!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.
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printout Land: Taketa, Oita

Asset type
Land
Yield
-
Rank
☆☆☆☆☆
To the bid due49 days left

Property image

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

MAP

Property URL

Base bid price 351,000yen You can bid above 280,800yen
To the bid due 49 days left Disclosed on 2022/05/18

Location

Location Taketa, Oita
Traffic access on report(japanese) JR豊肥本線「豊後竹田」駅 北西方 約15.5km(道路距離) 大分バス「境川」停留所 北西方 約0.9km(道路距離)
Reference(japanese) -

Property data

Type Land Property number 4
Registered category Rice field Actual category Other land
Registered area 1915m2 Actual area -
Zoning Undesignated out of urban plan area Usage -
Building to land ratio - Floor area ratio -
Type Land Property number 5
Registered category Rice field Actual category Other land
Registered area 2187m2 Actual area -
Zoning Undesignated out of urban plan area Usage -
Building to land ratio - Floor area ratio -

Numerical data

Cap rate - Area 4,102㎡
Gross yield - Base bid price 351,000yen
Lease demand 0 / 25pt Minimum bid price 280,800yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 80,000yen
Year/ month built -

Court data

Case number 2022(M)1 Announced 2022/05/18
Court Oita District Court (Takeda) Start of viewing 2022/05/18
Sale type Sealed bid auction (1 times) Bid period 2022/08/17 ~ 2022/08/24
Farm land Result 2022/08/31
Sale decision 2022/09/20 Special sale -
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  • Cap rate and gross yield on the property detail pages are based on base bid prices; please consult auction concierges for actual returns and gains.

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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 351000yen in court auction is the same as buying the asset out of court auction at 330000yen(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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