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Property information

House: Inami, Wakayama

Asset type
House
Yield
36.8%
Rank
★☆☆☆☆
Bid deadline is 2026/01/29

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Base bid price 1,110,000yen
You can bid above 888,000yen

Location

Location Inami, Wakayama
Traffic access on report(japanese) JR紀勢本線「印南」駅 南方 800m(道路距離) 

Property data

Type Land
Property number 1
Address 和歌山県日高郡印南町大字印南字川口 3204番1
Building number
Registered category Residential land
Actual category
Registered area 83.82m2
Actual area
Zoning Undesignated out of urban plan area
Usage
Type Building
Property number 2
Address 和歌山県日高郡印南町大字印南字川口 3204番地1
Building number 3204-1-3
Registered type Residence
Actual
Registered structure WoodenTile roofedOne-story
Actual
Registered floor area 39.61m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 1981/12
Type Land Not for saleYes
Property number 3
Address 和歌山県日高郡印南町大字印南字川口 3204番9
Building number
Registered category Residential land
Actual category
Registered area 153.21m2
Actual area
Zoning Undesignated out of urban plan area
Usage
Type Land Not for saleYes
Property number 4
Address 和歌山県日高郡印南町大字印南字川口 3204番10
Building number
Registered category Residential land
Actual category
Registered area 99.34m2
Actual area
Zoning Undesignated out of urban plan area
Usage

Numerical data

Base bid price 1,110,000yen Area 39㎡
Cap rate 36.8%
Gross yield 50.6%
Lease demand 3 / 25pt Minimum bid price 888,000yen
Ratio of years passed
to depreciable years
200% Earnest money deposit 222,000yen

Court data

Case number 2025(M)3 Result 2026/02/05
Court Wakayama District Court(Gobo) Start of viewing 2025/12/18
Sale type Sealed bid auction (1 times) Bid period 2026/01/22 ~ 2026/01/29
Sale decision 2026/02/26
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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 1110000yen in court auction is the same as buying the asset out of court auction at 1030000yen(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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