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Attractive vacation apartment with underground parking for €197,000? (Market value: €394,000); Completion date: October 14, 2026.
An der Waterkant 4, 18211 Börgerende (Börgerende-Rethwisch) – Mecklenburg-VorpommernAUCTION – POTENTIAL BIDDING STARTING FROM €197,000
An attractive holiday apartment, including a parking space in an underground garage, is being offered for sale as part of a court-ordered partition auction. Court-determined market value: €394,000.
5/10 valuation threshold: €197,000.
Auction date:
Wednesday, October 14, 2026, at 11:00 AM
District Court of Rostock, Zochstraße 13, 18057 Rostock
Case number: 69 K 63/25
The property is being offered exclusively as part of the court auction process. A private sale is not possible. Important: The stated €197,000 does not represent a purchase price or a minimum bid. It corresponds to the legal 5/10 valuation threshold of the determined market value. The actual winning bid will be determined solely during the auction date through the court's bidding process. For interested bidders:
The court's market valuation report and complete information about the process can be viewed at the relevant district court or via the ZVG portal (zvg.com). No contact with the owner is required. Please refrain from inquiries regarding a private sale, purchase offers, or price negotiations. Bids can only be submitted during the court auction date.
Are you interested in this apartment?
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Object Number
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OM-489283
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Object Class
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Apartment
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Object Type
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Apartment
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Is occupied
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Occupied
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Handover from
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Immediately
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Purchase price & additional costs
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purchase price
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197.000 €
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Purchase additional costs
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approx. 14,860 €
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Total costs
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approx. 211,859 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
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Estimated monthly rate: 810€
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Details
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Condition
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As good as new
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Number of floors
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3
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Level
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2nd floor
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Number of underground garages
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1
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Flooring
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Tiles, Vinyl / PVC
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Year of construction
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2012
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Equipment
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Balcony, Elevator, Full bath, Shower bath, Fitted kitchen
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Information on equipment
+ Spacious balcony facing northwest.
+ Modern, stylish vinyl flooring throughout the living areas.
+ Two fully equipped, elegant bathrooms.
+ Generous living area with an open-plan, contemporary fitted kitchen.
+ Two attractive bedrooms.
+ Fully furnished holiday apartment.
+ Storage room.
+ Roller blinds on the insulated double-glazed windows.
+ Elevator.
+ Underground parking.
Location
Prime location on the Baltic Sea: The apartment is located in the popular holiday complex "An der Waterkant" in Börgerende, just one street back from the Baltic Sea, with partial sea views. The beach is just a few minutes' walk away. The combination of proximity to the Baltic Sea, a quiet location, and easy access to Warnemünde, Heiligendamm, and Kühlungsborn makes this location particularly attractive.
Location Check
Miscellaneous
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