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Property information

House: Tottori, Tottori

Asset type
House
Yield
19.6%
Rank
★★☆☆☆
Bid deadline is 2026/01/20

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Base bid price 3,760,000yen
You can bid above 3,008,000yen

Location

Location Tottori, Tottori
Traffic access on report(japanese) JR山陰本線 鳥取大学前駅 北方 約600m(道路距離) 尾崎病院前バス停 南方 180m(道路距離) 
Reference(japanese) JR山陰本線 湖山駅 北西方 1.26km

Property data

Type Land Share sale
Property number 1
Address 鳥取市湖山町北二丁目 452番2
Building number
Registered category Residential land
Actual category
Registered area 40.20m2
Actual area
Zoning High residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%
Share 2分-1
Type Land
Property number 2
Address 鳥取市湖山町北二丁目 452番10
Building number
Registered category Residential land
Actual category
Registered area 155.37m2
Actual area
Zoning High residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Building
Property number 3
Address 鳥取市湖山町北二丁目452番地10
Building number 452-10
Registered type Residence
Actual
Registered structure WoodenSlate-roofedroofed2story building
Actual
Registered floor area 1F 40.56m2,2F 39.74m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 1993/03

Numerical data

Base bid price 3,760,000yen Area 80㎡
Cap rate 19.6%
Gross yield 27.0%
Lease demand 12 / 25pt Minimum bid price 3,008,000yen
Ratio of years passed
to depreciable years
145% Earnest money deposit 752,000yen

Court data

Case number 2025(M)11 Result 2026/01/22
Court Tottori District Court(Main) Start of viewing 2025/12/23
Sale type Sealed bid auction (1 times) Bid period 2026/01/13 ~ 2026/01/20
Sale decision 2026/02/12
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Analysis data

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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 3760000yen in court auction is the same as buying the asset out of court auction at 3500000yen(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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