printout House: Matsuyama, Ehime

Asset type
House
Yield
13.0%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 6,560,000yen You could bid above 5,248,000yen
Bid period ended

Results

Court classification House Sale price 13,660,000yen
Bid opening Sale Number of bidders 16
Winner qualification Corporation

Location

Location Matsuyama, Ehime
Traffic access on report(japanese) JR予讃線「伊予和気」駅 北西方 道路距離 約60m 最寄バス停「和気駅前」 東方 道路距離 約100m(徒歩約2分)
Reference(japanese) JR予讃線 堀江駅 南西方 2.16km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 110.81m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 127-21
Registered type Residence Actual -
Registered structure WoodenSlate roofed2F building Actual -
Registered floor area 1F 47.20m2,2F 41.40m2 Actual -
Layout Others Land right Ownership
Occupant Yes Year/month built 2005/07

Numerical data

Cap rate 13.0% Area 88㎡
Gross yield 17.9% Base bid price 6,560,000yen
Lease demand 16 / 25pt Minimum bid price 5,248,000yen
Ratio of years passed
to depreciable years
81% Earnest money deposit 1,312,000yen

Court data

Case number 2023(M)92 Announced 2024/03/14
Court Matsuyama District Court (Main) Start of viewing 2024/03/14
Sale type Sealed bid auction (1 times) Bid period 2024/04/04 ~ 2024/04/11
Farm land - Result 2024/04/18
Sale decision 2024/05/09 Special sale 2024/04/19 ~ 2024/04/22

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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 6560000yen in court auction is the same as buying the asset out of court auction at 6100000yen(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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