printout House: Nakatsu, Oita

Asset type
House
Yield
56.1%
Rank
★★☆☆☆
To the bid due5 days left

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Property URL

Base bid price 2,890,000yen You can bid above 2,312,000yen
To the bid due 5 days left

Location

Location Nakatsu, Oita
Traffic access on report(japanese) JR日豊本線「東中津」駅 南方 4.3km(直線距離 3.7km) 大交北部バス「三保」停留所 南方 1.4km 中津市コミュニティバス「洞ノ上」停留所 南東方 260m
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 671.07m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 200%
Type Building Property number 2
Building number 131-
Registered type Residence Warehouse Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 178.11m2,2F 21.95m2 Actual 1F ca.192m2,2F 21.95m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1903/07

Numerical data

Cap rate 56.1% Area 213㎡
Gross yield 77.1% Base bid price 2,890,000yen
Lease demand 9 / 25pt Minimum bid price 2,312,000yen
Ratio of years passed
to depreciable years
545% Earnest money deposit 578,000yen

Court data

Case number 2023(M)13 Announced 2024/05/01
Court Oita District Court (Nakatsu) Start of viewing 2024/05/01
Sale type Sealed bid auction (1 times) Bid period 2024/05/16 ~ 2024/05/23
Farm land - Result 2024/05/30
Sale decision 2024/06/20 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 2890000yen in court auction is the same as buying the asset out of court auction at 2690000yen(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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