printout Land: Kakogawa, Hyogo

Asset type
Land
Yield
-
Rank
★★★☆☆
To the bid due50 days left

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Property URL

Base bid price 2,650,000yen You can bid above 2,120,000yen
To the bid due 50 days left

Location

Location Kakogawa, Hyogo
Traffic access on report(japanese) 山陽電鉄線 別府駅 北東方 約1.4km(道路距離)
Reference(japanese) JR山陽本線 東加古川駅 南西方 1.67km 山陽電鉄本線 播磨町駅 北方 1.86km

Property data

Type Land(Farm) Not for saleYes Property number 1
Registered category Rice field Actual category Rice field・Part residential
Registered area 603m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Not for saleYes Property number 2
Registered category Residential land Actual category -
Registered area 165.62m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 60% Floor area ratio 200%

Numerical data

Cap rate - Area 768㎡
Gross yield - Base bid price 2,650,000yen
Lease demand 16 / 25pt Minimum bid price 2,120,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 530,000yen

Court data

Case number 2023(O)27 Announced 2024/02/27
Court Kobe District Court (Himeji) Start of viewing 2024/02/27
Sale type Sealed bid auction (1 times) Bid period 2024/06/20 ~ 2024/06/27
Farm land Result 2024/07/03
Sale decision 2024/08/21 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 2650000yen in court auction is the same as buying the asset out of court auction at 2470000yen(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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