printout Mansion: Konan, Yokohama, Kanagawa

Asset type
Apartment
Yield
8.0%
Rank
★★★☆☆
To the bid due7 days left

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Base bid price 9,560,000yen You can bid above 7,648,000yen
To the bid due 7 days left

Location

Location Konan, Yokohama, Kanagawa
Name of building シティクレスト横浜上永谷1番街 same apartment.
Traffic access on report(japanese) 横浜市営地下鉄ブルーライン「上永谷」駅 南東方 約1km(道路距離)
Reference(japanese) 横浜市高速鉄道1号線・3号線 港南中央駅 西方 1.11km 京急本線 上大岡駅 南西方 2.00km

Property data

Type Apartment building Property number 1
Building number 日野三丁目377-5-617
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 6F part 62.72m2 Actual -
Layout 3LDK Balcony ca.9.14m2
Service fee etc. 22,140 Land right Ownership
Occupant debtor・owner Year/month built 1992/12
Floor 6F Total units 139

Numerical data

Cap rate 8.0% Area 62㎡
Gross yield 11.0% Base bid price 9,560,000yen
Lease demand 24 / 25pt Minimum bid price 7,648,000yen
Ratio of years passed
to depreciable years
65% Earnest money deposit 1,912,000yen

Court data

Case number 2023(M)155 Announced 2024/03/28
Court Yokohama District Court (Main) Start of viewing 2024/03/28
Sale type Sealed bid auction (1 times) Bid period 2024/05/07 ~ 2024/05/14
Farm land - Result 2024/05/21
Sale decision 2024/06/03 Special sale 2024/05/27 ~ 2024/05/27
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!Notice for foreigner!
  1. All the properties posted to this website arereal estate sold based on the Japanese law, and the point of contact for it is the court.
  2. The court dose not involve in the availabilit, state, and hand over the property. Therefore, please keep in mind that it would be impossible the trading without the agent.
  3. If the propery's base bid price is low there is possibility that the bid target could be a part of sheres of coownership or there is amount of administrative expenses delinquent (the highest bidder should pay for it) . So that most of case that the highest bidder can not use the property even if he/she purchase it or the large coste may occur with additional. Therefore we do not support the auction the base bidding price is under 1,000,000yen.
  4. The estimated purchase price is approximate 15 to 20% off market price in urban area. In case of suburb or resort are, the purchase price could be at less than half the market price.
  5. Those who do not have a certificate of residence in Japan, it may take more than a month to prepare it.
  6. Those who do not have a bank account in Japan's financial institution can not basically participate in bidding. Or you can use the Agent's account by paying a extra fee.
  7. It is extremely difficult for foreigners to use loans. If you have a certificate of residence in Japan, you can use it, however please take responsibility at your own risk.

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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 9560000yen in court auction is the same as buying the asset out of court auction at 8890000yen(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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