Condominium with mould infestation

Lilienweg 19-23, 53359 Rheinbach, Nordrhein-Westfalen

Up for auction: a single apartment inside the building

Auction in 18 days

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

Appraised value

€90,000

Auction date

12 October 2026

11:00

10 more photos

Enforcement by a creditor

Appraised value

€90,000

Bidding thresholds

50%70%

45,00063,000

Minimum bid: below €45,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €63,000 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

12 October 2026 · 11:00

Local court

Rheinbach in Nordrhein-Westfalen

Auction venue

Amtsgericht Rheinbach, Hauptgebäude, Schweigelstr. 30, 53359 Rheinbach, Etage 1, Sitzungssaal 205

Case number

0011 K 0006/2025

Next steps

Bid deposit

Monday, 5 October 2026

€9,000 (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, 12 October 2026

11:00
Amtsgericht Rheinbach 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%€4,095

Court fee for the award (§ 54 GKG)approx. 0.5%€315

Land register entryapprox. 0.3%€189

Total closing costs€4,599(7.3%)

Total investment

€67,599

€63,000 purchase price + €4,599 closing costs

Bid deposit€9,000

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. €3,194 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Eigentumswohnung

Living area

79 m²

Price per m²

€1,139

Year built

1972

Rooms

Occupancy

Owner-occupied

Town

53359 Rheinbach

Property description

Condominium on the 2nd upper floor of a four-storey multi-family house adjoined on several sides, on the western edge of the town of Rheinbach, not far from the Rotterbach. The house was built in 1972, has a full basement and a flat roof with a thermal insulation composite system on the facade. The property also includes a co-ownership share in a nearby multi-storey car park with an allocated car parking space on the upper level.

The flat comprises hallway, kitchen, shower/WC, three rooms and a balcony over approximately 79 m². It is currently inhabited by a co-owner; there is no rental. As the property is uninhabitable, the purchaser can expect neither rental income nor any immediate benefit from letting.

The condition of the flat is derelict, with extensive mould growth in all rooms, so that it is currently uninhabitable for health reasons. A basic renovation including replacement of the flat door and windows is required; the investment cost is assessed as considerable and may reach or exceed the economic viability threshold.

Klaava Pro

What Pro adds for this property

5 findings from the appraisal, 3 of them rated severe
Valuation: Income approach
2 entries in section II, meaning encumbrances and restrictions
2 units with floor area, actual rent and market rent
Timeline of modernisation work, with years
Energy: Final energy consumption, Heating type, Energy source
3 more key facts
10 more photos of this property

Unlock freeThen try Pro free for 7 days.

Official property description

The court’s wording

Eigentumswohnung , 3 Zimmer Küche Flur, WC/Dusche, Balkon , Wohnfläche 79 m² in einer viergeschossigen Wohneinheit, Zentrale Heizungs- und Warmwasserversorgung. Großflächige Schimmelpilzbildung, derzeit aus hygienischen und gesundheitlichen Gesichtspunkten unbewohnbar., hoher Investitionsbedarf. Gutachteneinsicht wird dringend empfohlen.

Weiterhin ein Kfz Stellplatz auf der oberen Ebene eines Parkhauses in der Nähe.

Miet und Pachtverhältnisse sind nicht bekannt.

English translation

Condominium, 3 rooms kitchen hallway, WC/shower, balcony, living area 79 m² in a four-storey residential unit, central heating and hot water supply. Extensive mould growth, currently uninhabitable from a hygiene and health perspective, high investment requirement. Inspection of the report is strongly recommended.

Also a car parking space on the upper level of a nearby multi-storey car park.

Tenancy and lease arrangements are not known.

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.