printout House: Yoron, Kagoshima

Asset type
House
Yield
70%以上
Rank
★★☆☆☆
To the bid due35 days left

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Property URL

Base bid price 1,990,000yen You can bid above 1,592,000yen
To the bid due 35 days left

Location

Location Yoron, Kagoshima
Traffic access on report(japanese) 「役場前」バス停 北東方 約220m(直線距離)
Reference(japanese) -

Property data

Type Land(Farm) Property number 1
Registered category Farm Actual category Farm
Registered area 287m2 Actual area -
Zoning Undesignated out of urban plan area Usage -
Building to land ratio - Floor area ratio -
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 638.34m2 Actual area -
Zoning Undesignated out of urban plan area Usage -
Building to land ratio - Floor area ratio -
Type Land Property number 3
Registered category Residential land Actual category -
Registered area 760.94m2 Actual area -
Zoning Undesignated out of urban plan area Usage -
Building to land ratio - Floor area ratio -
Type Building Property number 4
Building number 1648-5
Registered type Hotel Actual -
Registered structure WoodenZinc-coated steel sheetroofedOne-story Actual -
Registered floor area 173.61m2 Actual ca.249.61m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1975/09

Numerical data

Cap rate 70%以上 Area 249㎡
Gross yield 96%以上 Base bid price 1,990,000yen
Lease demand 9 / 25pt Minimum bid price 1,592,000yen
Ratio of years passed
to depreciable years
218% Earnest money deposit 398,000yen

Court data

Case number 2023(M)8 Announced 2024/04/18
Court Kagoshima District Court (Naze) Start of viewing 2024/04/18
Sale type Sealed bid auction (1 times) Bid period 2024/06/11 ~ 2024/06/18
Farm land Result 2024/06/25
Sale decision 2024/08/13 Special sale -
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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 1990000yen in court auction is the same as buying the asset out of court auction at 1850000yen(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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