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Wohn-/Geschäftshaus in Altenburg

Gabelentzstraße 1, 04600 Altenburg, Thüringen

Auction in 26 days

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

Appraised value

€25,000

Auction date

2 December 2026

10:00

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

Appraised value

€25,000

By comparison: 91% below the median appraised value of the 133 apartment buildings currently up for auction in Germany (€282,000).

Bidding thresholds
50%70%
12,50017,500

At the first hearing: below €12,500 the court refuses the award; below €17,500 a creditor can apply to have it refused.

Auction date

2 December 2026 · 10:00

Auction venue

Nebengebäude, Burgstraße 11, 04600 Altenburg / Raum: NG 105 Sitzungssaal 1. OG

Case number

K 0023/2025

Procedure

Foreclosure auction

Next steps

Bid deposit

Wednesday, 25 November 2026

  • €2,500 (10% of the appraised market value)
  • By bank transfer (arriving before the auction) or as a cheque at the hearing (§ 69 ZVG)
Auction

Wednesday, 2 December 2026

  • 10:00
  • Amtsgericht Altenburg in Thüringen
Payment of the purchase price

approx. January 2027

The court sets the deadline.

Documents

Official court records, free to download.

Auctia Pro reads them for you.

Read the official auction notice

Via Auctia, because the portal blocks direct links.

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

Thuringia · transfer tax 6.5%

Property transfer tax6.5%€1,170
Court fee for the award (§ 54 GKG)approx. 0.5%€90
Land register entryapprox. 0.3%€54
Total closing costs€1,314(7.3%)

Total investment

€19,314

€18,000 purchase price + €1,314 closing costs

Bid deposit€2,500

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. €913 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Wohn-/Geschäftshaus

Town

04600 Altenburg

Official property description

The court’s wording

nicht mehr nutzbar, Gebäudeteile teilweise eingestürzt, Einsturzgefahr, Hofbefestigungen, Wildwuchs von Bäumen

English translation

no longer usable, parts of the building partially collapsed, risk of collapse, courtyard paving, wild growth of trees

Wording of the local court, taken from the official auction notice.

Analysis of the valuation report

No valuation report exists for this property. Condition, defects, land register and valuation therefore cannot be analysed.

Only the official auction notice and the auction date at the local court are authoritative.

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.