printout Mansion: Sumiyoshi, Osaka, Osaka

Asset type
Apartment
Yield
9.3%
Rank
★☆☆☆☆
To the bid due15 days left

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Property URL

Base bid price 3,250,000yen You can bid above 2,600,000yen
To the bid due 15 days left

Location

Location Sumiyoshi, Osaka, Osaka
Traffic access on report(japanese) 南海高野線 帝塚山駅 東方 道路距離 約390m
Reference(japanese) 阪堺電軌上町線 帝塚山三丁目駅 北方 0.13km 阪堺電軌阪堺線 塚西駅 東方 0.63km

Property data

Type Land Share sale Property number 1
Registered category Residential land Actual category -
Registered area 543.79m2 Actual area -
Zoning High residential Class II Usage -
Building to land ratio 60% Floor area ratio 200%
Share 10000分-216
Type Apartment building Property number 2
Building number 帝塚山中二丁目60-25
Registered type Residence Actual -
Registered structure steel structured1 story building Actual -
Registered area 5F part 34.40m2 Actual -
Layout 2DK Balcony unknown
Service fee etc. 15,000 Land right Ownership
Occupant debtor・owner Year/month built 1970/05
Floor 5F Total units 41

Numerical data

Cap rate 9.3% Area 34㎡
Gross yield 12.8% Base bid price 3,250,000yen
Lease demand 14 / 25pt Minimum bid price 2,600,000yen
Ratio of years passed
to depreciable years
216% Earnest money deposit 650,000yen

Court data

Case number 2023(O)267 Announced 2024/06/20
Court Osaka District Court (Main) Start of viewing 2024/06/20
Sale type Sealed bid auction (1 times) Bid period 2024/07/05 ~ 2024/07/12
Farm land - Result 2024/07/19
Sale decision 2024/08/01 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 3250000yen in court auction is the same as buying the asset out of court auction at 3020000yen(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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