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Apartment building with double garage

Hauptstraße 138, 09221 Neukirchen, Sachsen

Auction in 26 days

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

Appraised value

€246,000

Auction date

20 October 2026

10:00

Enforcement by a creditor

Appraised value

246,000

Bidding thresholds
50%70%
123,000172,200

Minimum bid: below €123,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €172,200 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

20 October 2026 · 10:00

Auction venue

Gerichtsstraße 2, 09112 Chemnitz / Raum: 3.007 Sitzungssaal

Case number

0023 K 0232/2022

Procedure

Foreclosure auction

Next steps

Bid deposit

Tuesday, 13 October 2026

  • €24,600 (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

Tuesday, 20 October 2026

  • 10:00
  • Amtsgericht Chemnitz in Sachsen
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 tax5.5%€9,460
Court fee for the award (§ 54 GKG)approx. 0.5%€860
Land register entryapprox. 0.3%€516
Total closing costs€10,836(6.3%)

Total investment

€182,836

€172,000 purchase price + €10,836 closing costs

Bid deposit€24,600

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. €8,720 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Mehrfamilienhaus

Living area

359.47 m²

Price per m²

€684

Plot size

580 m²

Year built

1905

Occupancy

Let

Town

09221 Neukirchen

Property description

Apartment building with five flats and double garage at Hauptstraße 138 in Neukirchen, built around 1905 and refurbished/modernised around 1997. The building has a ground floor and an upper floor, each with several flats, as well as a basement.

The flats on the ground floor and upper floor each comprise a living room, bedroom, kitchen, bathroom/WC and hallway. Of the five residential units, four are let, with current net cold rent totalling 16,872 euro per year.

The condition of the property is described as predominantly normal; however, the rear of the building has unrendered façade areas, and old wiring is still present in the stairwell.

Klaava Pro

What Pro adds for this property

  • 2 findings from the appraisal
  • Land register: Sheet, Cadastral district
  • 3 more key facts
  • 18 more photos of this property
Unlock freeThen try Pro free for 7 days.

Official property description

The court’s wording

Mehrfamilienhaus mit 5 Wohnungen, Bj. um 1905, Sanierung um 1997, unterkellert, Gesamtwohnfläche ca.359 m²; weiter vorhanden: Doppelgarage Bj. um 1991; z.Z. der Begutachtung 4 von 5 Wohnungen vermietet

English translation

Apartment building with 5 flats, built around 1905, refurbished around 1997, full basement, total living area approx. 359 m²; also present: double garage, built around 1991; at the time of the survey 4 of 5 flats were let

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 · 2 findings

  • Electrics
  • Facade

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