Properties below market value — without buying blind.
ZVG Melder finds every auction published by German local courts, reads the official appraisals with AI and shows you risks, costs and yield for every property — before you bid.
Condominium · Aachen
Summary
Das 44-qm-Eigentumswohnung ist eine Standard-Wohneinheit in einem gepflegten, 1972 erbauten 4-geschossigen Mehrfamilienhaus in Aachen-Forst. Das umfassende Verkehrswertgutachten schätzt den Wert auf 99.000 € mittels Ertragswertverfahren und validiert es durch Vergleichsmarktwerte. Das Gebäude weist normalen Verschleiß und leichte Feuchtigkeitsspuren in Keller- und Eingangsbereichen auf, die typisch für Gebäude dieses Baujahrs sind. Die Wohnung ist derzeit von den Eigentümern bewohnt und baulich mit der Nachbarwohnung zusammengefasst, obwohl die Teilungserklärung formal nicht aktualisiert wurde. Die Erhaltungsrücklage von ca. 3.100 € für diese Wohneinheit deutet auf solide Verwaltung hin.
Spot the risks before you bid — not after.
In a foreclosure auction the case file decides: appraisal, official notice, land register. ZVG Melder reads the appraisal and official notice for you — including the land-register details the appraiser evaluates there — and turns them into a clear picture within minutes: from risk class to total budget.
Every risk in black and white
Residential rights, renovation backlog, special assessments: clearly named, sorted by severity — and backed by a verbatim quote from the appraisal.
Minutes instead of hours
The AI reads every appraisal in full — usually 30–60 pages — and delivers the summary, key figures and risk class. You decide in minutes whether a property is worth a closer look.
Calculate instead of guessing
Set a bid and see the total budget: transfer tax, court fees and costs from the appraisal — up to a full yield calculation for investors.
Never too late again
Date postponed or cancelled? New match in your search area? You find out instantly by email — not in the courtroom.
We read the appraisal. Completely. Every night.
Over 60 data points per property — from gross yield to mould findings. Every statement sourced from the original appraisal. Here are real analyses from the current inventory:
This is what every Premium analysis looks like — for every property.*
* Where an official valuation report is available. Some properties are published only as an official announcement without an appraisal — no AI analysis is possible for them. AI-generated assessment — not investment or legal advice. The original appraisal remains authoritative.
How it works
Search
Filter 14 federal states by location, price, property type and year built — or directly on the map of Germany. With Premium also by AI risk class and condition.
Review
Open a property: risk class with reasoning, opportunities and risks with original quotes, plus the guided due-diligence plan. The AI answers open questions straight from the documents.
Calculate
Set your bid and instantly see incidental costs, the security deposit and your total budget — investors run yield and cash flow right away.
Bid
Save your search and get an instant email on new matches, postponements and cancellations.
Search for free. Review with Premium. Invest with Professional.
The directory stays free for good. Premium unlocks everything that turns official documents into an informed decision — analysis, due-diligence plan, calculation, documents and instant alerts. Professional adds the toolkit for investors and pros.
AI risk analysis with evidence
Every property graded 1–6 from the appraisal. Premium shows the reasoning: every risk factor with severity and a verbatim quote as evidence. Plus risk filters — exclude leasehold, residential rights or contaminated sites up front.
Guided due-diligence plan
Your property review as a prioritised checklist: tick items off, keep notes, track your progress — with the source passage in the appraisal for every item. On click, the AI answers open review questions straight from the documents.
Chat with the documents
Put your questions to the appraisals and documents — on condition, rights, encumbrances or the viewing. The AI answers with original quotes from the official documents. 20 questions per day included.
Calculation with appraisal costs
Renovation costs, special assessments or condo-fee arrears flow from the appraisal straight into your calculation — plus up to 30 custom positions and your total budget for every property.
All documents & photos
Appraisals and exposés as PDF downloads, plus all property photos from the appraisals — cover photos AI-enhanced and pin-sharp in 2048 px.
Instant alerts
Run several saved searches at once — new matches land in your inbox immediately, not the next day. Plus a cancellation warning: an instant email when a date is postponed or cancelled.
Investor search
The whole market as one data grid: the key AI metrics from the appraisals — filter, group and sort by market value, property type, AI risk class and rental situation. Fields with thin coverage are hidden automatically.
Profitability calculation
Yield, cash flow and debt service per property — prefilled from the appraisal, with your own rent and financing scenario. The key figures appear right on your watchlist cards.
5× AI assistant
Five times as many questions to the document chat: up to 100 instead of 20 per day — for intensive research.
Unlimited saved searches & watches
No cap instead of 5 saved searches and 25 watches — cover the entire market.
Export & object dossier
Search results and watchlist as CSV/Excel — plus the ready-made object dossier as PDF for your bank and financing, with selectable sections and presets.
Why not just use zvg-portal.de?
You can. The data is the same — official and public. The difference is your time.
Seriously vetting 10 properties — typically 30–60 appraisal pages each. Conservatively: around 1 hr of reading and checking per appraisal, plus searching and date tracking.
Searching zvg-portal.de yourself
With ZVG Melder Premium
Hours per property become minutes.
Our directory is free as well — Premium is for everything that costs time.
The market in numbers
*Average per a University of Regensburg study — varies strongly by region, no guarantee in individual cases. Market figures: Argetra annual report 2025
One overlooked risk costs more than 10 years of Professional.
That's what a single overlooked detail in the appraisal can cost — a right of residence, a special assessment, hidden deferred maintenance.
That's what 10 years of Professional cost — €49.99/month, our most comprehensive plan.
Risks like these are often buried in the appraisal and easily missed. We read every available appraisal with AI and surface them within minutes — so you know what you're buying.
The right plan for your search
The auction directory is and stays free. Premium reads the appraisals for you: AI risk analysis with reasoning, rights & encumbrances and valuation analysis for every object — plus automatic alerts. Professional adds the investor search across the key appraisal metrics, the per-property profitability calculation, unlimited saved searches, CSV/Excel export and the object dossier as PDF.
€0/ month
Use the directory for free — with 1 saved search and 1 watch for up to 5 courts
€19.99/ month
For active search: Premium analysis, up to 5 saved searches and up to 25 watches
€49.99/ month
For investors & pros: investor search, profitability calculation, unlimited saved searches and export
Everything in Premium, plus:
All prices include statutory VAT. By subscribing you accept our Terms and Conditions.
Frequently asked questions
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