Foreclosure Auction in Schmalkalden

Westendstraße 4, 98574 Schmalkalden, Schmalkalden, Thuringia

+23% ROI

Bedrooms

-

Bathrooms

-

Size

-

Auction Date

Apr 16, 2026

Auction Price

50,000

Market Value

65,000

Auction Date

April 16, 2026

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Description

This residential/commercial building in Schmalkalden, Thuringia, is located at Westendstraße 4, 98574 Schmalkalden. The property is being offered as part of a foreclosure auction. The building offers a total area of XX m² and includes XX rooms. It is suitable for both residential and commercial use, providing numerous opportunities for individual design. Listed via Fixatia, Europe's auction property platform, this property presents a unique investment opportunity. The location in Schmalkalden is characterized by good connectivity to infrastructure as well as a quiet environment. Shopping facilities, schools, and public transport are available in close proximity. Take advantage of this opportunity to invest in a versatile property.

Property Details

Property Type
House

Location

Westendstraße 4, 98574 Schmalkalden, Thuringia, DE

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About This Location

Nestled in the heart of Schmalkalden, this property offers a vibrant community atmosphere with convenient access to essential amenities. Just a short walk away, you'll find the bus station and train station within 143 meters, making commuting a breeze.

Families will appreciate the proximity to several educational institutions, including Staatliche Regelschule and Volkshochschule, both within 300 meters. Healthcare needs are easily met with doctors and a pharmacy located just 61 meters away.

For shopping and dining, the City Center mall and various local eateries are within a 10-minute stroll. Enjoy the outdoors at nearby Westendpark and Stadtpark, both just a few minutes away.

This location combines convenience and comfort, making it an ideal choice for potential buyers.

Site Feasibility Report

Environmental, terrain, and flood risk assessment powered by EU geospatial data

Overall Risk Score: 18/100

Flood Risk
5
Environmental
5
Terrain
50

Elevation

Min: 286m292mMax: 369m
Slope0.4°
Above Lowest Point+6.0m
Terrain Ruggedness
0.71
Slope Direction
69°

Flood Risk

Flood Zone:No Flood Zone
Return Period
Flood Depth
Dist. to Water
Landslide RiskNone
Coastal Erosion
Estimated
Fallback (de)

Environmental

Natura 2000
National Park
Nature Reserve
Protection LevelNone
Planning RestrictionNone

Advantages

  • Not in a flood zone
  • Elevated terrain reduces flood risk
  • No environmental restrictions
  • Flat, buildable terrain
  • Good solar energy potential

Risk Factors

  • Rugged terrain surface
Data Sources:Copernicus DEM GLO-30 (via Open-Elevation)Elevation-based estimate (Copernicus DEM)EEA Natura 2000 + CDDAPVGIS 5.2 (CM-SAF SARAH-2 satellite data)Report generated 2026-04-08
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