Top Use of the site Search conditions for bookmark Virtual bidding Profile Login
!Notice for foreigner!
  1. All the properties posted to this website arereal estate sold based on the Japanese law, and the point of contact for it is the court.
  2. The court dose not involve in the availabilit, state, and hand over the property. Therefore, please keep in mind that it would be impossible the trading without the agent.
  3. If the propery's base bid price is low there is possibility that the bid target could be a part of sheres of coownership or there is amount of administrative expenses delinquent (the highest bidder should pay for it) . So that most of case that the highest bidder can not use the property even if he/she purchase it or the large coste may occur with additional. Therefore we do not support the auction the base bidding price is under 1,000,000yen.
  4. The estimated purchase price is approximate 15 to 20% off market price in urban area. In case of suburb or resort are, the purchase price could be at less than half the market price.
  5. Those who do not have a certificate of residence in Japan, it may take more than a month to prepare it.
  6. Those who do not have a bank account in Japan's financial institution can not basically participate in bidding. Or you can use the Agent's account by paying a extra fee.
  7. It is extremely difficult for foreigners to use loans. If you have a certificate of residence in Japan, you can use it, however please take responsibility at your own risk.

printout Property details

House: Tsubame, Niigata

Save your estimate winning bid and memo

Registered virtual bidding 0properties Input
base bid price ¥ 3,340,000
estimate winning bid ¥
my memo
Asset type
House
Yield
22.8%
Rank
ARank
To the bid due30 days left

Property image

*Image may not be accurate; please download and check Tri-set for property photos.

Property URL

*Copy for your inquiry

Base bid price 3,340,000yen You can bid above 2,672,000yen
To the bid due 30 days left Disclosed on Nov 9, 2018

Search similar properties

Pro Basic List of similar properties nearby and sold out List of similar props.

loading Loading...

Location

Location Tsubame, Niigata
Traffic access on report(japanese) JR越後線「分水」駅 北東方 直線距離 約600m 道路距離 約800m
バス停「分水学校町」(燕市循環バス)約700m
Reference(japanese) -
Map Tsubame, Niigata [Area map]

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 213.43m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 19.87m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 3
Building number 72-12
Registered type Residence Actual -
Registered structure WoodenZinc-coated steel sheetroofed2F building Actual -
Registered floor area 1F 51.34m2,2F 39.18m2 Actual -
Layout - Land right Ownership
Occupant debtor・owner Year/month built 1993/06

Numerical data

Cap rate 22.8% Area 91㎡
Gross yield 31.4% Base bid price 3,340,000yen
Lease demand 14 / 25pt Minimum bid price 2,672,000yen
Ratio of years passed
to depreciable years
113% Earnest money deposit 668,000yen
Year/ month built 1993/06(25 years old)

Court data

Case number 2018(M)10 Announced Nov 9, 2018
Court Niigata District Court (Sanjo) Start of viewing Nov 9, 2018
Sale type Sealed bid auction (1 times) Bid period Dec 7, 2018 ~ Dec 14, 2018
Farm land - Result Dec 19, 2018
Sale decision Dec 26, 2018 Special sale Dec 25, 2018 ~ Jan 7, 2019
Points to note

Property price for assets not on court auctions does not include miscellaneous purchase expenses of about 7.5%.

Thus buying the asset at 3340000yen in court auction is the same as buying the asset out of court auction at 3110000yen(excluding misc. expenses).

In foreclosed properties, expenses for purchasing differ from ordniary purchase. Generally, however, it takes about 30%, depending on location and asset, in intermediary margins. Court auction is the sole market in which general public can eliminiate this margin.

For the same money, one can acquire better quality in foreclosed properties: auction concierges of 981.jp provide useful assistance.

*Above figures are based on base bid prices. For actual total costs, see 「bid simulation」.

Bid simulation ※click hear

Estimate the total costs here

Simulate the total cost of acquisition

Bid 0000yen Support service 0000yen
Registration tax 0000yen Liabilities 0000yen
Eviction etc. 0000yen Renovations 0000yen
Others 0000yen
Input the desired price, calculate the acquisition cost
↓
Total cost of acquisition 0000yen

Simulate return from the asset

Rental income 0000yen Upkeep costs 0000yen
Calculte estimated return from the total cost
↓
Projected yield %
To the page top ▲