printout House: Aki, Kochi

Asset type
House
Yield
6.1%
Rank
☆☆☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 14,720,000yen You could bid above 11,776,000yen
Bid period ended

Results

Court classification House Sale price -
Bid opening No sale Number of bidders -
Winner qualification -

Location

Location Aki, Kochi
Traffic access on report(japanese) 土佐くろしお鉄道「安芸」駅 南東方 約730m 「本町コミセン前」バス停 東方 約50m(道路距離)
Reference(japanese) 土佐くろしお鉄道ごめん・なはり線 球場前駅 東方 1.57km

Property data

Type Land Property number 4
Registered category Residential land Actual category -
Registered area 536.57m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 400%
Type Apartment building 一棟売り Property number 5
Building number 本町二丁目 1060-1-1
Registered type Shop・Break room Actual -
Registered structure steel structuredTile roofed2F building Actual -
Registered area 1F part 183.98m2,2F part 26.82m2 Actual 1F part ca.185.33m2,2F part 26.82m2
Layout Others Balcony unknown
Service fee etc. - Land right Ownership
Occupant Yes Year/month built 1998/07
Floor 1F and 2F Total units -
Type Apartment building 一棟売り Property number 6
Building number 本町二丁目 1060-1-2
Registered type Residence Actual -
Registered structure steel structuredTile roofed1 story building Actual -
Registered area 2F part 108.93m2 Actual -
Layout Others Balcony unknown
Service fee etc. - Land right Ownership
Occupant Yes Year/month built 1998/07
Floor 2F Total units -
Type Building Property number 7
Building number 1060-1-3
Registered type Residence Actual -
Registered structure WoodenTile roofedOne-story Actual -
Registered floor area 69.52m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built -

Numerical data

Cap rate 6.1% Area 212㎡
Gross yield 8.4% Base bid price 14,720,000yen
Lease demand 3 / 25pt Minimum bid price 11,776,000yen
Ratio of years passed
to depreciable years
116% Earnest money deposit 2,944,000yen

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 14720000yen in court auction is the same as buying the asset out of court auction at 13690000yen(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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