Multi-family house with garages
Schlesische Straße 8, 63654 Büdingen, Hessen
Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.
Appraised value
€434,000
Auction date
29 September 2026
09:30
Appraised value
€434,000
Minimum bid: below €217,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €303,800 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.
Auction date
29 September 2026 · 09:30
Local court
Auction venue
Amtsgericht Büdingen, Stiegelwiese 1, 63654 Büdingen, Raum: Saal 1
Case number
0007 K 0013/2024
Procedure
Foreclosure auction
Next steps
Tuesday, 22 September 2026
- €43,400 (10% of the appraised market value)
- Transfer deadline has passed
- You can still lodge the deposit at the hearing by bank guarantee or cheque (§ 69 ZVG)
- Cheque: issued on or after the third working day before the auction
Tuesday, 29 September 2026
- 09:30
- Amtsgericht Büdingen in Hessen
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.
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
State
Total investment
€324,672
€304,000 purchase price + €20,672 closing costs
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. €15,413 (~5.1%)
Estimates. They create no legal claim.
Key facts
Property type
Mehrfamilienhaus
Living area
324 m²
Price per m²
€1,340
Plot size
670 m²
Year built
1981
Occupancy
Let
Town
63654 Büdingen
Property description
Fully basemented multi-family residential house on a side street near the western outskirts of Büdingen, around a hundred metres from the B457, in a medium residential location. The building was presumably erected around 1981 and has a basement, ground floor, upper floor and attic storey as well as an attached garage and a separate garage.
The flats on the ground floor, upper floor and attic storey are let, while the flat in the basement has been vacant for around two to three years. As no actual tenancy agreements were available, the income value determination was carried out on the basis of market-standard achievable rents of 7.00 to 8.00 euros per square metre, resulting in an annual gross income of around 29,724 euros.
The condition of the building shows a noticeable maintenance backlog with unfinished paintwork, a defective terrace door in the basement and plaster damage to a garage. There is potential for buyers through the reactivation of the vacant basement flat.
Klaava Pro
What Pro adds for this property
- 6 findings from the appraisal
- Valuation: Income approach, Property yield rate
- 1 entry in section II, meaning encumbrances and restrictions
- 6 units with floor area, actual rent and market rent
- Energy: Final energy consumption, Heating type, Energy source
- More key facts: Remaining useful life and 2 more
- 2 more photos of this property
Official property description
The court’s wording
mit 2 Garagen, Baujahr ca. 1981, Ölheizung
English translation
with 2 garages, year of construction approx. 1981, oil heating
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
Satteldach mit Dachziegeln aus Beton. Kunststofffenster im Wohnbereich doppelt verglast, Kellerfenster einfach verglast mit Stahlgitter.
Findings of the surveyor · 6 findings
- Interior fit-out (3)
- Facade (2)
- Grounds
Read out of the market value report written by the court-appointed surveyor.
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