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Condominium in a multi-family house

Josefstr. 17, 45879 Gelsenkirchen, Nordrhein-Westfalen

Up for auction: a single apartment inside the building

Auction in 13 days

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

Appraised value

€14,000

Auction date

7 October 2026

11:00

Enforcement by a creditor

Appraised value

14,000

Bidding thresholds
50%70%
7,0009,800

Minimum bid: below €7,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €9,800 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

7 October 2026 · 11:00

Auction venue

Amtsgericht Gelsenkirchen, Hauptgebäude, Bochumer Straße 79, 45886 Gelsenkirchen, Etage 2, Sitzungssaal 202

Case number

0005 K 0047/2024

Next steps

Bid deposit

Wednesday, 30 September 2026

  • €1,400 (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)

Auctionin 13 days

Wednesday, 7 October 2026

  • 11:00
  • Amtsgericht Gelsenkirchen 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%€650
Court fee for the award (§ 54 GKG)approx. 0.5%€50
Land register entryapprox. 0.3%€30
Total closing costs€730(7.3%)

Total investment

€10,730

€10,000 purchase price + €730 closing costs

Bid deposit€1,400

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. €507 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Eigentumswohnung

Living area

44 m²

Price per m²

€318

Year built

approx. 1898

Occupancy

Let

Town

45879 Gelsenkirchen

Property description

Condominium No. 4 on the 1st upper floor of the multi-family house at Josefstraße 17 in Gelsenkirchen-Neustadt, built 1898. The inner-city location offers good transport links, with Gelsenkirchen main railway station approximately 500 m on foot and a bus stop 200 m away.

As at the valuation date, the flat has been combined with the neighbouring units WEG No. 3 and No. 5 into one economic unit and is let. The division plan (Aufteilungsplan) provides for a hallway, eat-in kitchen, bathroom, living room and bedroom; as at the valuation date no bathroom is present, the kitchen has been enlarged. A cellar in the basement belongs to the unit.

The structural condition is severely neglected with considerable need for refurbishment. The main building shows massive damp damage to the courtyard façade, a defective staircase with damp defects and an insecurely anchored entrance door. Conversion work is required for separate letting; the basement could not be inspected. The entire property with outbuildings and garages is in a neglected condition and is subject to several ongoing building-control proceedings.

Klaava Pro

What Pro adds for this property

  • 10 findings from the appraisal, 5 of them rated severe
  • Valuation: Cost approach, Income approach, Property yield rate
  • 1 entry in section II, meaning encumbrances and restrictions
  • Energy: Heating type, Energy source
  • More key facts: Remaining useful life and 3 more
  • 18 more photos of this property
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Official property description

The court’s wording

Laut Wertgutachten handelt es sich um ein Wohnungseigentumsrecht (Nr. 4 des Aufteilungsplans) im 1. OG links (Haupthaus) eines Mehrfamilienwohnhauses nebst Anbau, Nebengebäuden und zwei Garagen, Ursprungsbaujahr 1898/Baujahr (fiktiv) 1977, ca. 44m² Wfl., erhebliche Bauschäden/-mängel.

Die Eigentumswohnung Nr. 4 wird zusammen mit der Eigentumswohnung Nr. 3 und der Eigentumswohnung Nr. 5 in der Örtlichkeit als wirtschaftliche Einheit genutzt und ist zum Wertermittlungsstichtag (= 16.01.2025) als Einheit vermietet.

Es sind bauordnungsrechtliche Verfahren betreffend das Flurstück 1207 anhängig.

Die Einsichtnahme des Gutachtens nebst allen Anlagen wird dringend angeraten!

English translation

According to the valuation report, this is a condominium ownership right (No. 4 of the division plan) on the 1st upper floor left (main house) of a multi-family residential house together with an extension, outbuildings and two garages, original year of construction 1898/year of construction (notional) 1977, approx. 44m² living area, considerable structural damage/defects.

Condominium No. 4 is used together with condominium No. 3 and condominium No. 5 on site as an economic unit and is let as a unit as at the valuation date (= 16.01.2025).

Building-control proceedings concerning plot 1207 are pending.

Inspection of the valuation report together with all annexes is urgently recommended!

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

Massive Mauerwerksbauweise, voll unterkellert. Satteldach mit alter Dacheindeckung aus Ton. Kunststofffenster, doppelt verglast.

Findings of the surveyor · 10 findings

  • Interior fit-out (3)
  • Grounds (3)
  • Roof (2)
  • Facade
  • Basement

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