Condominium (3 rooms) in the town centre

Reitbahnstraße 53, 09111 Chemnitz, Sachsen

Up for auction: a single apartment inside the building

Auction in 19 days

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

Appraised value

€59,000

Auction date

13 October 2026

10:00

9 more photos

Enforcement by a creditor

Appraised value

€59,000

Bidding thresholds

50%70%

29,50041,300

Minimum bid: below €29,500 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €41,300 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

13 October 2026 · 10:00

Local court

Chemnitz in Sachsen

Auction venue

Gerichtsstraße 2, 09112 Chemnitz / Raum: 3.007 Sitzungssaal

Case number

0023 K 0052/2024

Procedure

Foreclosure auction

Next steps

Bid deposit

Tuesday, 6 October 2026

€5,900 (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, 13 October 2026

10:00
Amtsgericht Chemnitz in Sachsen

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 tax5.5%€2,255

Court fee for the award (§ 54 GKG)approx. 0.5%€205

Land register entryapprox. 0.3%€123

Total closing costs€2,583(6.3%)

Total investment

€43,583

€41,000 purchase price + €2,583 closing costs

Bid deposit€5,900

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. €2,079 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Eigentumswohnung

Living area

60.72 m²

Price per m²

€972

Year built

1958

Rooms

Occupancy

Owner-occupied

Town

09111 Chemnitz

Property description

Condominium on the 2nd upper floor of a four-storey apartment building in Chemnitz-Zentrum, built in 1958 and renovated in 1998. The building comprises a total of 48 residential units and has a full basement.

Apartment 46 is a 3-room apartment with 60.72 m² of living space, dual-aspect orientation (northeast and southwest), with hallway, bathroom and kitchen as well as a balcony. The co-ownership share in the overall complex amounts to 20.83/1,000, and it also carries a right of special use (Sondernutzungsrecht) to outdoor parking space no. 88.

The condition of the building is described as consistent with its age. An interior inspection was carried out; the technical fittings comprise district heating (heating station in the basement) and contemporary electrical installations.

Klaava Pro

What Pro adds for this property

2 building elements with their own condition rating
2 entries in section II, meaning encumbrances and restrictions
Timeline of modernisation work, with years
Energy: Heating type, Energy source
3 more key facts
9 more photos of this property

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Official property description

The court’s wording

a) 3-Raum Wohnung im 2. OG eines 4-geschoss. Wohnhausen in einer Wohnanlage mit 48 WE; Wohnfläche: 60,72 m²; Baujahr: ca. 1958; Sanierung: ca. 1998; bei Begutachtung vermietet; zur Wohnung gehört eine Einbauküche

b) Miteigentumsanteil an einem Grundstück mit Spielplatz

English translation

a) 3-room apartment on the 2nd upper floor of a 4-storey residential building in a residential complex with 48 residential units; living space: 60.72 m²; year of construction: approx. 1958; renovation: approx. 1998; let at the time of inspection; the apartment includes a fitted kitchen

b) Co-ownership share in a plot of land with a playground

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.