800-year-old castle sold for one euro in Germany
A medieval Schnaditz Castle, approximately 800 years old, is being offered for sale in the German town of Bad Düben. The property is available for a symbolic one euro, though the deal may involve additional expenses, reports Bild.
The castle covers an area of approximately 1,012 square meters. The building still features a knights' hall and two towers. However, the historic structure requires extensive restoration, with an estimated cost of around €20 million.
After nationalization in 1945, the castle housed a post office, a kindergarten, and administrative offices. In 2014, it was purchased by investors from the United States who planned to open a hotel and restaurant complex. However, due to a lack of funds, the project was abandoned in 2018, and the castle reverted to municipal ownership.
Local authorities hope to find a new owner who can restore the historic building while complying with heritage preservation requirements.
