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Building in the centre of Ilmenau

Lot:
A1-22187-1
Auction:
Building in the center of Ilmenau - Germany
Ilmenau, DE

Current bid
Status

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About this lot

Ilmenau is a city steeped in history and about 26,000 inhabitants. Located on the edge of the Thuringian Forest, the town offers a perfect blend of urban amenities and natural beauty. The centre of Ilmenau, where the property is located, is bustling with activity with various shops, restaurants, and cultural attractions. The city has excellent infrastructure, including schools, medical facilities, and public transportation, making it an attractive place for families and business owners alike. The property has a large and deep garden, including a lean-to. The property is located on a total plot of 296 m2, with a usable area of 150 m2. 296 square meters Usable area 150
Auction:
Building in the center of Ilmenau - Germany
Lot number:
A1-22187-1
Location:
Ilmenau, DE

Lot specifications

Quantity
1
Margin
Yes
Address
Hauptstraße 52
City
98704 Ilmenau
Attention please!
• This is an auction by auction only. There will be no turn-off; • During the auction, we may contact active bidders by telephone or in writing to check bids. We do this to protect bidders and the bidding process. It is therefore important that you, as a bidder, can be reached during the auction. • After the client has been awarded, a deposit note of 30% of the purchase price must be paid within 48 hours, + auction costs must be paid; • After receiving the deposit, the purchase agreement is drawn up and signed at a notary in Berlin, Germany; • The purchase contract must be signed within 2 months of receipt; • Payment of the other costs must be made after signing the purchase agreement; • Please note: a bid placed is unconditional and irrevocable; • 21% VAT will be charged on the auction costs; • This sale comes with an 'as is, where is' clause. The object is delivered with the furniture and items that are still present on site. • The item is sold through an auflassungsvormerkung. • If the buyer does not sign 2 months after receiving the purchase contract, the deposit can be withheld and the object will be auctioned again, the lesser proceeds must be compensated by the previous highest bidder. • If the notarial date cannot be fulfilled by the buyer, the contract must be signed by means of an apostille. • Property in need of renovation and partly collapsed. • The current inventory must be automatically taken over by the highest bidder • It is possible that after the auction closes, an e-mail will be sent with the message that the lot has not been allocated. Unfortunately, this is a bug in our system, which we are working on. The message should be considered as not sent. • The terms and conditions of use and the legal relationships that arise in connection with the auction are governed by Dutch law; • Troostwijk Auctions Real Estate • Overschiestraat 59 • 1062 XD Amsterdam • realestate@troostwijkauctions.com • Tel. +31(0)33 - 808 02 62

Frequently asked questions

How do I place a bid?

You can easily participate in the auction through the website. Log in as usual and navigate to the lot of your choice. On the right side of the screen, you will find 'Bid' and 'Auto Bid.' Click on 'How does this work' for more information about automatic bidding.

Click on 'Bid' to see the total amount of your bid, including the buyer's premium and VAT. After accepting the general terms and user conditions by checking the box, click 'Confirm' to place the bid.

What is reserve price?

A reserve price is the (non-visible!) minimum amount that a seller has set for a lot and is the lowest price for which the seller is willing to sell. The highest bidder who meets or exceeds this price wins.

If this price is not met, you can still have a chance to win. The closer your bid is to the reserve price, the greater your chance of winning this lot.

The lot is awarded to the highest bidder whose bid is equal to - or higher than - the reserve price at the end of the auction. If the highest bid has met the reserve price or more, the lot is sold immediately for this price.

What costs are added to my bid?

In addition to your bid, additional costs are incurred in the form of a buyer's premium percentage and VAT. These percentages vary depending on the country. VAT is applied to both your bid and the buyer's premium. Before confirming your bid, you will always receive an overview detailing all relevant amounts associated with your bid, including the final total. This way, you are fully informed about the total amount of your bid.

What is an auto bid versus a manual bid?

An auto bid is a way for you to automatically participate in a bidding process. You enter an amount you are willing to pay for an item and then automatic bids are placed for you up to your maximum bid - but only if necessary. Your maximum bid is hidden from other bidders during the auction. Placed auto bids are indicated by an "A" after the placed bid in the bid history. You need to update a manual bid every time someone outbids you. Keep in mind that an auto bid in the same level as a later manual bid will always lead the auction - because it was placed first.

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