, I was raised in Germany in the late 60's, 70's and early 80's, love old German houses built to last
How do I know I'd like to live there?
The 3 of you were having a nice talk in the middle of the road on that village. That says it all.
This is what I was waiting for! We are also looking for a holiday home in the Eifel, we live in Belgium (three hours from the ring) and are monthly in the region (Nürburgring, shopping, hiking, ...). good to see what you can get for your budget.
man, i really liked this video, different but really usefull info
don't be afraid to do something like this on the future
cheers
Great camera work! I think that aspect let's your channel do things like this more seamlessly
I'd be quite tempted if the car laws were not so utterly insane there. Every last one of my cars would be illegal. Buying new ones would be a bit more expensive as well. Good video!
What are the laws that are crazy? I am completely uninformed.
Those laws have found there way to the US as well. When you have folks like Charles Schwab buying up politicians to push his narrative it become a threat to every facet of life. “You will own nothing, and like it”.
@@krismartin1181 I guess Nobody Noone is talking about the very strict laws concerning modifications of your car: most mods are illegal or it's quite expensive to get them approved, generally speaking.
@@prosaschleuder compared to where? The USA - most definately. Then again the overal level of maintenance on vehicles over here is higher as well due to the mandatory checks.
You can't have one without the other.
You can't have the Autobahn with sections of unlimited speed and at the same time a liberal regulation allowing crazy project cars and/or no or only minor safety checks.
That would be the perfect recipe for disaster.
And looking at the statistics you can see that in the US this lack of regulation isn't working in first place. The US have strict speed limits but higher numbers of traffic related deaths (relative to population size) than Germany.
Obviously our strict safety checks, rigorous training to get the driving license and strict regulation on modifications has a greater impact on road safety than the speed limits.
Getting own house under a 100k€, in Finland you need to go middle of nowhere to get that.
Sorry folks, but most properties prices were artificially raised by private equity firms in your area and especially Britain and the United States. Economist are predicting the fallout of this as we speak, and its not good.
Great video! Thanks for making it. Interesting to know housing prices in different areas. When you said a 300 year house, I was thinking to myself 300 years ago there was nothing but grass fields where I now live.
First house is amazing. Like dream house for me wow.
that is one of my favorites too
Does he showcase or make a point about garage spaces in his adverts? That’s important for a lot of us. On my first trip to nurby a couple of weeks ago I noticed a lot of houses in the area have multiple garages or carports; many more in comparison to where I live. And when properties like this do pop up here, the garages are rarely ever mentioned in the listings…
One thing to consider, in Germany you pay off a mortgage in 10 years vs to 30 years being the standard in the US.
Your mortgage is tax deductible. So big mortgage over a long time has become the standard. In Canada, the primary residence is free for capital gains tax, but not the mortgage. So we want to pay off our mortgage to save interest carrying costs.
Living in London I’m in shock and disbelief that the house prices in this video didn’t all come with an extra €1,000,000 on top
London is so out of touch with house pricing and what you get for your money. You’d probably find similar houses in North of the UK for similar money.
In Toronto Canada you cannot find a detached house for $1m.
This was a fun video, and kinda neat for those of us who don't really get to travel or are kinda trapped where we are to live vicariously through your videos.
David's house was pretty damn cool, I like the garage and the room above it. Living in the country all my life, I've always liked those little places in the city with small garages squeezed in where they can.
Thank you, we love the place its such a great area to live 😃
House like that would cost the same in Croatia with 1/3rd of the average net income.
EDIT:
BRUH 130 000€ you can't get sh*t in Croatia anywhere near the urban area!?
More this type of content plz. Not only the property, maybe like life in Nürburgring , cost of living ,
like how much do u need to spend on a car. maintenance fee, Insurance ,Nordschleife cost etc .
Foreign viewers like me will be very interested.
I lived in a city a shitty small old aparment cost like more than fucking 1million euro . And cars are very expensive too，here a new m4 can cost like 150k euro. Also with shitty car cluture. Mostly cars are just a tool that people use to flexing, to show off their wealth and class here.
Really jealous of the car cultue , housing prices and environment in your place.
7:42 300k 😳. You'd only get a shed in Guildford for that. I need a one way ticket to Germany asap
I cant believe that house was 365k... in the UK you can find a dump for that price.
