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Condominium with garage

Hagener Str. 8, 58285 Gevelsberg, Nordrhein-Westfalen

Up for auction: a single apartment inside the building

Auction in 15 days

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

Appraised value

€94,000

Auction date

9 October 2026

10:00

Enforcement by a creditor

Appraised value

94,000

Bidding thresholds
50%70%
47,00065,800

Minimum bid: below €47,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €65,800 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

9 October 2026 · 10:00

Auction venue

Amtsgericht Schwelm, Hauptgebäude, Schulstr. 5, 58332 Schwelm, Etage I, Sitzungssaal 107

Case number

0044 K 0013/2022

Next steps

Bid deposit

Friday, 2 October 2026

  • €9,400 (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

Friday, 9 October 2026

  • 10:00
  • Amtsgericht Schwelm in Nordrhein-Westfalen
Payment of the purchase price

approx. November 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.

Read the official auction notice

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

of the appraised market value

State

Property transfer tax6.5%€4,290
Court fee for the award (§ 54 GKG)approx. 0.5%€330
Land register entryapprox. 0.3%€198
Total closing costs€4,818(7.3%)

Total investment

€70,818

€66,000 purchase price + €4,818 closing costs

Bid deposit€9,400

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. €3,346 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Eigentumswohnung

Living area

83.91 m²

Price per m²

€1,120

Year built

1927

Rooms

3

Occupancy

Let

Town

58285 Gevelsberg

Property description

Condominium on the 3rd floor of a four-storey residential and commercial building built in 1927 on Hagener Straße in Gevelsberg, east of the town centre in a central location. The purchase also includes the special property (Sondereigentum) of garage No. 21 on the same plot.

According to the file, the flat comprises a living room, bedroom, kitchen, bathroom, hallway, storage room and loggia. The flat is let and generates a net cold rent of 370 euros per month, with the garage bringing in a further 38 euros per month.

An internal inspection was not possible due to lack of access, so the fittings and actual condition of the flat are unknown. Water damage was found in the building in the loft and on the 3rd floor, as well as damp basement walls, indicating an increased need for repair.

Klaava Pro

What Pro adds for this property

  • 3 findings from the appraisal
  • Valuation: Income approach, Property yield rate
  • 3 entries in section II, meaning encumbrances and restrictions
  • 2 units with floor area, actual rent and market rent
  • Energy: Final energy consumption, Heating type, Energy source
  • 3 more key facts
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Official property description

The court’s wording

laut Wertgutachten:ETW im 3.OG links des Treppenaufgangs des Hauses Hagener Str. 8a bestehend aus Wohnzimmer, Schlafzimmer, Küche, Bad-WC, Diele, Abstellraum und Loggia; Wohnfläche 83,91 qm und Garage, eine Innenbesichtigung hat nicht stattgefunden

Laut Wertgutachten ETW im 3.OG links des Treppenaufgangs des Huases Hagener Str.8a bestehend aus Wohnzimmer,Schlafzimmer,Küche,Bad-WC,Diele,Abstrellraum und Loggia; Wohnfläche 83,91 qm, und Garage, eine Innenbesichtigung hat nicht stattgefunden.

English translation

According to the valuation report: condominium on the 3rd floor to the left of the staircase of the building Hagener Str. 8a, comprising living room, bedroom, kitchen, bathroom-WC, hallway, storage room and loggia; living area 83.91 sqm and garage, an internal inspection did not take place

According to the valuation report, condominium on the 3rd floor to the left of the staircase of the building Hagener Str. 8a, comprising living room, bedroom, kitchen, bathroom-WC, hallway, storage room and loggia; living area 83.91 sqm, and garage, an internal inspection did not take place.

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

Building condition

Average

According to the appraiser, the building is externally in a generally average state of maintenance.

Findings of the surveyor · 3 findings

  • Roof
  • Basement
  • Grounds

Read out of the market value report written by the court-appointed surveyor.