printout Mansion: OsakaSayama, Osaka

Asset type
Apartment
Yield
15.5%
Rank
★★☆☆☆
Bid period ended

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Base bid price 2,480,000yen You could bid above 1,984,000yen
Bid period ended

Results

Court classification Apartment Sale price -
Bid opening Withdraw Number of bidders -
Winner qualification -

Location

Location OsakaSayama, Osaka
Name of building 狭山ハウス1号棟 same apartment.
Traffic access on report(japanese) 南海高野線「金剛」駅 南西方 道路距離 約2.4km 最寄バス停「西山台北」停留所 南西方 道路距離 約450m
Reference(japanese) 南海高野線 滝谷駅 北西方 2.27km 泉北高速鉄道線 泉ヶ丘駅 東方 2.78km

Property data

Type Apartment building Property number 1
Building number 西山台五丁目715-2-75
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 7F part 53.46m2 Actual -
Layout 3DK バルコニー南East side ca.7.21m2 Balcony ca.7.21m2
Service fee etc. 14,980 Land right Ownership
Occupant debtor・owner Year/month built 1976/11
Floor 7F / 8 Total units 92

Numerical data

Cap rate 15.5% Area 53㎡
Gross yield 21.3% Base bid price 2,480,000yen
Lease demand 19 / 25pt Minimum bid price 1,984,000yen
Ratio of years passed
to depreciable years
100% Earnest money deposit 500,000yen

Court data

Case number 2023(O)62 Announced 2024/03/15
Court Osaka District Court (Sakai) Start of viewing 2024/03/15
Sale type Sealed bid auction (1 times) Bid period 2024/04/03 ~ 2024/04/11
Farm land - Result 2024/04/18
Sale decision 2024/05/02 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 2480000yen in court auction is the same as buying the asset out of court auction at 2310000yen(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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