4-room condominium flat in Hamburg

Garstedter Weg 62c, 22453 Hamburg

Auction in 18 days

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

Appraised value

€350,000

Auction date

24 November 2026

09:30

3 more photos

Enforcement by a creditor

Appraised value

€350,000

By comparison: 187% above the median appraised value of the 295 flats currently up for auction in Germany (€122,000).

Bidding thresholds

50%70%

175,000245,000

At the first hearing: below €175,000 the court refuses the award; below €245,000 a creditor can apply to have it refused.

Auction date

24 November 2026 · 09:30

Local court

Hamburg (Mitte)

Auction venue

Caffamacherreihe 20, 20355 Hamburg

Room: see the official auction notice

Case number

71 K 2-25

Next steps

Bid deposit

Tuesday, 17 November 2026

€35,000 (10% of the appraised market value)
By bank transfer (arriving before the auction) or as a cheque at the hearing (§ 69 ZVG)

Auction

Tuesday, 24 November 2026

09:30
Local court Hamburg (Mitte)

Payment of the purchase price

approx. January 2027

The court sets the deadline.

Documents

Valuation report

Official court records, free to download.

Auctia Pro reads them for you.

Read the official auction notice

The data comes from zvg.com, a private provider.

Closing costs

Bid amount

€

of the appraised market value

State

Hamburg · transfer tax 5.5%

Property transfer tax5.5%€13,475

Court fee for the award (§ 54 GKG)approx. 0.5%€1,225

Land register entryapprox. 0.3%€735

Total closing costs€15,435(6.3%)

Total investment

€260,435

€245,000 purchase price + €15,435 closing costs

Bid deposit€35,000

Not a cost: it counts towards your bid on award (§ 68 ZVG).

No estate agent, no notarised purchase contract. Saving against a normal purchase approx. €12,422 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

4-Zimmer-Wohnung

Living area

83.75 m²

Price per m²

€4,179

Year built

1953

Rooms

Occupancy

Owner-occupied

Town

22453 Hamburg

Property description

Condominium flat with four rooms on the ground floor of an apartment building in Hamburg-Osterholz. The flat is situated on the street and comprises a living room, bedroom, children's room and kitchen with a total living area of 83.75 m². The building was built in 1953 and is of typical brick construction with masonry construction.

The flat is owner-occupied and can be moved into immediately after the award. The condition of the building is normal to satisfactory, with individual components such as windows and building services in need of renewal. The heating system dates from the 1980s and the electrical installation is partly outdated. The cellar is affected by damp and requires damp-proofing.

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Official property description

The court’s wording

71 K 2-25: 4-Zimmer-Wohnung in Hamburg

English translation

71 K 2-25: 4-room flat in Hamburg

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. Auctia 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.