Underground car park space

Michaelstraße 37, 09116 Chemnitz, Sachsen

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

Auction in 35 days

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

Appraised value

€10,500

Auction date

29 October 2026

11:00

3 more photos

Enforcement by a creditor

Appraised value

€10,500

Bidding thresholds

50%70%

5,2507,350

Minimum bid: below €5,250 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €7,350 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

29 October 2026 · 11:00

Local court

Chemnitz in Sachsen

Auction venue

Saal 2.018, Amtsgericht Chemnitz, Gerichtstraße 2, 09112 Chemnitz

Case number

0024 K 0098/2025

Next steps

Bid deposit

Thursday, 22 October 2026

€1,050 (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

Thursday, 29 October 2026

11:00
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%€385

Court fee for the award (§ 54 GKG)approx. 0.5%€35

Land register entryapprox. 0.3%€21

Total closing costs€441(6.3%)

Total investment

€7,441

€7,000 purchase price + €441 closing costs

Bid deposit€1,050

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. €355 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Kfz-Stellplatz (Tiefgarage)

Year built

2001

Occupancy

Let

Town

09116 Chemnitz

Property description

Underground car park space no. 30 in a residential complex with two apartment buildings and an underground car park erected in 2001 in Chemnitz-Altendorf, about 2.5 km west of the city centre. The residential complex comprises a total of 12 flats and 19 underground car park spaces on one level.

The space is located in the middle section of the underground car park opposite the central entrance and can primarily be used as part of a flat, but is also available for renting by surrounding flats. The space is currently let.

The building with underground car park is in good, well-maintained structural condition with no discernible value-relevant defects. The fitting standard is described as medium to upscale, and a maintenance reserve (Instandhaltungsrücklage) has been formed.

Klaava Pro

What Pro adds for this property

1 building element with its own condition rating
Land register: Sheet, Cadastral district
Energy: Final energy consumption
More key facts: Plot share and 5 more
3 more photos of this property

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Official property description

The court’s wording

Tiefgaragenstellplatz in einer Wohnanlage, bestehend aus 2 Mehrfamilienhäusern und Tiefgarage (insgesamt 12 Wohnungen, 19 TG-Stellplätze); Baujahr 2001; normaler Zustand und nutzbar; Stellplätze unterliegen meist Eigennutzungen im Zusammenhang mit den im Objekt gelegenen Wohnungen, ggf. auch für die Anmietung aus umliegenden Wohnobjekten verwendbar; Stellplatz bei Begutachtung vermietet (monatliche Miete: 60,00 EUR)

English translation

Underground car park space in a residential complex, consisting of 2 apartment buildings and an underground car park (a total of 12 flats, 19 underground car park spaces); year of construction 2001; normal condition and usable; spaces are mostly subject to private use in connection with the flats located in the property, and may also be used for renting from surrounding residential properties; space let at the time of inspection (monthly rent: EUR 60.00)

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

Building condition

Good

The building with underground car park is in good, well-maintained structural condition.

Construction

Tiefgarage in Stahlbetonkonstruktion mit Umfassungswände, Stützen und Decken aus Stahlbeton, Betonpflasterfußboden. Flachdach aus Stahlbetonkonstruktion mit Abdichtung und intensiver Dachbegrünung.

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