printout House: Fushimi, Kyoto, Kyoto

Asset type
House
Yield
7.6%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 42,960,000yen You could bid above 34,368,000yen
Bid period ended

Results

Court classification House Sale price 52,819,000yen
Bid opening Sale Number of bidders 7
Winner qualification Corporation

Location

Location Fushimi, Kyoto, Kyoto
Traffic access on report(japanese) 京阪宇治線「観月橋」駅 南東方 道路距離 約850m 近鉄京都線「向島」駅 北東方 道路距離 約1.4km
Reference(japanese) 奈良線 桃山駅 南方 0.96km 京阪宇治線 桃山南口駅 南西方 1.13km 近鉄京都線 桃山御陵前駅 南東方 1.30km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 168.59m2 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 165.28m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 3
Building number 31-1-2
Registered type Residence Actual -
Registered structure WoodenSlate roofed2F building Actual -
Registered floor area 1F 149.50m2,2F 116.00m2 Actual -
Layout Others Land right Ownership
Occupant Yes Year/month built 2019/05

Numerical data

Cap rate 7.6% Area 265㎡
Gross yield 10.5% Base bid price 42,960,000yen
Lease demand 17 / 25pt Minimum bid price 34,368,000yen
Ratio of years passed
to depreciable years
18% Earnest money deposit 8,592,000yen

Court data

Case number 2023(M)72 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 42960000yen in court auction is the same as buying the asset out of court auction at 39960000yen(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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