Condominium under heritable building right
Sagekuhle 29, 21614 Buxtehude, Niedersachsen
Up for auction: a single apartment inside the building
Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.
Appraised value
€75,000
Auction date
25 September 2026
10:00
Appraised value
€75,000
Minimum bid: below €37,500 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €52,500 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.
Auction date
25 September 2026 · 10:00
Local court
Auction venue
Amtsgericht Buxtehude, Bahnhofstraße 4, Saal I
Case number
0010 K 0007/2025
Procedure
Foreclosure auction
Next steps
Friday, 18 September 2026
- €7,500 (10% of the appraised market value)
- Transfer deadline has passed
- You can still lodge the deposit at the hearing by bank guarantee or cheque (§ 69 ZVG)
- Cheque: issued on or after the third working day before the auction
Friday, 25 September 2026
- 10:00
- Amtsgericht Buxtehude in Niedersachsen
approx. November 2026
The court sets the deadline, roughly 6 weeks after the award
Documents
- Official auction notice
- Valuation report 1
- Valuation report 2
- Valuation report 3
- Valuation report 4
- Valuation report 5
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
€56,074
€53,000 purchase price + €3,074 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. €2,687 (~5.1%)
Estimates. They create no legal claim.
Key facts
Property type
Eigentumswohnung
Living area
35.83 m²
Price per m²
€2,093
Year built
1973
Rooms
1
Occupancy
Owner-occupied
Town
21614 Buxtehude
Property description
Condominium on the 4th upper floor of a 5-storey multi-family house built in 1973 under heritable building right with a remaining term of approximately 41 years. The building has a complete basement and a flat roof.
The flat comprises a living room, a kitchen, a bathroom and an external storage room with a living area of approximately 35.83 m². The special property is currently vacant. The condominium is connected to a co-ownership share of 17/1,000 of the plot developed with a multi-family house.
The condition of the flat is poor. It is cluttered with rubbish and heavily soiled. Modernisation is required due to the heavy soiling and the outdated sanitary fittings. The building as a whole is in the condition of its year of construction with minor maintenance backlog and general need for renovation.
Klaava Pro
What Pro adds for this property
- 4 findings from the appraisal, 1 of them rated severe
- Valuation: Income approach, Property yield rate
- 3 entries in section II, meaning encumbrances and restrictions
- Energy: Energy rating, Final energy consumption, Heating type, Energy source
- More key facts: Remaining useful life and 2 more
- 13 more photos of this property
Official property description
The court’s wording
Laut Gutachten handelt es sich um ein Wohnungseigentum im Erbbaurecht. Die Wohnung umfasst 1 Zimmer, Küche, Bad, Flur und 1 Abstellraum (extern) mit einer Wohnfläche von ca. 35,83 m². Das Erbbaurecht ist bis zum 08.10.2066 bestellt und hat damit eine Restlaufzeit von rd. 41 Jahren.
English translation
According to the report, this is a condominium under heritable building right. The flat comprises 1 room, kitchen, bathroom, hallway and 1 storage room (external) with a living area of approx. 35.83 m². The heritable building right is granted until 08.10.2066 and thus has a remaining term of approx. 41 years.
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.
What the surveyor's report says
Construction
Flachdach mit Bitumendachbahnen. Holzfenster mit Doppelverglasung, teils defekt.
Findings of the surveyor · 4 findings
- Interior fit-out (2)
- Plumbing
- Heating
Read out of the market value report written by the court-appointed surveyor.