printout House: HigashiOmi, Shiga

Asset type
House
Yield
7.7%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 12,490,000yen You could bid above 9,992,000yen
Bid period ended

Results

Court classification House Sale price 17,888,000yen
Bid opening Sale Number of bidders 8
Winner qualification Corporation

Location

Location HigashiOmi, Shiga
Traffic access on report(japanese) 近江鉄道万葉あかね線「太郎坊宮前」駅 南東方 道路距離 約1.2km 最寄停留所(乗合タクシー)「中野コミュニティセンター」 南方 約500m
Reference(japanese) 近江鉄道本線 長谷野駅 北東方 0.57km 近江鉄道八日市線 新八日市駅 南方 1.16km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 90.63m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 62.87m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 3
Building number 584-18
Registered type Residence Actual -
Registered structure WoodenShingle sand asphalt etc. roofingroofed2F building Actual -
Registered floor area 1F 53.05m2,2F 48.19m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2019/05

Numerical data

Cap rate 7.7% Area 101㎡
Gross yield 10.6% Base bid price 12,490,000yen
Lease demand 11 / 25pt Minimum bid price 9,992,000yen
Ratio of years passed
to depreciable years
18% Earnest money deposit 2,498,000yen

Court data

Case number 2023(M)58 Announced 2024/03/18
Court Otsu District Court (Hikone) Start of viewing 2024/03/18
Sale type Sealed bid auction (1 times) Bid period 2024/04/08 ~ 2024/04/15
Farm land - Result 2024/04/22
Sale decision 2024/05/20 Special sale 2024/04/30 ~ 2024/04/30

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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 12490000yen in court auction is the same as buying the asset out of court auction at 11620000yen(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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