printout Land: Aki, Kochi

Asset type
Land
Yield
-
Rank
☆☆☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 6,610,000yen You could bid above 5,288,000yen
Bid period ended

Results

Court classification Land Sale price 5,300,000yen
Bid opening Sale Number of bidders 1
Winner qualification Corporation

Location

Location Aki, Kochi
Traffic access on report(japanese) 土佐くろしお鉄道「安芸駅」 南東方 約960m 「港町」バス停 南西方 約100m(道路距離)
Reference(japanese) 土佐くろしお鉄道ごめん・なはり線 伊尾木駅 北西方 1.84km

Property data

Type Land Property number 13
Registered category Residential land Actual category -
Registered area 466.69m2 Actual area -
Zoning Undesignated in urban plan area Usage vacant lot
Building to land ratio 70% Floor area ratio 400%

Numerical data

Cap rate - Area 466㎡
Gross yield - Base bid price 6,610,000yen
Lease demand 3 / 25pt Minimum bid price 5,288,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 1,322,000yen

Court data

Case number 2023(M)17 Announced 2024/03/15
Court Kochi District Court (Main) Start of viewing 2024/03/15
Sale type Sealed bid auction (1 times) Bid period 2024/04/08 ~ 2024/04/15
Farm land - Result 2024/04/17
Sale decision 2024/05/08 Special sale 2024/04/18 ~ 2024/04/19

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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 6610000yen in court auction is the same as buying the asset out of court auction at 6150000yen(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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Eviction etc. 0,000yen Renovations 0,000yen
Others 0,000yen
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Projected yield %