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Residential and commercial building with garden plot

Weyprechtstraße 57, 64732 Bad König, Hessen

Auction in 48 days

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

Appraised value

€420,000

Auction date

11 November 2026

09:00

Of which, per parcel

  • Parcel 12/7€270,000
  • Parcel 12/6€150,000

Amounts per parcel as stated in the appraisal. Whether the parts are auctioned separately or only together is set out in the official auction notice.

Partition auction

This procedure dissolves a joint ownership. Several co-owners hold the property together and bid against each other.

Dissolution of co-ownership

Appraised value

420,000

Of which, per parcel

  • Parcel 12/7€270,000
  • Parcel 12/6€150,000

Amounts per parcel as stated in the appraisal. Whether the parts are auctioned separately or only together is set out in the official auction notice.

Bidding thresholds
50%70%
210,000294,000

Minimum bid: below €210,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €294,000 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

11 November 2026 · 09:00

Auction venue

Amtsgericht Michelstadt, Erbacher Straße 47, Saal 128

Case number

0021 K 0036/2024

Procedure

Partition auction

Next steps

Bid deposit

Wednesday, 4 November 2026

  • €42,000 (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

Wednesday, 11 November 2026

  • 09:00
  • Amtsgericht Michelstadt in Hessen
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 tax6.0%€17,640
Court fee for the award (§ 54 GKG)approx. 0.5%€1,470
Land register entryapprox. 0.3%€882
Total closing costs€19,992(6.8%)

Total investment

€313,992

€294,000 purchase price + €19,992 closing costs

Bid deposit€42,000

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. €14,906 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Wohn-/Geschäftshaus

Living area

350 m²

Price per m²

€1,200

Plot size

1,921 m²

Year built

1954

Occupancy

Let

Town

64732 Bad König

Property description

Residential and commercial building on the southern edge of Bad König in a good residential location, around one kilometre from the town centre and supplemented by a separate plot of 875 m² used as a garden. The property consists of an old building from 1954, a restaurant extension from 1969 and a residential extension, altogether with former gastronomy areas on the ground floor and basement as well as several flats on the upper floors and in the attic. The entire property currently stands vacant, and a large part of the space is still furnished or filled with objects.

The structural condition is inconsistent overall: while the residential areas on the upper floor and attic are mostly in good to satisfactory condition, the former gastronomy areas are in poor, almost derelict condition and are no longer taken into account as a source of income in the valuation. The flat on the upper floor of the old building is undergoing a core refurbishment, with further work of around 500 euros per square metre of living space still outstanding. For buyers interested in refurbishment, the good residential location combined with the additional garden plot offers development potential.

Klaava Pro

What Pro adds for this property

  • 10 findings from the appraisal, 2 of them rated severe
  • Valuation: Income approach, Property yield rate
  • 2 entries in section II, meaning encumbrances and restrictions
  • 8 units with floor area, actual rent and market rent
  • Timeline of modernisation work, with years
  • Energy: Heating type, Energy source
  • More key facts: Remaining useful life and 2 more
  • 15 more photos of this property
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Official property description

The court’s wording

Wohn-/Geschäftshaus

English translation

Residential/commercial building

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 · 10 findings

  • Interior fit-out (3)
  • Plumbing (2)
  • Facade (3)
  • Heating
  • Electrics

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