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Property information

House: Shirahama, Wakayama

Asset type
House
Yield
70% or more
Rank
★☆☆☆☆
Bid deadline is 2026/01/23

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Base bid price 4,510,000yen
You can bid above 3,608,000yen

Location

Location Shirahama, Wakayama
Traffic access on report(japanese) JR紀勢本線「白浜」駅 西方 道路距離 約3.5km 

Property data

Type Land
Property number 1
Address 西牟婁郡白浜町字大浦上浜田 2640番1
Building number
Registered category Residential land
Actual category
Registered area 414.14m2
Actual area
Zoning High residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Land
Property number 2
Address 西牟婁郡白浜町字大浦上浜田 2640番4
Building number
Registered category Residential land
Actual category
Registered area 465.19m2
Actual area
Zoning High residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Building
Property number 3
Address 西牟婁郡白浜町字大浦上浜田 2640番地1
Building number 2640-1
Registered type Factory
Actual Factory・Office・Shop・Garage
Registered structure SteelConcrete・steel structuredZinc-coated steel sheetroofed・Flat-roofed4story building
Actual
Registered floor area 1F 128.31m2,2F 325.04m2,3F 325.04m2,4F 264.42m2
Actual 1F 128.31m2,2F ca.345.04m2,3F 325.04m2,4F 264.42m2
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 1965/04
Type Building
Property number 4
Address 西牟婁郡白浜町字大浦上浜田 2640番地4
Building number 2640-4
Registered type Residence
Actual Residence・Warehouse
Registered structure SteelconcreteFlat-roofed4story building
Actual
Registered floor area 1F 206.40m2,2F 206.40m2,3F 206.40m2,4F 41.28m2
Actual 1F ca.203.40m2,2F 206.40m2,3F 206.40m2,4F 41.28m2
Layout Others
Land right Ownership
Occupant Yes
Year/month built 1965/04

Numerical data

Base bid price 4,510,000yen Area 1,062㎡
Cap rate 70% or more
Gross yield 96% or more
Lease demand 1 / 25pt Minimum bid price 3,608,000yen
Ratio of years passed
to depreciable years
127% Earnest money deposit 902,000yen

Court data

Case number 2024(M)14 Result 2026/01/27
Court Wakayama District Court(Tanabe) Start of viewing 2025/12/26
Sale type Sealed bid auction (3 times) Bid period 2026/01/16 ~ 2026/01/23
Sale decision 2026/02/17 Special sale 2026/02/03 ~ 2026/02/03
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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 4510000yen in court auction is the same as buying the asset out of court auction at 4200000yen(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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