That property next to the busy road with an adjacent garden is crying out to be converted into offices, a 1st/2nd floor apartment and a drive in garage/workshop type facility similar to what Apex have. It would make more sense than the way the property is right now.
Better journalism than some main stream media. Keep it up, I’d def tune in for more!
Thank you for sharing this information for people like myself living outside Germany and Europe. I visited the Eifle area earlier this year and was amazed by it, then considered what it’s like to live or be a home owner.
Really appreciate you and your content Misha.
Holy hell dude; I’m here in the US (Arizona) and getting a place in such a picturesque location would be hundreds of thousands of dollars. Incredible.
As a German living here I just want to mention that the next highways are 30min away, cities like Bonn 40min, cologne or Koblenz 1h; few jobs! Houses imho old, low energetic and with horrible room Layouts… yeah many views are nice tho but U get so used to that
@@stxrfox1k first of all, 2€/Liter Diesel
36% taxes on your income and a well-known socialist/eco terrorist Gov we stupidly have elected to fuck us off
If you want to compare to the US, this is more like living in deep Appalachia. Unless you're associated with the ring or work on the internet, there's really not much you can do there.
I unfortunately couldn't visit the ring this time but seeing names like Koblenz, Aachen and Cochem makes me happy because that's where I stayed this Euro trip. :D
Good video
As an American this was very interesting please do more of these vids maybe walk us through the home buying process when your ready to buy
This was just the video I hoped to see for years. Finally! Now we all have a contact in the Eifel housing business. Thank you!
Super cool and useful content!! Thank you, Misha!
And Jens is such a nice person!
vielen Dank!! =)
Ok so I just got to watch this one…. Misha needs his own home show on HGTV here in the USA!
Misha, I've thought this before, but todays video proves it. You have super video speaking skills.
The real estate broker fee is up to negiotiation as everywhere in the World. In a weak Region like Eifel you can expect the vendor pays 100% because he and the broker can be very happy to find a crazy buyer.
Thank you Misha. Been very interested in this ever since you mentioned property prices in a vlog quite a long time ago. It got me thinking about how successful AirBnB can be there
I was seriously lookin for a while back, thx for bringing this up!!!
Great video misha, not to show only laps, we are interesting in things around the ring
Go for it and not think to much is definitely one of the oldest and most dangerous Maklermärchen ( broker tales).
great content ! thinking about moving to the eifel for a very long time. If only we had the courage..
go for it....!!
Having just lost my job with a Porsche dealership here in Australia due to spinal issues, prior to this, I was planning to come back to Germany for 12-24 months which is on hold until I’m 100% but this video has increased my want to move to Germany and with the housing prices in Sydney Australia I’d much rather live in Germany, especially near Nurburgring and the ability to drive to Spa Francorchamps is easy as I’m used to driving 13-14hrs between Sydney & Adelaide 😂
Thank you Misha & I’ll see you as soon as I’m back in good health 😁
🏁🏎 🏎 🏎 🏎
Just as a warning, in my region of germany (like a 100km range around munich) you wont find any house below 800k. This is sadly not representative for all of germany. But for the Eifel i guess its still cheaper and a worthy option. Good luck with your issues and have fun on your visit if you ever get to it.
You weren’t Porsche perfect or did whats best for the crest
In the south of Bavaria prices start at 600k
What an interesting video. I was always curious about housing near the ring!!!! Greetings from Colombia
Planning to shift to germany for master's which state would be best to live and with good career opportunities for steam like mechanical or automobile.
Good luck with your projects mate 😉 ✌🏻
@@Briat763 is it that difficult 🤔🤔
You should move to the south. Bavaria and Baden-Württemberg are the German states where most of the automotive industry is located: Porsche, Mercedes, Audi, BMW
@@ole86 thanks a lot mate!! I would keep your suggestion in mind while selecting University.
I am living in istanbul Turkey. It was used to be said houses in Germany in expensive. However, after all the inflation in housing market in Turkey, you have to pay at least 200.000 euros for an small house like at 10:00.
Great video guys, cheers.
Well it was a nice with some info about prices etc. thanks for a great video
Great.
I live in Wales - Brecon Beacons UK. Your prices are very reasonable, very attractive. Most people will say the property around there is pretty cheap yes.
The house on the road around 6:30 the *Fachwerkhaus* is "half-timbered house" in English.
The 3rd house for 85k euro... Thats a steal price even after curency exchange for such beautiful house and minimalistic simple neighbourhood...
