printout House: Shimogyo, Kyoto, Kyoto

Asset type
House
Yield
5.7%
Rank
★☆☆☆☆
Bid period ended

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Property URL

Base bid price 18,130,000yen You could bid above 14,504,000yen
Bid period ended

Results

Court classification House Sale price 33,111,010yen
Bid opening Sale Number of bidders 19
Winner qualification Corporation

Location

Location Shimogyo, Kyoto, Kyoto
Traffic access on report(japanese) 京都市営地下鉄烏丸線「五条」駅 西方 道路距離 約450m
Reference(japanese) 京都市営地下鉄烏丸線 四条駅 南西方 0.77km 阪急京都本線 大宮駅 南東方 0.89km 京福電鉄嵐山本線 四条大宮駅 南東方 0.91km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 43.96m2 Actual area -
Zoning Commercial Usage -
Building to land ratio 80% Floor area ratio 700%
Type Building Property number 2
Building number 525-3
Registered type Shop Actual Office
Registered structure WoodenTile roofedOne-story Actual Tiled roofed wooden 2 storey structure
Registered floor area 31.73m2 Actual 1F ca.35m2,2F ca.30m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built -

Numerical data

Cap rate 5.7% Area 65㎡
Gross yield 7.8% Base bid price 18,130,000yen
Lease demand 23 / 25pt Minimum bid price 14,504,000yen
Ratio of years passed
to depreciable years
150% Earnest money deposit 3,626,000yen

Court data

Case number 2023(M)84 Announced 2024/03/19
Court Kyoto District Court (Main) Start of viewing 2024/03/19
Sale type Sealed bid auction (1 times) Bid period 2024/04/04 ~ 2024/04/11
Farm land - Result 2024/04/18
Sale decision 2024/05/08 Special sale 2024/04/26 ~ 2024/04/26

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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 18130000yen in court auction is the same as buying the asset out of court auction at 16870000yen(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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