printout Mansion: Chigasaki, Kanagawa

Asset type
Apartment
Yield
5.2%
Rank
★☆☆☆☆
To the bid due6 days left

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Base bid price 9,139,000yen You can bid above 7,311,200yen
To the bid due 6 days left

Location

Location Chigasaki, Kanagawa
Name of building ホームタウン茅ケ崎5号棟 same apartment.
Traffic access on report(japanese) JR東海道本線「茅ケ崎」駅 北西方 約2.1km(道路距離) 最寄バス停「鶴嶺小学校前」 至近
Reference(japanese) JR相模線 茅ケ崎駅 西方 1.86km

Property data

Type Apartment building Property number 1
Building number 下町屋三丁目1-3
Registered type Residence Actual -
Registered structure SteelconcreteShingle sand asphalt etc. roofing2F building Actual -
Registered area 1F 40.38m2,2F 41.53m2 Actual -
Layout 3LDK Balcony Yes
Service fee etc. 22,000 Land right Ownership
Occupant debtor・owner Year/month built 1980/08
Floor 1F and 2F Total units 5
Type Building Share sale Property number 2
Building number 1-3-9
Registered type Conference hall Office Actual -
Registered structure SteelconcreteShingle sand asphalt etc. roofing3story building Actual -
Registered floor area 1F 92.23m2,2F 34.60m2,3F 4.07m2 Actual -
Layout Others Land right Others
Occupant Yes Year/month built 1980/08

Numerical data

Cap rate 5.2% Area 81㎡
Gross yield 7.2% Base bid price 9,139,000yen
Lease demand 19 / 25pt Minimum bid price 7,311,200yen
Ratio of years passed
to depreciable years
91% Earnest money deposit 1,827,800yen

Court data

Case number 2023(M)56 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 9139000yen in court auction is the same as buying the asset out of court auction at 8500000yen(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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