printout House: Kanoya, Kagoshima

Asset type
House
Yield
18.4%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 4,920,000yen You could bid above 3,936,000yen
Bid period ended

Results

Court classification House Sale price 3,936,000yen
Bid opening Sale Number of bidders 1
Winner qualification Corporation

Location

Location Kanoya, Kagoshima
Traffic access on report(japanese) 「松橋」バス停 北西方 約1.7km(直線距離)
Reference(japanese) -

Property data

Type Land(Farm) Property number 1
Registered category Ranch Actual category -
Registered area 1550m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 400%
Type Land(Farm) Property number 2
Registered category Ranch Actual category -
Registered area 3004m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 400%
Type Land(Farm) Property number 3
Registered category Ranch Actual category -
Registered area 1279m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 400%
Type Land(Farm) Property number 4
Registered category Ranch Actual category -
Registered area 1424m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 400%
Type Land(Farm) Property number 5
Registered category Ranch Actual category -
Registered area 2870m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 400%
Type Land(Farm) Property number 6
Registered category Ranch Actual category -
Registered area 4876m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 400%
Type Land(Farm) Property number 7
Registered category Ranch Actual category -
Registered area 2115m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 400%
Type Land(Farm) Property number 8
Registered category Ranch Actual category Farm
Registered area 155m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 400%
Type Land(Farm) Property number 9
Registered category Farm Actual category Farm
Registered area 2479m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 400%
Type Land(Farm) Property number 10
Registered category Ranch Actual category -
Registered area 1293m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 400%
Type Land(Farm) Property number 11
Registered category Ranch Actual category -
Registered area 972m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 400%
Type Land(Farm) Property number 12
Registered category Ranch Actual category -
Registered area 4212m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 400%
Type Land(Farm) Property number 13
Registered category Ranch Actual category -
Registered area 2254m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 400%
Type Building Property number 14
Building number 15560-10
Registered type Office Actual -
Registered structure WoodenAlloyplatingsteel sheet roofedOne-story Actual -
Registered floor area 43.32m2 Actual ca.46.82m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2014/03
Type Building Property number 15
Building number 15570-1
Registered type Workshop Actual -
Registered structure WoodenAlloyplatingsteel sheet roofedOne-story Actual -
Registered floor area 218.00m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2016/03

Numerical data

Cap rate 18.4% Area 46㎡
Gross yield 25.3% Base bid price 4,920,000yen
Lease demand 9 / 25pt Minimum bid price 3,936,000yen
Ratio of years passed
to depreciable years
35% Earnest money deposit 984,000yen

Court data

Case number 2022(M)14, 2022(M)20 Announced 2024/01/17
Court Kagoshima District Court (Kanoya) Start of viewing 2024/01/17
Sale type Sealed bid auction (3 times) Bid period 2024/04/04 ~ 2024/04/11
Farm land Result 2024/04/18
Sale decision 2024/06/06 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 4920000yen in court auction is the same as buying the asset out of court auction at 4580000yen(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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