Condominium unit connected to the adjoining neighbouring unit
Stormstraße 14c, Repelen, Nordrhein-Westfalen
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
€85,400
Auction date
1 October 2026
09:00
Appraised value
€85,400
Minimum bid: below €42,700 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €59,780 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.
Auction date
1 October 2026 · 09:00
Local court
Auction venue
Amtsgericht Moers, Hauptgebäude, Haagstraße 7, 47441 Moers, Etage 2, Sitzungssaal 225
Case number
0030 K 0023/2024
Procedure
Foreclosure auction
Next steps
Thursday, 24 September 2026
- €8,540 (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
Thursday, 1 October 2026
- 09:00
- Amtsgericht Moers in Nordrhein-Westfalen
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.
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
€64,380
€60,000 purchase price + €4,380 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. €3,042 (~5.1%)
Estimates. They create no legal claim.
Key facts
Property type
Eigentumswohnung
Living area
68 m²
Price per m²
€1,256
Year built
1956
Rooms
3
Occupancy
Let
Town
Repelen
Property description
Condominium unit on the 2nd upper floor left of a four-storey, fully basemented multi-family house with eight parties, built in 1956, in Moers-Repelen, located on the outskirts in a simple residential area (einfache Wohnlage) directly adjoining the local sports facility. The plot comprises a total of 818 m², the co-ownership share (Miteigentumsanteil) to be valued amounts to 123.5/1,000.
Flat No. 5 offers three rooms, kitchen, hall, bathroom and loggia on approximately 68 m², as well as a cellar room. It is structurally connected to the adjoining Flat No. 6 and is used by the tenant as one large unit, the total rent for both flats amounts to 1,000 euros net cold (netto kalt) per month. For the purposes of the auction, a conversion back (Rückbau) into two separate flats is assumed.
The common property (Gemeinschaftseigentum) gives an overall strongly neglected impression, the owners' association (Eigentümergemeinschaft) is insolvent and does not form a maintenance reserve (Erhaltungsrücklage), while the special property (Sondereigentum) itself is in a normal state of upkeep, with an already modernised bathroom and renewed floor coverings.
Klaava Pro
What Pro adds for this property
- 3 findings from the appraisal, 2 of them rated severe
- Valuation: Income approach, Property yield rate
- 3 entries in section II, meaning encumbrances and restrictions
- Timeline of modernisation work, with years
- Energy: Heating type, Energy source
- 3 more key facts
Official property description
The court’s wording
Laut Wertgutachten handelt es sich jeweils um Wohnungseigentum in einem viergeschossigen, unterkellerten Mehrfamilienhaus ( 8 Parteien), Baujahr 1956. Die Wohnfläche beträgt jeweils 68 qm. Die Wohnung Nr. 5 wurde durch einen Wanddurchbruch mit der angrenzenden Wohnung Nr. 6 verbunden. Bei einer Versteigerung ist ein Rückbau zu zwei separaten Wohnungen erforderlich. Die Kosten sind mit ca. 2.500,00 € wertmindernd berücksichtigt worden.
Das Objekt macht von außen einen vernachlässigten Eindruck. Das Treppenhaus ist renovierungsbedürftig. Es sind umfangreiche Maßnahmen ( Ver-/Entsorgungsleitungen, Hausflur, Balkone, etc.) erforderlich.
Die Eigentümergemeinschaft ist derzeit nicht handlungsfähig. Für Unwägbarkeiten sind Rückstellungen in Höhe von jeweils 15.000,00 € wertmindernd berücksichtigt worden.
S-Finanzdienste GmbH der Sparkasse Krefeld, Herr Alexander Düllings, Tel: 02151 / 68-48055.
English translation
According to the valuation report, in each case this is condominium ownership (Wohnungseigentum) in a four-storey, fully basemented multi-family house (8 parties), built 1956. The living area is 68 sqm in each case. Flat No. 5 was connected to the adjoining Flat No. 6 by a wall opening. In the event of an auction, a conversion back (Rückbau) into two separate flats is required. The costs have been taken into account as value-reducing at approximately €2,500.00.
The property gives a neglected impression from the outside. The stairwell is in need of renovation. Extensive measures (supply/disposal pipework, hallway, balconies, etc.) are required.
The owners' association (Eigentümergemeinschaft) is currently unable to act. Provisions in the amount of €15,000.00 each have been taken into account as value-reducing for imponderables.
S-Finanzdienste GmbH of Sparkasse Krefeld, Mr Florian Pitz, tel: 02151 / 68-48053.
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
Poor
The common property (Gemeinschaftseigentum) already gives a strongly neglected impression from the outside, and the stairwell is also in urgent need of renovation.
Construction
Massivbau, unterkellert. Kunststofffenster, doppelt verglast.
Findings of the surveyor · 3 findings
- Interior fit-out (2)
- Grounds
Read out of the market value report written by the court-appointed surveyor.
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