printout Mansion: Minami, Sakai, Osaka

Asset type
Apartment
Yield
22.1%
Rank
★★☆☆☆
To the bid due2 days left

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Property URL

Base bid price 1,720,000yen You can bid above 1,376,000yen
To the bid due 2 days left

Location

Location Minami, Sakai, Osaka
Name of building 第3ューポラス same apartment.
Traffic access on report(japanese) 泉北高速鉄道「泉ケ丘」駅 東方 道路距離 約1150m
Reference(japanese) -

Property data

Type Apartment building Property number 1
Building number 高倉台二丁25-2-37
Registered type Residence Actual -
Registered structure steel structured1 story building Actual -
Registered area 5F part 45.04m2 Actual -
Layout 2LDK Balcony unknown
Service fee etc. 13,500 Land right Ownership
Occupant debtor・owner Year/month built 1976/09
Floor 5F Total units 52

Numerical data

Cap rate 22.1% Area 45㎡
Gross yield 30.4% Base bid price 1,720,000yen
Lease demand 12 / 25pt Minimum bid price 1,376,000yen
Ratio of years passed
to depreciable years
188% Earnest money deposit 350,000yen

Court data

Case number 2023(O)78 Announced 2024/04/19
Court Osaka District Court (Sakai) Start of viewing 2024/04/19
Sale type Sealed bid auction (1 times) Bid period 2024/05/08 ~ 2024/05/16
Farm land - Result 2024/05/23
Sale decision 2024/06/06 Special sale -
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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 1720000yen in court auction is the same as buying the asset out of court auction at 1600000yen(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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