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Farm: Inazawa, Aichi

Asset type
Farm
Yield
-
Rank
BRank
Bid period ended

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Base bid price 160,000yen You could bid above 128,000yen
Bid period ended Disclosed on Jun 20, 2019

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Court classification Farm Sale price -
Bid opening No sale Number of bids -
Winner qualification -

Location

Location Inazawa, Aichi
Traffic access on report(japanese) 名鉄名古屋本線「奥田」駅 西方 道路距離 約3.2km 名鉄名古屋本線「国府宮」駅 南西方 道路距離 約3.5km 名鉄バス「矢合観音」停留所 東方 道路距離 約500m
Reference(japanese) -

Property data

Type Land(Farm) Property number 6
Registered category Rice field Actual category -
Registered area 142m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 60% Floor area ratio 200%

Numerical data

Cap rate - Area 142㎡
Gross yield - Base bid price 160,000yen
Lease demand 13 / 25pt Minimum bid price 128,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 32,000yen
Year/ month built -

Court data

Case number 2016(M)24 Announced -
Court Nagoya District Court (Ichinomiya) Start of viewing Jun 20, 2019
Sale type Special sale (2 times) Special sale Aug 28, 2019 ~ Aug 30, 2019
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 160000yen in court auction is the same as buying the asset out of court auction at 150000yen(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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