Id happily sell my current house and buy that...if im looking to migrate to nurburgring 😘
Your channel is called Misha Charoudin, not a trip around the nurburgring or cars to see. I follow because you seem like a decent kid, and the vid you put up in 20 walking around the ring when the snow hit was stunning. This vid was informative and very interesting.
Keep in mind that there is not much employment in that area. Koblenz/Trier/Köln, yes, but unless it's Ring-related (for how long still?) or you can work completely remote, might want to think twice about it.
Love it, like property brothers meets nurburgring
Good use of the drone(s). Loved the very valuable content. Never thought about moving to that region, but somehow it also makes sense.
Very interesting topic, I liked it👍🏼
Well done Misha, enjoyed this alot it was an eye-opener
IN-SANE prices over there... Just crazy to think that these houses, let say the last one in the video (€225.000,-) would cost up to €800.000,- here (Amsterdam area). Makes me wonder, why not sell our house and live there. Such a beautiful area, nature and of course the track nearby.... Wow
It would also help international buyers if you would be so kind to mention in which country the property is.
great video, wasn't expecting to see this type of content!
The most important thing in germany, after you bought a house in germany? Well you need to fill out a document wich is called "GRUNDSTEUERERKLÄRUNG!" Wich is so overcomplicated, that even germans struggle to understand how to fill it out properly😁✌️
More please.........love this vid. This is actually my retirement dream.
Man I wish I was at the ability to work from home, something internet based obviously, I would love to move near to the Ring and be able to head there whenever I wanted. I loved the "car guy's" home, loved the plot, the interior, and no groundskeeping lol. 😅
I already want to move there, this isn't helping. Or it is helping. I'm not sure which yet.
Great idea Misha,...love that you are doing that !!!!
Very nice
Thank you so much for your content Misha ☺️ wish me past my German language and i can get my working visa to work as a mechanic at Nürburgring area 🥺
Great content Misha ! Really interesting !
Great video Misha, as both a car enthusiast and a real estate agent I loved this. Cheers mate 🥂
Loved today's video. Used to watch Homes under the hammer on BBC. So interesting. House prices in the UK are mad right now. I bought my 1st house 12 years ago now. The last house shown would be perfect. 😂. Maybe a option for retirement. ✌😂
to be 10 minutes away from the track is super convenient and i'd be willing to put up with the noise
Dude, its amazing not just to see the track on your channel but also the area and people around it. Great video!!
This was just the video I was looking for for so long, with just the person who i wanted to make it. thank you
Super interesting, maybe I should leave France... I'll talk to my wife and kids tomorrow 😅
Really good information, thanks Misha )
This was fun, thank you!
As they say “You can live in a car, but you can’t race a house.”
Lol 🤭
Yeah the previous owners wanted to sell before the energy crisis hit. Families will be burning the furniture to stay warm before this ends
Misha giving all the info about life near/at the
Enjoyed the day’s video. Appreciate the interesting content.
If you’re thinking of buying a house Misha the best time is sooner than later. 👍👊🏻
I enjoy all the content no matter what it is! Great video! 🇺🇸
My goodness…house for sale at “loose change” values! Gosh Misha…we are just moving into a house we bought Dec 2020 and have been renovating completely…it is worth c€760!000 but I wish it was the size of some of those we saw on your film! In the U.K. your prices would be just unbelievable!! 😱😀
Really interesting video, never thought houses can be relatively cheap in DE. I always heard even bad houses are 300k
Indeed and property around the Ring is considerably cheaper than here in LA, which is ridiculous even when you have money. I have the opportunity to work in the UK for the next 5 years and I'm very tempted as things are a bit rough here in the City of Angels...on almost every level.
Good topic. I would hate the noise from having the road right next to my house but the car spotting would be amazing.
9:58 A very small property... Watching this in my one bedroom flat that could fit inside the garage space...
In the village everyone calls this house "The Small House" it makes us laugh as we came from London and a small flat. it is far bigger than anything we could have dreamt of buying i the UK.
@@NerdburgChannel I wish I could have seen your face when he called it small. Knowing that you had moved there from London, I could imagine what you were thinking. Beautiful property btw, amazing value for money.
cheaper that what car? zhiguli for 100 euro or mclaren F1 LM for 20 million euros?
Yes
@@mgcharoudin carmrade Boris
love the first, second and last one..
but unfortunately we can't see the inside.