Top Use of the site Search conditions for bookmark Virtual bidding Profile Login
!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.

printout Property details

Land: Sanjo, Niigata

Save your estimate winning bid and memo

Registered virtual bidding 0properties Input
base bid price ¥ 5,920,000
estimate winning bid ¥
my memo
Asset type
Land
Yield
-
Rank
CRank
To the bid due38 days left

Property image

*Image may not be accurate; please download and check Tri-set for property photos.

Property URL

*Copy for your inquiry

Base bid price 5,920,000yen You can bid above 4,736,000yen
To the bid due 38 days left Disclosed on Dec 7, 2018

Search similar properties

Pro Basic List of similar properties nearby and sold out List of similar props.

loading Loading...

Location

Location Sanjo, Niigata
Traffic access on report(japanese) JR信越本線「三条」駅 南西方 道路距離 約3.2km 越後交通「土場」バス停 北東方 道路距離 約200m
Reference(japanese) JR信越本線(直江津〜新潟) 東光寺 南東方 2.53km JR弥彦線 北三条 北東方 2.96km
Map Sanjo, Niigata [Area map]

Property data

Type Land Not for saleYes Property number 1
Registered category Farm Actual category Residential land
Registered area 376m2 Actual area -
Zoning Undesignated in urban plan area Usage vacant lot
Building to land ratio 70% Floor area ratio 200%
Type Land Not for saleYes Property number 2
Registered category Residential land Actual category -
Registered area 22.10m2 Actual area -
Zoning Undesignated in urban plan area Usage vacant lot
Building to land ratio 70% Floor area ratio 200%
Type Land Property number 3
Registered category Residential land Actual category -
Registered area 36.00m2 Actual area -
Zoning Undesignated in urban plan area Usage vacant lot
Building to land ratio 70% Floor area ratio 200%
Type Land Property number 4
Registered category Farm Actual category Residential land
Registered area 78m2 Actual area -
Zoning Undesignated in urban plan area Usage vacant lot
Building to land ratio 70% Floor area ratio 200%
Type Land Not for saleYes Property number 5
Registered category Residential land Actual category -
Registered area 163.68m2 Actual area -
Zoning Undesignated in urban plan area Usage vacant lot
Building to land ratio 70% Floor area ratio 200%
Type Land Property number 6
Registered category Farm Actual category Residential land
Registered area 191m2 Actual area -
Zoning Undesignated in urban plan area Usage vacant lot
Building to land ratio 70% Floor area ratio 200%
Type Land Property number 7
Registered category Residential land Actual category -
Registered area 115.77m2 Actual area -
Zoning Undesignated in urban plan area Usage vacant lot
Building to land ratio 70% Floor area ratio 200%
Type Land Property number 8
Registered category Residential land Actual category -
Registered area 1.27m2 Actual area -
Zoning Undesignated in urban plan area Usage vacant lot
Building to land ratio 70% Floor area ratio 200%
Type Land Property number 9
Registered category Rice field Actual category Residential land
Registered area 110m2 Actual area -
Zoning Undesignated in urban plan area Usage vacant lot
Building to land ratio 70% Floor area ratio 200%

Numerical data

Cap rate - Area 1,094㎡
Gross yield - Base bid price 5,920,000yen
Lease demand 9 / 25pt Minimum bid price 4,736,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 1,184,000yen
Year/ month built -

Court data

Case number 2017(M)28 Announced Dec 7, 2018
Court Niigata District Court (Sanjo) Start of viewing Dec 7, 2018
Sale type Sealed bid auction (2 times) Bid period Jan 11, 2019 ~ Jan 21, 2019
Farm land - Result Jan 23, 2019
Sale decision Jan 30, 2019 Special sale Jan 28, 2019 ~ Feb 4, 2019
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 5920000yen in court auction is the same as buying the asset out of court auction at 5510000yen(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」.

Bid simulation ※click hear

Estimate the total costs here

Simulate the total cost of acquisition

Bid 0000yen Support service 0000yen
Registration tax 0000yen Liabilities 0000yen
Eviction etc. 0000yen Renovations 0000yen
Others 0000yen
Input the desired price, calculate the acquisition cost
↓
Total cost of acquisition 0000yen

Simulate return from the asset

Rental income 0000yen Upkeep costs 0000yen
Calculte estimated return from the total cost
↓
Projected yield %
To the page top ▲