Partial ownership shop unit

Burgbongert 25, 41199 Odenkirchen, Nordrhein-Westfalen

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

Auction in 5 days

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

Appraised value

€118,000

Auction date

29 September 2026

09:00

Satellite view of the location, no photo of the property available

Enforcement by a creditor

Appraised value

€118,000

Bidding thresholds

50%70%

59,00082,600

Minimum bid: below €59,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €82,600 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

29 September 2026 · 09:00

Local court

Mönchengladbach-Rheydt in Nordrhein-Westfalen

Auction venue

Amtsgericht Mönchengladbach-Rheydt, Hauptgebäude, Brucknerallee 115, 41236 Mönchengladbach-Rheydt, Etage 2, Sitzungssaal 202

Case number

0502 K 0017/2025

Next steps

Bid deposit

Tuesday, 22 September 2026

€11,800 (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

Auctionin 5 days

Tuesday, 29 September 2026

09:00
Amtsgericht Mönchengladbach-Rheydt 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%€5,395

Court fee for the award (§ 54 GKG)approx. 0.5%€415

Land register entryapprox. 0.3%€249

Total closing costs€6,059(7.3%)

Total investment

€89,059

€83,000 purchase price + €6,059 closing costs

Bid deposit€11,800

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. €4,208 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Ladenlokal im Teileigentum in einer gemischt genutzten Bebauung

Year built

1966

Occupancy

Owner-occupied

Town

41199 Odenkirchen

Property description

Shop unit on the ground floor of a mixed-use residential and commercial building in Mönchengladbach-Odenkirchen, situated directly in front of a bus stop. The building was erected around 1966 in conventional solid construction with flat roofs and comprises a total of 48 residential units and 3 commercial units distributed across eight full storeys and a shop wing.

Partial ownership unit no. 49 consists of a shop room with office room, staff room and WC with a usable area of 251 m². The property is currently vacant, which is a risk factor in the commercial income value calculation. The co-ownership share is 2,178/100,000 with monthly service charges of 793 euros including heating costs.

As internal inspection was not possible, a general refurbishment requirement for the fit-out is assumed as a flat-rate safety deduction. The energy efficiency still largely corresponds to the period of construction (single-glazed windows, lack of external wall insulation).

Klaava Pro

What Pro adds for this property

2 findings from the appraisal
Valuation: Income approach, Property yield rate
1 entry in section II, meaning encumbrances and restrictions
Energy: Heating type, Energy source
More key facts: Remaining useful life and 5 more

Unlock freeThen try Pro free for 7 days.

Official property description

The court’s wording

Laut Wertgutachten ist das zu bewertende Teileigentum Bestandteil einer ein- und achtgeschossigen Wohn- und Geschäftsbebauung mit Tiefgarage, bestehend aus 48 Wohneinheiten und 3 Gewerbeeinheiten, die ca. 1966 in konventioneller Massivbauweise mit Flachdächern errichtet wurde. Das hier zu bewertende Teileigentum befindet sich in dem eingeschossigen Ladentrakt neben dem Wohngebäude. Im Übrigen wird zur näheren Beschreibung auf das im Internet eingestellte und auf der Geschäftsstelle einsehbare Wertgutachten Bezug genommen.

Aufgrund der Nichtbegehungsmöglichkeit handelt es sich um ein Risikoobjekt.

English translation

According to the valuation report, the partial ownership to be valued is part of a one- and eight-storey residential and commercial building with underground car park, comprising 48 residential units and 3 commercial units, erected around 1966 in conventional solid construction with flat roofs. The partial ownership to be valued here is located in the single-storey shop wing next to the residential building. For further description, reference is made to the valuation report available online and viewable at the registry office.

Due to the impossibility of inspection, this is a risk property.

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.