printout Land: Tosu, Saga

Asset type
Land
Yield
-
Rank
★★☆☆☆
To the bid due44 days left

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Property URL

Base bid price 863,000yen You can bid above 690,400yen
To the bid due 44 days left

Location

Location Tosu, Saga
Traffic access on report(japanese) JR鹿児島本線「久留米」駅 北方 道路距離 約2.3km 最寄バス停「下野中」 北西方 約440m(徒歩約6分)
Reference(japanese) JR鹿児島本線 肥前旭駅 南方 1.47km JR久大本線 久留米駅 北方 1.83km 九州新幹線 久留米駅 北方 1.84km

Property data

Type Land(Farm) Property number 3
Registered category Rice field Actual category -
Registered area 2998m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 60% Floor area ratio 200%

Numerical data

Cap rate - Area 2,998㎡
Gross yield - Base bid price 863,000yen
Lease demand 13 / 25pt Minimum bid price 690,400yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 172,600yen

Court data

Case number 2022(M)26 Announced 2024/03/19
Court Saga District Court (Main) Start of viewing 2024/03/19
Sale type Sealed bid auction (1 times) Bid period 2024/06/13 ~ 2024/06/20
Farm land Result 2024/06/27
Sale decision 2024/09/17 Special sale -
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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 863000yen in court auction is the same as buying the asset out of court auction at 800000yen(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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