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Property information

House: OmiHachiman, Shiga

Asset type
House
Yield
17.8%
Rank
★★☆☆☆
Bid deadline is 2026/01/20

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Base bid price 8,370,000yen
You can bid above 6,696,000yen

Location

Location OmiHachiman, Shiga
Traffic access on report(japanese) JR東海道本線 近江八幡駅 北西方 道路距離 約1400m 
Reference(japanese) 近江鉄道八日市線 近江八幡駅 北方 1.18km

Property data

Type Land
Property number 1
Address 近江八幡市出町 137番7
Building number
Registered category Residential land
Actual category
Registered area 202.90m2
Actual area
Zoning High residential Class II
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Building
Property number 2
Address 近江八幡市出町137番地7
Building number 137-7
Registered type Residence
Actual
Registered structure WoodenCement tile roofedroofed2story building
Actual
Registered floor area 1F 77.42m2,2F 71.32m2
Actual
Layout Others
Land right Ownership
Occupant Yes
Year/month built 1990/03

Numerical data

Base bid price 8,370,000yen Area 148㎡
Cap rate 17.8%
Gross yield 24.5%
Lease demand 16 / 25pt Minimum bid price 6,696,000yen
Ratio of years passed
to depreciable years
159% Earnest money deposit 1,674,000yen

Court data

Case number 2025(M)3 Result 2026/01/26
Court Otsu District Court(Hikone) Start of viewing 2025/12/08
Sale type Sealed bid auction (1 times) Bid period 2026/01/13 ~ 2026/01/20
Sale decision 2026/02/16 Special sale 2026/02/02 ~ 2026/02/02
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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 8370000yen in court auction is the same as buying the asset out of court auction at 7790000yen(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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