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!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.

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Land: Yokosuka, Kanagawa

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Registered virtual bidding 0properties Input
base bid price ¥ 6,940,000
estimate winning bid ¥
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Asset type
Land
Yield
-
Rank
ARank
To the bid due7 days left

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Base bid price 6,940,000yen You can bid above 5,552,000yen
To the bid due 7 days left Disclosed on Dec 7, 2018

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Location

Location Yokosuka, Kanagawa
Traffic access on report(japanese) 京急本線「浦賀」駅 南東方 約2.1km(道路距離) 「西浦賀町四丁目」バス停 徒歩約4分
Reference(japanese) 京急久里浜線 京急久里浜 西方 1.73km JR横須賀線 久里浜 西方 1.8km 京急本線 馬堀海岸 北西方 2.91km
Map Yokosuka, Kanagawa [Area map]

Property data

Type Land Property number 1
Registered category Residential land Actual category Other land
Registered area 187.61m2 Actual area -
Zoning Low residential Class I Usage vacant lot
Building to land ratio 40% Floor area ratio 80%
Type Land Property number 2
Registered category Residential land Actual category Other land
Registered area 187.61m2 Actual area -
Zoning Low residential Class I Usage vacant lot
Building to land ratio 40% Floor area ratio 80%

Numerical data

Cap rate - Area 375㎡
Gross yield - Base bid price 6,940,000yen
Lease demand 18 / 25pt Minimum bid price 5,552,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 1,388,000yen
Year/ month built -

Court data

Case number 2017(M)118 Announced -
Court Yokohama District Court (Yokosuka) Start of viewing Dec 7, 2018
Sale type Special sale (2 times) Special sale Dec 14, 2018 ~ Dec 21, 2018
Farm land - Result -
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 6940000yen in court auction is the same as buying the asset out of court auction at 6460000yen(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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Bid 0000yen Support service 0000yen
Registration tax 0000yen Liabilities 0000yen
Eviction etc. 0000yen Renovations 0000yen
Others 0000yen
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Total cost of acquisition 0000yen

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