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Property information

House: Tsuyama, Okayama

Asset type
House
Yield
70% or more
Rank
★★☆☆☆
Bid deadline is 2026/02/12

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Base bid price 3,378,000yen
You can bid above 2,702,400yen

Location

Location Tsuyama, Okayama
Traffic access on report(japanese) JR津山線 津山駅 西方 直線 約600m 
Reference(japanese) JR姫新線 津山駅 西方 0.69km JR津山線 津山口駅 東方 1.20km

Property data

Type Land
Property number 1
Address 津山市昭和町二丁目 61番
Building number
Registered category Residential land
Actual category
Registered area 226.78m2
Actual area
Zoning Semi-commercial
Usage
Building to land ratio 80%
Floor area ratio 200%
Type Building
Property number 2
Address 津山市昭和町二丁目 61番地
Building number 61-
Registered type Residence
Actual Residence・Apartment
Registered structure Concrete blockCement tile roofed・Zinc-coated steel sheetroofed2story building
Actual Concrete block・WoodenTile・Zinc-coated steel sheetroofed2story building
Registered floor area 1F 153.19m2,2F 136.20m2
Actual 1F ca.197m2,2F ca.146m2
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built

Numerical data

Base bid price 3,378,000yen Area 343㎡
Cap rate 70% or more
Gross yield 96% or more
Lease demand 12 / 25pt Minimum bid price 2,702,400yen
Ratio of years passed
to depreciable years
150% Earnest money deposit 680,000yen

Court data

Case number 2025(M)8 Result 2026/02/18
Court Okayama District Court(Tsuyama) Start of viewing 2026/01/09
Sale type Sealed bid auction (1 times) Bid period 2026/02/05 ~ 2026/02/12
Sale decision 2026/03/11
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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 3378000yen in court auction is the same as buying the asset out of court auction at 3140000yen(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」.

Bid simulation

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