printout Mansion: Kochi, Kochi

Asset type
Apartment
Yield
11.1%
Rank
★★☆☆☆
Bid period ended

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Property URL

This property became Change
Bid period ended

Results

Court classification Apartment Sale price -
Result Change Number of bidders -
Winner -

Location

Location Kochi, Kochi
Traffic access on report(japanese) JR土讃線 高知駅 南東方 約2.2km(道路距離) 宝永町バス停 南東方 約550m(道路距離)
Reference(japanese) とさでん交通後免線 宝永町駅 南方 0.41km

Property data

Type Land Share sale Property number 1
Registered category Residential land Actual category -
Registered area 211.57m2 Actual area -
Zoning Semi-industrial Usage -
Building to land ratio 60% Floor area ratio 200%
Share 266020Third15352
Type Land Share sale Property number 2
Registered category Residential land Actual category -
Registered area 211.57m2 Actual area -
Zoning Semi-industrial Usage -
Building to land ratio 60% Floor area ratio 200%
Share 266020Third15352
Type Land Share sale Property number 3
Registered category Residential land Actual category -
Registered area 72.72m2 Actual area -
Zoning Semi-industrial Usage -
Building to land ratio 60% Floor area ratio 200%
Share 266020Third15352
Type Land Share sale Property number 4
Registered category Residential land Actual category -
Registered area 42.64m2 Actual area -
Zoning Semi-industrial Usage -
Building to land ratio 60% Floor area ratio 200%
Share 266020Third15352
Type Land Share sale Property number 5
Registered category Residential land Actual category -
Registered area 111.27m2 Actual area -
Zoning Semi-industrial Usage -
Building to land ratio 60% Floor area ratio 200%
Share 266020Third15352
Type Land Share sale Property number 6
Registered category Residential land Actual category -
Registered area 9.91m2 Actual area -
Zoning Semi-industrial Usage -
Building to land ratio 60% Floor area ratio 200%
Share 266020Third15352
Type Apartment building Property number 7
Building number 中-島 8-701
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 7F part 48.06m2 Actual -
Layout Others バルコニー:南東向き,概測ca.11m2 Balcony ca.11m2
Service fee etc. 12,000 Land right Ownership
Occupant debtor・owner Year/month built 1981/06
Floor 7F Total units 24

Numerical data

Cap rate 11.1% Area 48㎡
Gross yield 15.3% Base bid price 3,030,000yen
Lease demand 15 / 25pt Minimum bid price 2,424,000yen
Ratio of years passed
to depreciable years
89% Earnest money deposit 606,000yen

Court data

Case number 2023(O)23 Announced 2024/05/17
Court Kochi District Court (Main) Start of viewing 2024/05/17
Sale type Sealed bid auction (1 times) Bid period 2024/06/10 ~ 2024/06/17
Farm land - Result 2024/06/19
Sale decision 2024/07/10 Special sale 2024/06/20 ~ 2024/06/21

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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 3030000yen in court auction is the same as buying the asset out of court auction at 2820000yen(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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