printout House: Minami, Kyoto, Kyoto

Asset type
House
Yield
25.2%
Rank
★★★☆☆
To the bid due6 days left

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Property URL

Base bid price 28,270,000yen You can bid above 22,616,000yen
To the bid due 6 days left

Location

Location Minami, Kyoto, Kyoto
Traffic access on report(japanese) JR東海道本線「西大路」駅 南方 道路距離 約1.5km
Reference(japanese) 近鉄京都線 十条駅 西方 1.70km 京都市営地下鉄烏丸線 くいな橋駅 西方 2.20km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 304.47m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 3-2
Registered type Residence・Office Actual -
Registered structure steel structuredFlat-roofed2F building Actual steel structuredFlat-roofed3story building
Registered floor area 1F 223.92m2,2F 223.92m2 Actual 1F ca.260.92m2,2F ca.260.92m2,3F ca.80m2
Layout Others Land right Ownership
Occupant Yes Year/month built 1970/09

Numerical data

Cap rate 25.2% Area 601㎡
Gross yield 34.7% Base bid price 28,270,000yen
Lease demand 20 / 25pt Minimum bid price 22,616,000yen
Ratio of years passed
to depreciable years
212% Earnest money deposit 5,654,000yen

Court data

Case number 2023(O)74 Announced 2024/04/24
Court Kyoto District Court (Main) Start of viewing 2024/04/24
Sale type Sealed bid auction (1 times) Bid period 2024/05/09 ~ 2024/05/16
Farm land - Result 2024/05/23
Sale decision 2024/06/06 Special sale 2024/05/31 ~ 2024/05/31
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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 28270000yen in court auction is the same as buying the asset out of court auction at 26300000yen(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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