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Property information

House: Saiki, Oita

Asset type
House
Yield
70% or more
Rank
★★☆☆☆
Bid deadline is 2026/02/03

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Base bid price 674,000yen
You can bid above 539,200yen

Location

Location Saiki, Oita
Traffic access on report(japanese) JR日豊本線「佐伯」駅 北東方 約90m(道路距離 約120m) 最寄りバス停「佐伯駅」 北東方 約50m(道路距離 約60m) 
Reference(japanese) JR日豊本線 海崎駅 南東方 2.90km

Property data

Type Land
Property number 1
Address 佐伯市駅前二丁目 3492番3
Building number
Registered category Residential land
Actual category
Registered area 7.14m2
Actual area
Zoning Commercial
Usage
Building to land ratio 80%
Floor area ratio 400%
Type Land
Property number 2
Address 佐伯市駅前二丁目 3493番10
Building number
Registered category Residential land
Actual category
Registered area 112.52m2
Actual area
Zoning Commercial
Usage
Building to land ratio 80%
Floor area ratio 400%
Type Building
Property number 3
Address 佐伯市駅前二丁目3493番地10
Building number 3493-10
Registered type Shop、Residence
Actual
Registered structure steel structuredFlat-roofed3 story building
Actual
Registered floor area 1F 81.60m2,2F 80.30m2,3F 79.50m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 1973/04

Numerical data

Base bid price 674,000yen Area 241㎡
Cap rate 70% or more
Gross yield 96% or more
Lease demand 4 / 25pt Minimum bid price 539,200yen
Ratio of years passed
to depreciable years
208% Earnest money deposit 140,000yen

Court data

Case number 2025(M)7 Result 2026/02/10
Court Oita District Court(Saiki) Start of viewing 2026/01/07
Sale type Sealed bid auction (1 times) Bid period 2026/01/27 ~ 2026/02/03
Sale decision 2026/03/03
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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 674000yen in court auction is the same as buying the asset out of court auction at 630000yen(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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