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Property information

House: Hoki, Tottori

Asset type
House
Yield
14.7%
Rank
★★★☆☆
Bid deadline is 2025/09/29

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Base bid price 6,650,000yen
You can bid above 5,320,000yen

Location

Location Hoki, Tottori
Traffic access on report(japanese) JR伯備線 岸本駅 南西方 約1.4km(道路距離) こしき公民館前バス停 南東方 約240m(道路距離) 

Property data

Type Land Property number 1
Address 西伯郡伯耆町坂長字宮田ノ峰 208番8
Registered category Residential land Actual category
Registered area 196.55m2 Actual area
Zoning Undesignated out of urban plan area Usage
Type Land Property number 2
Address 西伯郡伯耆町坂長字宮田 223番22
Registered category Residential land Actual category
Registered area 9.31m2 Actual area
Zoning Undesignated out of urban plan area Usage
Type Land Property number 3
Address 西伯郡伯耆町坂長字宮田 223番29
Registered category Residential land Actual category
Registered area 6.86m2 Actual area
Zoning Undesignated out of urban plan area Usage
Type Building Property number 4
Address 西伯郡伯耆町坂長字宮田ノ峰208番地8 Building number 208-8
Registered type Residence Actual
Registered structure WoodenSlate roofed2story building Actual
Registered floor area 1F 50.51m2,2F 46.37m2 Actual
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2019/04

Numerical data

Base bid price 6,650,000yen Area 96㎡
Cap rate 14.7% Gross yield 20.2%
Lease demand 6 / 25pt Minimum bid price 5,320,000yen
Ratio of years passed
to depreciable years
27% Earnest money deposit 1,330,000yen

Court data

Case number 2024(M)14 Result 2025/10/01
Court Tottori District Court(Yonago) Start of viewing 2025/09/01
Sale type Sealed bid auction (2 times) Bid period 2025/09/22 ~ 2025/09/29
Sale decision 2025/10/21
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Analysis data

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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 6650000yen in court auction is the same as buying the asset out of court auction at 6190000yen(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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