Condominium with loggia on the ground floor

65201 Wiesbaden, Hessen

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

€135,000

Auction date

21 October 2026

11:00

Enforcement by a creditor

Appraised value

€135,000

Bidding thresholds

50%70%

67,50094,500

Minimum bid: below €67,500 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €94,500 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

21 October 2026 · 11:00

Local court

Wiesbaden in Hessen

Auction venue

Justizzentrum Wiesbaden, Mainzer Straße 124, Raum 1.004, 65189 Wiesbaden

Case number

0061 K 0041/2025

Next steps

Bid deposit

Wednesday, 14 October 2026

€13,500 (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

11:00
Amtsgericht Wiesbaden in Hessen

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 tax6.0%€5,700

Court fee for the award (§ 54 GKG)approx. 0.5%€475

Land register entryapprox. 0.3%€285

Total closing costs€6,460(6.8%)

Total investment

€101,460

€95,000 purchase price + €6,460 closing costs

Bid deposit€13,500

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. €4,817 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Eigentumswohnung

Living area

41.02 m²

Price per m²

€3,291

Year built

1971

Rooms

Occupancy

Let

Town

65201 Schierstein

Property description

Condominium on the ground floor of a three-storey apartment building from 1971, approximately 3 kilometres from the city centre with good public transport connections. The 41.02 m² flat offers two rooms, a kitchen, a bathroom, a hallway and a loggia, as well as an associated cellar room.

The flat is let. The current annual gross income is 5,280 euros (net cold rent 440 euros monthly). The market rent is stated at approximately 7.00 euros per square metre per month (approximately 287 euros), meaning the existing rent is above the current market level.

The building shows a significant need for refurbishment. The structural fabric is appropriate for its age, with outdated building services and defects in several areas: the heating was decommissioned in 2019 and hot water is provided via an electric boiler; windows are leaking in several places; the façade shows signs of wear. A partial interior inspection was not possible. A comprehensive modernisation would likely be economically sensible.

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What Pro adds for this property

Energy: Heating type, Energy source
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Official property description

The court’s wording

Eigentumswohnung (2 ZKB) mit Loggia im EG eines Mehrfamilienhauses nebst Kellerraum und drei PKW-Stellplätzen; Wohnfläche: ca. 41,02 m²; Baujahr: ca. 1971; vermietet; Zustand der Wohnung unbekannt mangels Innenbesichtigung; evtl. bestehenbleibende Rechte

English translation

Condominium (2 rooms, kitchen, bathroom) with loggia on the ground floor of an apartment building including cellar room and three car parking spaces; living area: approx. 41.02 m²; year of construction: approx. 1971; let; condition of the flat unknown due to lack of interior inspection; possible continuing rights

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.