printout House: Saijo, Ehime

Asset type
House
Yield
70%以上
Rank
★★☆☆☆
To the bid due15 days left

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Property URL

Base bid price 720,000yen You can bid above 576,000yen
To the bid due 15 days left

Location

Location Saijo, Ehime
Traffic access on report(japanese) JR予讃線「伊予三芳駅」 西方 道路距離 約50m 「三芳駅前」バス停 西方 約50m(徒歩約1分)
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 203.38m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 50% Floor area ratio 80%
Type Building Property number 2
Building number 361-18
Registered type Shop・Residence Actual Residence
Registered structure Lightsteel structuredSlate-roofedTileSlate-roofedroofedFlat-roofed2F building Actual Lightsteel structured・WoodenSlate-roofedTileSlate-roofedroofedFlat-roofed2F building
Registered floor area 1F 152.92m2,2F 29.24m2 Actual 1F ca.158.20m2,2F 29.24m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1971/08

Numerical data

Cap rate 70%以上 Area 187㎡
Gross yield 96%以上 Base bid price 720,000yen
Lease demand 9 / 25pt Minimum bid price 576,000yen
Ratio of years passed
to depreciable years
208% Earnest money deposit 144,000yen

Court data

Case number 2024(M)5 Announced 2024/05/09
Court Matsuyama District Court (Main) Start of viewing 2024/05/09
Sale type Sealed bid auction (1 times) Bid period 2024/05/30 ~ 2024/06/06
Farm land - Result 2024/06/13
Sale decision 2024/07/04 Special sale 2024/06/14 ~ 2024/06/17
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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 720000yen in court auction is the same as buying the asset out of court auction at 670000yen(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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