Forced auction: Dream property at the lake for bargain hunt!

Forced auction: Dream property at the lake for bargain hunt!

Seehausen, Deutschland - in Seehausen on Lake Staffelsee will be offered on Thursday, July 24th, 2025, a seaside group for a foreclosure. This third appointment is a sequel after two previous attempts in 2024, which were discontinued. The market value of the property amounts to 390,000 euros, and it comprises around 2000 square meters of area, located between Seehausen and the picturesque Rieden Castle. On the area there is a bathing house and a toilet house, but without official permits, which demands some considerations.

The property is undeveloped and is outdoors. The environment is mainly used for agriculture. The property can be reached via a graveled dirt road from the state road 2372, with the bus stop "Schloß" within walking distance. However, interested parties should note that the property has a gradient of about 15 meters to the lake, which could complicate the development. In addition, an expert opinion mentions a possible right of use for a jetty on a neighboring parcel, but there are no corresponding documents in the land register.

A look at forced auctions

But what is behind the forced auction? This form of real estate sales enables interested parties to make a bargain. As reported on Immobelwert-lindner.de , this is an enforcement procedure that is started if real estate owners get into financial hardship through circumstances such as unemployment, illness or separation. Creditors, mostly banks, submit an application for enforcement at the responsible court, which then forms the basis for the auction.

The announced information, including the value of the transport and minimum bid, are of great importance. An independent market value report is created that takes into account the location, size and condition of the property. It is interesting that the surcharge must not be granted when the first auction should be granted if less than 50% of the market value is offered. If there is no interest, a new auction date could be necessary, which is not entirely excluded from the lake base in Seehausen, as the judge already informed.

The expectations for Tuesday

The question of whether there is interest in the property at the third auction date is still open. The previous history and the unclear contractual conditions could have some potential buyers hesitated. So there is something in the air. In the event of a new attitude, a new application for a foreclosure would be necessary, which could lead to the entire process. A look at the forced auctions in general shows that a new appointment will be found quickly even if the auction is unsuccessful.

The sea grade could continue to remain an exciting object for investors and nature lovers - perhaps with a good hand, one or the other could make an extremely cheap acquisition. If you are interested in the property, you should find out in good time to give up an appropriate bid in the bidding period.