Condominium with double garage

Volksgartenstraße 224, 41065 Mönchengladbach, Nordrhein-Westfalen

Up for auction: a single apartment inside the building

Auction in 27 days

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

Appraised value

€265,000

Auction date

21 October 2026

10:00

2 more photos

Enforcement by a creditor

Appraised value

€265,000

Bidding thresholds

50%70%

132,500185,500

Minimum bid: below €132,500 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €185,500 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

21 October 2026 · 10:00

Local court

Mönchengladbach in Nordrhein-Westfalen

Auction venue

Amtsgericht Mönchengladbach, Hauptgebäude, Hohenzollernstr. 157, 41061 Mönchengladbach, Etage E, Sitzungssaal A 14

Case number

0043 K 0038/2025

Next steps

Bid deposit

Wednesday, 14 October 2026

€26,500 (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

Wednesday, 21 October 2026

10:00
Amtsgericht Mönchengladbach 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%€12,090

Court fee for the award (§ 54 GKG)approx. 0.5%€930

Land register entryapprox. 0.3%€558

Total closing costs€13,578(7.3%)

Total investment

€199,578

€186,000 purchase price + €13,578 closing costs

Bid deposit€26,500

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. €9,430 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Eigentumswohnung

Living area

113.58 m²

Price per m²

€2,333

Year built

1984

Rooms

Occupancy

Let

Town

41065 Mönchengladbach

Property description

Condominium in a fully basemented two-family house with two granny flats in Mönchengladbach-Pesch, year of construction 1984. Flat No. 1 is spread over basement, ground floor and upper floor and comprises a living room with dining area, kitchen, two bedrooms, two children's rooms, bathroom, WC as well as balcony and terrace with private right of sole use of the garden.

The flat is let and currently generates a monthly net rent of 863.21 € plus 90 € for the co-sold tandem garage. The annual gross income amounts to approximately 11,438 €. In addition, the flat carries a right of sole use (Sondernutzungsrecht) of a garden area.

The external facade paintwork on the rear of the building is partially in need of renewal, and the balcony top floor covering requires refurbishment. The energy-related characteristics correspond to the original condition of the 1980s and are, from today's perspective, partly dated. The property shows an average state of upkeep appropriate to its age.

Klaava Pro

What Pro adds for this property

3 findings from the appraisal
Valuation: Income approach, Property yield rate
1 entry in section II, meaning encumbrances and restrictions
Timeline of modernisation work, with years
Energy: Heating type, Energy source
More key facts: Remaining useful life and 2 more
2 more photos of this property

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Official property description

The court’s wording

laut Gutachten handelt es sich um ein Grundstück bebaut mit Wohneigentum (ca. 113,58 qm Wohnfläche, Baujahr ca. 1984) im Kellergeschoss, Erdgeschoss und Obergeschoss, sowie Teileigentum an einer Doppelparkgarage in einem Wohnhaus, dass als Zweifamilienhaus mit zwei Einliegerwohungen errichtet wurde.

Wohneigentum Nr. 1 des Aufteilungsplanes

Doppelgarage Nr. 5 des Aufteilungsplanes

Größe 561 qm

English translation

according to the appraisal, this concerns a property developed with residential ownership (Wohneigentum) (approx. 113.58 m² living area, year of construction approx. 1984) in the basement, ground floor and upper floor, as well as partial ownership (Teileigentum) of a double parking garage in a residential building erected as a two-family house with two annexed flats (Einliegerwohnungen).

Wohneigentum No. 1 of the division plan (Aufteilungsplan)

Double garage No. 5 of the division plan (Aufteilungsplan)

Size 561 m²

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

Massivbau, voll unterkellert, in konventioneller Bauweise um 1984 errichtet. Mansardenähnliches Dach beziehungsweise Flachdach als Holzkonstruktion, gedeckt mit Bekleidungsplatten. Holzfenster, doppelt verglast.

Findings of the surveyor · 3 findings