printout House: Nara, Nara

Asset type
House
Yield
28.0%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 3,770,000yen You could bid above 3,016,000yen
Bid period ended

Location

Location Nara, Nara
Traffic access on report(japanese) 近鉄奈良線「大和西大寺」駅 南西方 約1.8km(道路距離)
Reference(japanese) 近鉄橿原線 尼ヶ辻駅 北西方 1.40km 近鉄京都線 大和西大寺駅 南西方 1.40km 近鉄奈良線 菖蒲池駅 南東方 1.45km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 65.20m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 40% Floor area ratio 60%
Type Land Share sale Property number 2
Registered category Residential land Actual category Public road
Registered area 13.89m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 40% Floor area ratio 60%
Share Half
Type Land Property number 3
Registered category Residential land Actual category -
Registered area 39.30m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 40% Floor area ratio 60%
Type Land Property number 4
Registered category Residential land Actual category -
Registered area 65.10m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 40% Floor area ratio 60%
Type Building Property number 5
Building number 704-1
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 32.87m2,2F 68.20m2 Actual 1F ca.43.57m2,2F 68.20m2
Layout 7DK Land right Ownership
Occupant debtor・owner Year/month built 1970/12

Numerical data

Cap rate 28.0% Area 111㎡
Gross yield 38.5% Base bid price 3,770,000yen
Lease demand 14 / 25pt Minimum bid price 3,016,000yen
Ratio of years passed
to depreciable years
240% Earnest money deposit 760,000yen

Court data

Case number 2023(M)35 Announced 2024/04/08
Court Nara District Court (Main) Start of viewing 2024/04/08
Sale type Sealed bid auction (1 times) Bid period 2024/05/02 ~ 2024/05/10
Farm land - Result 2024/05/17
Sale decision 2024/06/07 Special sale 2024/05/21 ~ 2024/05/21

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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 3770000yen in court auction is the same as buying the asset out of court auction at 3510000yen(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」.

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