Two condominium apartments on the ground floor

Altstadtring 143, 44575 Castrop-Rauxel, Nordrhein-Westfalen

Auction in 25 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

2 more photos

Enforcement by a creditor

Appraised value

€112,000

By comparison: 66% below the median appraised value of the 48 apartment buildings currently up for auction in North Rhine-Westphalia (€326,500).

Bidding thresholds

50%70%

56,00078,400

At the first hearing: below €56,000 the court refuses the award; below €78,400 a creditor can apply to have it refused.

Auction date

1 December 2026 · 10:00

Local court

Castrop-Rauxel in Nordrhein-Westfalen

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 (arriving before the auction) or as a cheque 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.

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

North Rhine-Westphalia · transfer tax 6.5%

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

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. €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

Auctia 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
2 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.

What the surveyor's report says

Building condition

Average

Normal wear. Individual components need work.

Construction

Massivbau, vollunterkellert, Satteldach. Mauerwerk-Wände, Holzbalkendecken. Kunststoff- und Holzfenster doppelt verglast, teils mit Rollläden.

Findings of the surveyor · 1 finding

Facade

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

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.