printout Land: Wakayama, Wakayama
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- Wakayama, Wakayama [Area map]
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| You can bid above 1,360,000yen |
Location
| Location | Wakayama, Wakayama | |
|---|---|---|
| Traffic access on report(japanese) | ＪＲ和歌山線「布施屋」駅 北方 道路距離 約２．１ｋｍ | |
| Reference(japanese) | ＪＲ和歌山線 千旦駅 北東方 １．７８ｋｍ 阪和線 紀伊駅 南東方 １．９３ｋｍ | |
Property data
| Type | Land(Farm) | Property number | 1 |
|---|---|---|---|
| Address | 和歌山市楠本字外島 ２１６番１ | ||
| Registered category | Rice field | Actual category | |
| Registered area | 1626m2 | Actual area | |
| Zoning | Preserved | Usage | |
| Building to land ratio | 60% | Floor area ratio | 200% |
| Type | Land(Farm) Not for saleYes | Property number | 2 |
|---|---|---|---|
| Address | 和歌山市楠本字外島 ２１６番２ | ||
| Registered category | Rice field | Actual category | |
| Registered area | 991m2 | Actual area | |
| Zoning | Preserved | Usage | |
| Building to land ratio | 60% | Floor area ratio | 200% |
Numerical data
| Cap rate | Area | 2,617㎡ | |
|---|---|---|---|
| Gross yield | Base bid price | 1,700,000yen | |
| Lease demand | 12 / 25pt | Minimum bid price | 1,360,000yen |
| Ratio of years passed to depreciable years |
0% | Earnest money deposit | 340,000yen |
Court data
| Case number | 2024(M)46 | Result | 2025/09/19 |
|---|---|---|---|
| Court | Wakayama District Court (Main) | Start of viewing | 2025/05/16 |
| Sale type | Sealed bid auction (1 times) | Bid period | 2025/09/05 ～ 2025/09/12 |
| Sale decision | 2026/01/09 | Special sale | 2025/09/24 ～ 2025/09/24 |
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Property price for assets not on court auctions does not include miscellaneous purchase expenses of about 7.5%.
Thus buying the asset at 1700000yen in court auction is the same as buying the asset out of court auction at 1580000yen（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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