printout Land: Taku, Saga

Asset type
Bid period ended

Property image

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Property URL

Base bid price 260,000yen You could bid above 208,000yen
Bid period ended Disclosed on 2021/08/06


Court classification Land Sale price 220,000yen
Bid opening Sale Number of bids 1
Winner qualification Corporation


Location Taku, Saga
Traffic access on report(japanese) JR唐津線「多久」駅 南西方 道路距離 約7.3km 最寄バス停 県道多久若木線沿い「西多久」バス停 北方 道路距離 約650m
Reference(japanese) -

Property data

Type Land(Farm) Property number 7
Registered category Rice field Actual category -
Registered area 988m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 100%

Numerical data

Cap rate - Area 988㎡
Gross yield - Base bid price 260,000yen
Lease demand 1 / 25pt Minimum bid price 208,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 52,000yen
Year/ month built -

Court data

Case number 2020(M)12 Announced 2021/08/06
Court Saga District Court (Main) Start of viewing 2021/08/06
Sale type Sealed bid auction (2 times) Bid period 2021/10/28 ~ 2021/11/04
Farm land Result 2021/11/11
Sale decision 2022/01/05 Special sale 2021/11/18 ~ 2021/11/19

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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 260000yen in court auction is the same as buying the asset out of court auction at 240000yen(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 provide useful assistance.

*Above figures are based on base bid prices. For actual total costs, see 「bid simulation」.


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Bid simulation ※click hear

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Eviction etc. 0,000yen Renovations 0,000yen
Others 0,000yen
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