!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 House: Takasaki, Gunma

Asset type
House
Yield
32.4%
Rank
★★☆☆☆
To the bid due12 days left

Property image

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

MAP

Property URL

Base bid price 1,670,000yen You can bid above 1,336,000yen
To the bid due 12 days left Disclosed on 2023/03/08

Location

Location Takasaki, Gunma
Traffic access on report(japanese) JR高崎線「倉賀野」駅 西方 道路距離 約1.7km
Reference(japanese) JR八高線 倉賀野駅 西方 1.35km 上信電鉄 佐野のわたし駅 東方 1.51km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 35.46m2 Actual area -
Zoning Semi-industrial Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 24.49m2 Actual area -
Zoning Semi-industrial Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 3
Building number 440-1
Registered type Residence Actual -
Registered structure WoodenZinc-coated steel sheetroofed2F building Actual -
Registered floor area 1F 27.74m2,2F 27.74m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1996/04

Numerical data

Cap rate 32.4% Area 55㎡
Gross yield 44.6% Base bid price 1,670,000yen
Lease demand 13 / 25pt Minimum bid price 1,336,000yen
Ratio of years passed
to depreciable years
118% Earnest money deposit 334,000yen
Year/ month built 1996/04(26 years old)

Court data

Case number 2022(O)32 Announced 2023/03/08
Court Maebashi District Court (Takasaki) Start of viewing 2023/03/08
Sale type Sealed bid auction (1 times) Bid period 2023/04/04 ~ 2023/04/11
Farm land - Result 2023/04/18
Sale decision 2023/05/09 Special sale 2023/04/20 ~ 2023/04/20
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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 1670000yen in court auction is the same as buying the asset out of court auction at 1550000yen(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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