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Condominium in a multi-family house

Stormstraße 14d, 47445 Repelen, Nordrhein-Westfalen

Up for auction: a single apartment inside the building

Auction in 28 days

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

Appraised value

€122,000

Auction date

22 October 2026

09:00

Satellite view of the location
Satellite view of the location, no photo of the property available
Enforcement by a creditor

Appraised value

122,000

Bidding thresholds
50%70%
61,00085,400

Minimum bid: below €61,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €85,400 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

22 October 2026 · 09:00

Auction venue

Amtsgericht Moers, Hauptgebäude, Haagstraße 7, 47441 Moers, Etage 2, Sitzungssaal 225

Case number

0030 K 0012/2022

Next steps

Bid deposit

Thursday, 15 October 2026

  • €12,200 (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

Thursday, 22 October 2026

  • 09:00
  • Amtsgericht Moers in Nordrhein-Westfalen
Payment of the purchase price

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.

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%€5,525
Court fee for the award (§ 54 GKG)approx. 0.5%€425
Land register entryapprox. 0.3%€255
Total closing costs€6,205(7.3%)

Total investment

€91,205

€85,000 purchase price + €6,205 closing costs

Bid deposit€12,200

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. €4,310 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Eigentumswohnung (ab 5 Zimmer)

Living area

117 m²

Price per m²

€1,043

Year built

1956

Rooms

5

Occupancy

Let

Town

47445 Repelen

Property description

Condominium with five rooms in a four-storey multi-family house (8 parties) built in 1956, on the outskirts of Moers-Repelen. The flat on the third upper floor, left, comprises approximately 117 m² of living space, two bathrooms, a balcony and is connected to a basement room. The loft was converted for residential use in 2006.

The flat is let. However, the owners' association is in considerable economic and organisational difficulty, which limits marketability. According to reports from 2023, the building was at times unheated, and the building of reserves was suspended. The appraiser assumes these problems continue up to the valuation date.

The flat and the building overall convey a neglected impression. Windows and the front door have been modernised, however the roof, facade and building services are in a condition consistent with the year of construction. The condition of the flat itself could not be assessed due to the lack of an internal inspection.

Klaava Pro

What Pro adds for this property

  • 3 findings from the appraisal, 1 of them rated severe
  • Valuation: Income approach, Property yield rate
  • 2 entries in section II, meaning encumbrances and restrictions
  • Timeline of modernisation work, with years
  • Energy: Heating type, Energy source
  • 3 more key facts
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Official property description

The court’s wording

Laut Wertgutachten handelt es sich um eine Eigentumswohnung (Dachgeschoss) in einem viergeschossigen, unterkellerten Mehrfamilienhaus (8-Parteienhaus) in dem Stadtteil Moers Repelen.

Das Wohnhaus ist aus dem Baujahr 1956 und wurde bislang teilweise renoviert (Fenster u. Haustür). Dieses befindet sich laut Angaben insgesamt in einem schlechten Unterhaltungszustand.

Die Wohnung befindet sich im 3. Obergeschoss und Dachgeschoss und hat eine Wohnfläche von circa 117 qm. Zudem ist ein Keller und Balkon vorhanden.

Es konnte keine Innenbesichtigung stattfinden.

Die Wohnung ist derzeit vermietet.

English translation

According to the valuation report, this is a condominium (loft) in a four-storey, basemented multi-family house (8-party building) in the Moers Repelen district.

The residential building dates from 1956 and has so far been partially renovated (windows and front door). According to reports it is overall in a poor state of upkeep.

The flat is located on the 3rd upper floor and loft and has a living area of approximately 117 sqm. A basement room and balcony are also present.

No internal inspection could take place.

The flat is currently let.

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 is in a severely neglected condition.

Construction

Massivbau mit einschaligem Mauerwerk, voll 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.