Single garage held as part-ownership

Höfen 86, 42283 Barmen, Nordrhein-Westfalen

Up for auction: a single commercial unit or garage inside the building

Auction in 11 days

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

Appraised value

€7,500

Auction date

5 October 2026

11:00

5 more photos

Enforcement by a creditor

Appraised value

€7,500

Bidding thresholds

50%70%

3,7505,250

Minimum bid: below €3,750 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €5,250 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

5 October 2026 · 11:00

Local court

Wuppertal in Nordrhein-Westfalen

Auction venue

Amtsgericht Wuppertal, Hauptgebäude, Eiland 2, 42103 Wuppertal, Etage 2, Sitzungssaal A234

Case number

0400 K 0076/2025

Next steps

Bid deposit

Monday, 28 September 2026

€750 (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 11 days

Monday, 5 October 2026

11:00
Amtsgericht Wuppertal 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%€325

Court fee for the award (§ 54 GKG)approx. 0.5%€25

Land register entryapprox. 0.3%€15

Total closing costs€365(7.3%)

Total investment

€5,365

€5,000 purchase price + €365 closing costs

Bid deposit€750

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. €254 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Garage

Occupancy

Let

Town

42283 Barmen

Property description

Single garage in a row garage complex in a garage yard in the Wuppertal district of Barmen. The valuation property is a unit of part-ownership (Teileigentum) with sole ownership of the garage (No. 73) combined with a co-ownership share of 23/10,000 in a 3,399 m² property with seven multi-family houses (52 flats) and a total of 28 garage spaces.

The garage is part of the owners' association (Wohnungseigentümergemeinschaft) and is managed for letting. The market-standard rent is 60.00 euros per month. The annual gross income is approximately 700 euros. The property is in the immediate vicinity of the busy federal road B 7 (Straße Höfen).

The row garage complex presents itself in satisfactory structural condition. The garage has a flat roof and an up-and-over door made of sheet steel with discolouration in the lower area. An internal inspection was not possible at the site visit. The remaining useful life is estimated at 20 years.

Klaava Pro

What Pro adds for this property

1 finding from the appraisal
Valuation: Income approach, Property yield rate
2 entries in section II, meaning encumbrances and restrictions
Timeline of modernisation work, with years
More key facts: Plot share, Remaining useful life and 3 more
5 more photos of this property

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Official property description

The court’s wording

Garage in einem Garagenhof

English translation

Garage in a garage yard

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.