Historic German Castle Offered for One Euro

In depth

German authorities are offering for sale Schnadiz Castle in the east of the country, about 800 years old, at a symbolic price of one euro. The castle covers an area of more than 1,000 square meters, includes a knights' hall, two towers and a moat, and has been standing abandoned for years.

The authorities are looking for a buyer who will save the historic structure. Renovation is expected to cost about 20 million euros, and it will be carried out under the supervision of preservation authorities. The symbolic price does not include the cost of renovation.

The deal is offered to anyone interested in buying a historic castle in Germany. The castle is located in a small town in Saxony, and the sale is taking place as a public offering by the authorities.