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Two condominium apartments on the ground floor

Altstadtring 143, 44575 Castrop-Rauxel, Nordrhein-Westfalen

Auction in 68 days

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

Appraised value

€112,000

Auction date

1 December 2026

10:00

Enforcement by a creditor

Appraised value

112,000

Bidding thresholds
50%70%
56,00078,400

Minimum bid: below €56,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €78,400 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

1 December 2026 · 10:00

Auction venue

Amtsgericht Castrop-Rauxel, Hauptgebäude, Bahnhofstr. 61-63, 44575 Castrop-Rauxel, Etage 1, Sitzungssaal I.

Case number

0027 K 0012/2023

Next steps

Bid deposit

Tuesday, 24 November 2026

  • €11,200 (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, 1 December 2026

  • 10:00
  • Amtsgericht Castrop-Rauxel in Nordrhein-Westfalen
Payment of the purchase price

approx. January 2027

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%€5,070
Court fee for the award (§ 54 GKG)approx. 0.5%€390
Land register entryapprox. 0.3%€234
Total closing costs€5,694(7.3%)

Total investment

€83,694

€78,000 purchase price + €5,694 closing costs

Bid deposit€11,200

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. €3,955 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

61 m² unnd 52 m² große Wohnung

Living area

113 m²

Price per m²

€991

Plot size

26.62 m²

Year built

1905

Occupancy

Let

Town

44575 Castrop-Rauxel

Klaava Pro

What Pro adds for this property

  • 1 finding from the appraisal
  • Valuation: Cost approach, Income approach, Property yield rate
  • 1 entry in section II, meaning encumbrances and restrictions
  • 3 more key facts
  • 3 more photos of this property
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Official property description

The court’s wording

Laut Verkehrswertgutachten handelt es sich um eine 61 m² große Wohnung, gelegen im Ergeschoss links eines 3-geschossigen Mehrfamilienhauses bestehend aus Wohnzimmer, Schlafzimmer, Küche, Flur und Bad sowie einem Keller.

Und:

Laut Wertgutachten handelt es sich um eine 52 m² große Wohnung, gelegen im Erdgeschoss eines 3-geschossigen Mehrfamilienhauses, bestehend aus Wohnzimmer, Schlafzimmer, Küche, Diele, Bad und Abstellraum

Altstadtring 143, 44575 Castrop-Rauxel

English translation

According to the market value report, this is a 61 m² apartment, located on the ground floor left of a 3-storey apartment building, comprising living room, bedroom, kitchen, hallway and bathroom, plus a basement room.

And:

According to the valuation report, this is a 52 m² apartment, located on the ground floor of a 3-storey apartment building, comprising living room, bedroom, kitchen, hall, bathroom and storage room

Altstadtring 143, 44575 Castrop-Rauxel

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

Average

Normal wear. Individual components need work.

Construction

Massivbauweise auf Streifenfundamenten, vollunterkellert. Satteldach mit Dachentwässerung über Dachrinnen und Fallrohre. Holzbalkendecken, Mauerwerk-Außen- und Innenwände. Kunststoff- und Holzfenster mit Isolierverglasung, teils mit Rollläden. Treppenanlage aus Holz.

Findings of the surveyor · 1 finding

  • Facade

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