printout Mansion: Otsune, Shiga

Asset type
Apartment
Yield
5.5%
Rank
★☆☆☆☆
Bid deadline is 2025/05/20

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Property URL

Base bid price 11,420,000yen
You can bid above 9,136,000yen

Location

Location Otsune, Shiga
Name of building ネオハイツ皇子が丘 same apartment.
Traffic access on report(japanese) JR湖西線「大津京」駅 西方 道路距離 約550m 
Reference(japanese) 京阪石山坂本線 京阪大津京駅 北西方 0.38km

Property data

Type Apartment building Property number 1
Address 大津市皇子が丘一丁目字原 431番地1
Building number 皇子が丘一丁目 431-1-505
Registered type Residence Actual
Registered structure Steelconcrete1 story building Actual
Registered area 5F part 83.66m2 Actual
Layout 3LDK バルコニーwith Balcony Yes
Service fee etc. 25,112 Land right Ownership
Occupant debtor・owner Year/month built 1989/03
Floor 5F / 7階建 Total units 38

Numerical data

Cap rate 5.5% Area 83㎡
Gross yield 7.6% Base bid price 11,420,000yen
Lease demand 17 / 25pt Minimum bid price 9,136,000yen
Ratio of years passed
to depreciable years
76% Earnest money deposit 2,284,000yen

Court data

Case number 2024(O)31 Result 2025/05/27
Court Otsu District Court (Main) Start of viewing 2025/04/22
Sale type Sealed bid auction (1 times) Bid period 2025/05/13 ~ 2025/05/20
Sale decision 2025/06/17 Special sale 2025/05/30 ~ 2025/05/30
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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 11420000yen in court auction is the same as buying the asset out of court auction at 10620000yen(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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