printout Land: Ogaki, Gifu

Asset type
Land
Yield
-
Rank
★☆☆☆☆
To the bid due35 days left

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Property URL

Base bid price 720,000yen You can bid above 576,000yen
To the bid due 35 days left

Location

Location Ogaki, Gifu
Traffic access on report(japanese) JR東海道本線 大垣駅 北東方 3.1km(道路距離) 名阪近鉄バス 開発住宅前停 南西方 800m(道路距離)
Reference(japanese) -

Property data

Type Land(Farm) Property number 1
Registered category Rice field Actual category -
Registered area 1356m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 60% Floor area ratio 200%

Numerical data

Cap rate - Area 1,356㎡
Gross yield - Base bid price 720,000yen
Lease demand 11 / 25pt Minimum bid price 576,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 144,000yen

Court data

Case number 2022(M)92 Announced 2024/03/13
Court Gifu District Court (Main) Start of viewing 2024/03/13
Sale type Sealed bid auction (2 times) Bid period 2024/06/04 ~ 2024/06/11
Farm land Result 2024/06/18
Sale decision 2024/08/15 Special sale 2024/07/23 ~ 2024/07/23
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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 720000yen in court auction is the same as buying the asset out of court auction at 670000yen(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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