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2-room apartment in the attic

Kiwittsmoor 34, 22417 Hamburg

Auction in 26 days

Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.

Appraised value

€198,000

Auction date

20 October 2026

09:30

Enforcement by a creditor

Appraised value

198,000

Bidding thresholds
50%70%
99,000138,600

Minimum bid: below €99,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €138,600 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

20 October 2026 · 09:30

Local court

Hamburg (Mitte)

Auction venue

Caffamacherreihe 20, 20355 Hamburg

Room: see the official auction notice

Case number

71 K 17-24

Next steps

Bid deposit

Tuesday, 13 October 2026

  • €19,800 (10% of the appraised market value)
  • By bank transfer to the court cash office
  • The court must have the money before the auction starts

Alternative: a crossed cheque or a bank guarantee at the hearing (§ 69 ZVG)

Auction

Tuesday, 20 October 2026

  • 09:30
  • Local court Hamburg (Mitte)
Payment of the purchase price

approx. December 2026

The court sets the deadline, roughly 6 weeks after the award

Documents

Official court records, free to download.

Klaava Pro reads them for you: condition, defects, land register and valuation.

Closing costs

Bid amount

of the appraised market value

State

Property transfer tax5.5%€7,645
Court fee for the award (§ 54 GKG)approx. 0.5%€695
Land register entryapprox. 0.3%€417
Total closing costs€8,757(6.3%)

Total investment

€147,757

€139,000 purchase price + €8,757 closing costs

Bid deposit€19,800

10% of the appraised market value (§ 68 ZVG). You lodge it before the auction date. On award it counts towards your bid, otherwise you get it back. That is why it sits outside the total above.

No estate agent, no notarised purchase contract. Saving against a normal purchase approx. €7,047 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Wohnungserbbaurecht

Living area

64 m²

Price per m²

€3,094

Year built

1973

Rooms

2

Occupancy

Owner-occupied

Town

22417 Hamburg

Property description

2-room condominium with leasehold building right (Wohnungserbbaurecht) in the attic of an apartment building with 48 residential units in the Langenhorn district, approximately 0.5 km from the Kiwittsmoor underground station and located in a normal residential area. The apartment comprises approximately 64 m² of living area including balcony area and has a special right of use (Sondernutzungsrecht) for a cellar room and a parking space area. The property is occupied by the owner.

The leasehold building right (Erbbaurecht) has a remaining term of approximately 49 years (until 03.03.2074) and is free of ground rent. An internal inspection was not possible; only the communal areas could be inspected. The valuation takes into account the ground-rent-free condition in accordance with the law on compulsory auctions (Zwangsversteigerungsrecht).

Klaava Pro

What Pro adds for this property

  • 1 entry in section II, meaning encumbrances and restrictions
  • 3 more key facts
  • 3 more photos of this property
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Official property description

The court’s wording

71 K 17-24: Wohnungserbbaurecht, 2-Zimmer-Wohnung in Hamburg

English translation

71 K 17-24: leasehold building right (Wohnungserbbaurecht), 2-room apartment in Hamburg

Wording of the local court, taken from the official auction notice.

All information is given without warranty. The information shown was extracted automatically from official documents using AI and can be incomplete or wrong. Klaava accepts no liability for decisions made on the basis of this data. Only the official notices of the competent local court and the valuation report are authoritative.