printout Land: Naruto, Tokushima

Asset type
Land
Yield
-
Rank
★☆☆☆☆
To the bid due43 days left

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Property URL

Base bid price 610,000yen You can bid above 488,000yen
To the bid due 43 days left

Location

Location Naruto, Tokushima
Traffic access on report(japanese) JR鳴門線「鳴門」駅 東方 約2.6km(道路距離)
Reference(japanese) JR鳴門線 撫養駅 東方 2.63km

Property data

Type Land(Farm) Property number 7
Registered category Rice field Actual category Farm
Registered area 896m2 Actual area -
Zoning Preserved Usage -
Building to land ratio - Floor area ratio -

Numerical data

Cap rate - Area 896㎡
Gross yield - Base bid price 610,000yen
Lease demand 11 / 25pt Minimum bid price 488,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 122,000yen

Court data

Case number 2021(O)35 Announced 2024/03/12
Court Tokushima District Court (Main) Start of viewing 2024/03/12
Sale type Sealed bid auction (3 times) Bid period 2024/06/13 ~ 2024/06/19
Farm land Result 2024/06/26
Sale decision 2024/07/17 Special sale 2024/06/27 ~ 2024/06/28
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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 610000yen in court auction is the same as buying the asset out of court auction at 570000yen(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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