East German village sells at auction for €140,000

Edited by walterp on . Posted in Main

The small village of Alwine in the eastern German state of Brandenburg was sold on Saturday at an auction house in Berlin for €140,000 ($165,000).

The Karhausen auction house had set the minimum bid for the 16,000-square meter village two hours drive south of Berlin at €125,000.

“Many interested parties inquired with us, including from abroad,” said Matthias Knake, a Karhausen spokesperson. The anonymous winner was the auction’s sole bidder.

Alwine’s road and nine partially dilapidated residential buildings, home to around 15 people, were part of the sale.

The village of Alwine in Brandenburg, Germany (picture-alliance/dpa/P. Pleul) Many young people left the village after German reunification

Relic of the DDR

The property of Alwine was owned by Europe’s oldest fuel briquette factory when Brandenburg was part of communist East Germany. Around 50 people lived in the village, which is in the middle of a forest near to the town of Übigau-Wahrenbrück.

But the factory closed after German reunification in 1990. Many Alwine residents, most of them young people, began to leave the village in the following years. Two brothers bought the land in 2001 for a symbolic price of one Deutschmark, Germany’s former currency.

Yet they were unable to save Alwine, which has no shop and no public transport connections, from decay and was put up for sale after one of the brothers died.

 

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