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Historic Siemens property goes on sale at auction

Siemens' Old Villa heading to compulsory auction process

Historical Siemens residence set for public bidding
Historical Siemens residence set for public bidding

Forced Auction of Historic Siemens Villa on the Horizon - Historic Siemens property goes on sale at auction

The Old Siemens Villa on the Potsdam Lehnitzsee, a notable monument, is set to be auctioned off on Thursday in a forced sale. The grand villa, which was later used as a lung sanatorium, boasts an estimated market value of around 27 million euros.

The villa, situated on a peninsula jutting into the picturesque Lehnitzsee, is considered an exceptionally large monument by Haiko Türk, head of Practical Monument Conservation at the State Office for Monument Conservation. The main house, built in 1910 by architect Otto March for the family of Carl Friedrich Siemens, spans over more than 100,000 square meters.

After reunification, the property was returned to the Siemens family, but it was later sold and has remained empty since then. The family allowed the use of a clinic and a school on the property after its return. The Soviet army used the Siemens Villa property as a lazaret after World War II, and from 1952 onwards, it was used as a lung sanatorium.

Despite the villa's rich history, no information can be provided about the background of the auction, according to a court spokesman. Forced auction procedures are not public until the date of the public auction. The auction will take place at the district court in Potsdam, but the court did not provide any further information due to the nature of forced auction procedures.

A renovation of the Siemens Villa was announced, but it did not come to fruition. The villa's location, its size, and its historical significance make it a valuable asset in the real estate market. The Old Siemens Villa, located in Potsdam, will undoubtedly attract interest from potential buyers looking for a unique and historic property.

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