Nordrhein-Westfalen
Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.
Appraised value
€135,000
Auction date
30 October 2026
10:00
€135,000
Minimum bid: below €67,500 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €94,500 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.
Auction date
30 October 2026 · 10:00
Local court
Auction venue
Amtsgericht Schwelm, Hauptgebäude, Schulstr. 5, 58332 Schwelm, Etage I, Sitzungssaal 107
Case number
0044 K 0013/2025
Next steps
Friday, 23 October 2026
Alternative: a crossed cheque or a bank guarantee at the hearing (§ 69 ZVG)
Friday, 30 October 2026
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.
The ZVG portal only serves case pages inside its own site, so this route goes through Klaava.
The data comes from zvg-portal.de, the official portal of the German federal states.
Closing costs
Bid amount
State
Total investment
€101,935
€95,000 purchase price + €6,935 closing costs
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. €4,817 (~5.1%)
Estimates. They create no legal claim.
Property type
Mehrfamilienhaus
Living area
300 m²
Price per m²
€450
Plot size
307 m²
Year built
approx. 1830
Occupancy
Let
Listed multi-family residential house of timber-frame construction dating from 1830, located in a relatively central inner-city position of the district town of Schwelm, around 500 metres from the town centre. The two-storey building on a 307 m² terraced plot is fully basemented and has a partially converted attic storey.
The house comprises three residential units: two flats on the ground floor and one large flat combining the upper floor and attic storey. The property is fully let, with an annual gross income of around 18,773 euros.
The overall state of repair is poorly maintained, with extensive render, paint and damp damage in the basement, defective building services and a backlog of renovation work in the flats. Listed status further restricts the possible uses and requires corresponding conditions for any future measures.
Klaava Pro
The court’s wording
II-geschossiges , vermietetes Wohngebäude ( Mehfamilienwohnhaus) Baujahr 1830,
bestehend aus 2 Whgen im Erdgeschoss; 1 Wohnung im Obergeschoss und teilweise Dachgeschoss, Kellergeschoss, Wohnfläche 300 qm
Denkmalschutz besteht; keine Wohnungsbindung
English translation
II-storey, let residential building (multi-family house) built in 1830,
comprising 2 flats on the ground floor; 1 flat on the upper floor and partially in the attic storey, basement storey, living area 300 sqm
Listed status applies; no social housing tie
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.
Building condition
Poor
The expert notes extensive render, paint and damp damage in the basement as well as a defective gas boiler, defective electrical wiring and sewage leakage from a drain pipe.
Findings of the surveyor · 11 findings
Read out of the market value report written by the court-appointed surveyor.