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Condominium with garage

Blankenauer Straße 62, 09113 Chemnitz, Sachsen

Up for auction: a single apartment inside the building

Auction in 25 days

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

Appraised value

€43,600

Auction date

19 October 2026

10:00

Enforcement by a creditor

Appraised value

43,600

Bidding thresholds
50%70%
21,80030,520

Minimum bid: below €21,800 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €30,520 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

19 October 2026 · 10:00

Auction venue

Gerichtsstraße 2, 09112 Chemnitz / Raum: 3.011 Sitzungssaal

Case number

0027 K 0246/2024

Next steps

Bid deposit

Monday, 12 October 2026

  • €4,360 (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

Monday, 19 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%€1,705
Court fee for the award (§ 54 GKG)approx. 0.5%€155
Land register entryapprox. 0.3%€93
Total closing costs€1,953(6.3%)

Total investment

€32,953

€31,000 purchase price + €1,953 closing costs

Bid deposit€4,360

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. €1,572 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Eigentumswohnung

Living area

59.86 m²

Price per m²

€728

Year built

1901

Rooms

2

Occupancy

Let

Town

09113 Chemnitz

Property description

This 2.5-room flat with open-plan kitchen is located on the 1st upper floor of the rear building of a property consisting of two multi-family houses on Blankenauer Straße in Chemnitz, in a simple residential area with medium retail location. The buildings were constructed in 1901 and comprehensively refurbished and modernised in 1998; the front building comprises 23 flats, the rear building 7 flats and 4 garages.

The flat has a living area of about 59.86 m² and is offered together with a garage located in the rear building. The flat is currently vacant, while the garage is let, so immediate owner-occupation of the flat after the award is in principle possible.

According to the report, the plot, the buildings and the flat give an unkempt impression; the degree of refurbishment and modernisation as well as the structural condition are assessed as satisfactory, and there is a backlog of maintenance work. For buyers this therefore results in a property in need of renovation in a simple location.

Klaava Pro

What Pro adds for this property

  • 1 finding from the appraisal
  • Valuation: Income approach
  • 3 entries in section II, meaning encumbrances and restrictions
  • 2 units with floor area, actual rent and market rent
  • Timeline of modernisation work, with years
  • 3 more key facts
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Official property description

The court’s wording

Objekt 1:

2,5-Zimmer-Wohnung in einem aus zwei Gebäuden bestehenden Mehrfamilienhaus (Vorder- und Hinterhaus) mit insgesamt 30 Wohnungen und vier Garagen; Wohnfläche: ca. 59,86 m²; Baujahr: 1901; Sanierung: 1998; bei Begutachtung nicht vermietet

Objekt 2:

Garage im Hinterhaus; bei Begutachtung vermietet

English translation

Property 1:

2.5-room flat in a multi-family house consisting of two buildings (front and rear building) with a total of 30 flats and four garages; living area: approx. 59.86 m²; year built: 1901; refurbishment: 1998; not let at the time of inspection

Property 2:

Garage in the rear building; let at the time of inspection

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

Findings of the surveyor · 1 finding

  • Facade

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