printout House: Nankoku, Kochi

Asset type
House
Yield
37.5%
Rank
★★☆☆☆
Bid period ended

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Property URL

This property became Withdraw
Bid period ended

Results

Court classification House Sale price -
Result Cancel Number of bidders -
Winner -

Location

Location Nankoku, Kochi
Traffic access on report(japanese) JR土讃線「土佐長岡」駅 南西方 約880m(道路距離) 「鳶ヶ池」バス停 東方 約790m(道路距離)
Reference(japanese) JR土讃線 後免駅 北東方 1.16km 土佐くろしお鉄道ごめん・なはり線 後免駅 北東方 1.16km とさでん交通後免線 後免町駅 北東方 1.26km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 273.54m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 709-1
Registered type Residence Actual -
Registered structure WoodenSlate-roofedroofed2F building Actual -
Registered floor area 1F 84.32m2,2F 65.20m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1988/07

Numerical data

Cap rate 37.5% Area 149㎡
Gross yield 51.6% Base bid price 3,640,000yen
Lease demand 13 / 25pt Minimum bid price 2,912,000yen
Ratio of years passed
to depreciable years
159% Earnest money deposit 728,000yen

Court data

Case number 2023(O)20 Announced 2024/04/12
Court Kochi District Court (Main) Start of viewing 2024/04/12
Sale type Sealed bid auction (1 times) Bid period 2024/05/13 ~ 2024/05/20
Farm land - Result 2024/05/22
Sale decision 2024/06/12 Special sale 2024/05/23 ~ 2024/05/24

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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 3640000yen in court auction is the same as buying the asset out of court auction at 3390000yen(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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