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Property information

Mansion: Otaru, Hokkaido

Asset type
Apartment
Yield
20.5%
Rank
★★☆☆☆
Bid deadline is 2026/02/09

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Base bid price 3,040,000yen
You can bid above 2,432,000yen

Location

Location Otaru, Hokkaido
Traffic access on report(japanese) JR函館本線「小樽築港」駅 南東方 道路距離 約1.8km~1.9km 北海道中央バス停留所「桜3丁目」 南方 道路距離 約500m~600m 
Reference(japanese) JR函館本線 朝里駅 西方 1.62km

Property data

Type Apartment building
Property number 1
Address 小樽市桜三丁目 456番地13
Building number 桜三丁目 456-13-406
Registered type Residence
Actual
Registered structure Steelconcrete1story building
Actual
Registered area 4F part 88.07m2
Actual
Layout 4LDK バルコニー:有(西南西向,ca.7.37m2)
Balcony ca.7.37m2
Service fee etc. 27,300
Land right Ownership
Occupant debtor・owner
Year/month built 1992/11
Floor 4F / 5 Total units 50

Numerical data

Base bid price 3,040,000yen Area 88㎡
Cap rate 20.5%
Gross yield 28.2%
Lease demand 6 / 25pt Minimum bid price 2,432,000yen
Ratio of years passed
to depreciable years
70% Earnest money deposit 608,000yen

Court data

Case number 2025(M)80005 Result 2026/02/12
Court Sapporo District Court(Main) Start of viewing 2026/01/16
Sale type Sealed bid auction (1 times) Bid period 2026/01/30 ~ 2026/02/09
Sale decision 2026/02/18 Special sale 2026/02/16 ~ 2026/02/20
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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 3040000yen in court auction is the same as buying the asset out of court auction at 2830000yen(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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