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Property information

House: Kinokawa, Wakayama

Asset type
House
Yield
70% or more
Rank
★★☆☆☆
Bid deadline is 2026/05/15

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Base bid price 1,180,000yen
You can bid above 944,000yen

Location

Location Kinokawa, Wakayama
Traffic access on report(japanese) 和歌山電鐵貴志川線「貴志」駅 東方 道路距離 約1.6km 
Reference(japanese) 和歌山電鐵貴志川線 甘露寺前駅 東方 2.28km

Property data

Type Land
Property number 1
Address 和歌山県紀の川市貴志川町岸小野字南垣内 166番
Building number
Registered category Residential land
Actual category
Registered area 1093.72m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Building
Property number 2
Address 和歌山県紀の川市貴志川町岸小野 166番地
Building number 166-
Registered type Residence
Actual
Registered structure WoodenTile roofedOne-story
Actual
Registered floor area 178.51m2
Actual ca.207m2
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built
Type Building
Property number 3
Address 和歌山県紀の川市貴志川町岸小野字南垣内 166番地
Building number 166-1
Registered type Warehouse
Actual
Registered structure steel structuredSlate-roofedroofed2story building
Actual
Registered floor area 1F 108.15m2,2F 47.77m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 1971/03
Type Land(Farm)
Property number 4
Address 和歌山県紀の川市貴志川町岸小野字南垣内 167番1
Building number
Registered category Farm
Actual category Other land、Part farm
Registered area 182m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Building
Property number 5
Address 和歌山県紀の川市貴志川町岸小野字南垣内 167番地1
Building number 167-1
Registered type Storage
Actual
Registered structure WoodenZinc-coated steel sheetroofedOne-story
Actual
Registered floor area 16.22m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 1980/01

Numerical data

Base bid price 1,180,000yen Area 207㎡
Cap rate 70% or more
Gross yield 96% or more
Lease demand 11 / 25pt Minimum bid price 944,000yen
Ratio of years passed
to depreciable years
190% Earnest money deposit 236,000yen

Court data

Case number 2024(M)57 Result 2026/05/22
Court Wakayama District Court(Main) Start of viewing 2025/12/19
Sale type Sealed bid auction (2 times) Bid period 2026/05/08 ~ 2026/05/15
Sale decision 2026/09/04 Special sale 2026/05/27 ~ 2026/05/27
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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 1180000yen in court auction is the same as buying the asset out of court auction at 1100000yen(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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