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Property information

House: Minamitane, Kagoshima

Asset type
House
Yield
70% or more
Rank
★★☆☆☆
Bid deadline is 2026/01/21

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Base bid price 1,620,000yen
You can bid above 1,296,000yen

Location

Location Minamitane, Kagoshima
Traffic access on report(japanese) 西之表港 南方 約34km(直線距離) 

Property data

Type Building
Property number 17
Address 熊毛郡南種子町中之上字轆ノ牧1772番地18
Building number 1772-18
Registered type Garage
Actual
Registered structure steel structuredSlate-roofedroofedOne-story
Actual
Registered floor area 330.32m2
Actual
Layout Others
Land right Others
Occupant Yes
Year/month built 2005/11

Numerical data

Base bid price 1,620,000yen Area 330㎡
Cap rate 70% or more
Gross yield 96% or more
Lease demand 0 / 25pt Minimum bid price 1,296,000yen
Ratio of years passed
to depreciable years
80% Earnest money deposit 324,000yen

Court data

Case number 2025(M)30 Result 2026/01/28
Court Kagoshima District Court(Main) Start of viewing 2025/12/23
Sale type Sealed bid auction (1 times) Bid period 2026/01/14 ~ 2026/01/21
Sale decision 2026/02/18
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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 1620000yen in court auction is the same as buying the asset out of court auction at 1510000yen(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」.

Bid simulation

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Registration tax 0,000yen Liabilities 0,000yen
Eviction etc. 0,000yen Renovations 0,000yen
Others 0,000yen
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Total cost of acquisition 0,000yen

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Projected yield %
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