!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.
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printout House: Nakamura, Nagoya, Aichi

Asset type
House
Yield
4.8%
Rank
★☆☆☆☆
To the bid due3 days left

Property image

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

MAP

Property URL

Base bid price 504,230,000yen You can bid above 403,384,000yen
To the bid due 3 days left Disclosed on 2023/05/16

Location

Location Nakamura, Nagoya, Aichi
Traffic access on report(japanese) 近鉄名古屋線「米野」駅 北東方 道路距離 約500m あおなみ線「ささしまライブ」駅 北方 道路距離 約550m 名古屋駅西口 南方 道路距離 約800m
Reference(japanese) -

Property data

Type Land Property number 1
Registered category School Actual category -
Registered area 842m2 Actual area -
Zoning Residential Class II Semi-commercial Usage -
Building to land ratio 60% 80% Floor area ratio 200% 400%
Type Land Property number 2
Registered category School Actual category -
Registered area 1472m2 Actual area -
Zoning Residential Class II Semi-commercial Usage -
Building to land ratio 60% 80% Floor area ratio 200% 400%
Type Building Property number 3
Building number 1803-
Registered type School Actual -
Registered structure SteelConcrete・steel structuredZinc-coated steel sheetroofed5 story building Actual -
Registered floor area 1F 523.05m2,2F 396.94m2,3F 338.44m2,4F 395.13m2 Actual 1F 523.05m2,2F 396.94m2,3F ca.396.49m2,4F 395.13m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1988/01

Numerical data

Cap rate 4.8% Area 1,711㎡
Gross yield 6.6% Base bid price 504,230,000yen
Lease demand 12 / 25pt Minimum bid price 403,384,000yen
Ratio of years passed
to depreciable years
74% Earnest money deposit 100,846,000yen

Court data

Case number 2022(M)52 Announced 2023/05/16
Court Nagoya District Court (Main) Start of viewing 2023/05/16
Sale type Sealed bid auction (3 times) Bid period 2023/05/31 ~ 2023/06/07
Farm land - Result 2023/06/14
Sale decision 2023/06/28 Special sale 2023/06/21 ~ 2023/06/21
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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 504230000yen in court auction is the same as buying the asset out of court auction at 469050000yen(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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