I don't know what type of hardware they're running their Nextcloud instances on, but I've been using calendar/contacts and public file sharing (since Firefox Send went down) on the cheapest plan for a while now and it's fine. I also dabbled a bit in using Nextcloud's maps, video calling, bookmarks and rss reader applications and it all works OK, although I didn't stick to them because they're not the most rich in features. I had to Hetzner email support a few times and got a helpful reply within 1-2 work days, sometimes quicker, which I thought was fine.