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Property information

House: Shirahama, Wakayama

Asset type
House
Yield
55.2%
Rank
★☆☆☆☆
Bid deadline is 2026/01/23

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Base bid price 1,260,000yen
You can bid above 1,008,000yen

Location

Location Shirahama, Wakayama
Traffic access on report(japanese) JR紀勢本線「紀伊富田」駅 北東方 道路距離 約4km 

Property data

Type Land Share sale
Property number 1
Address 西牟婁郡白浜町庄川字五反切 340番2
Building number
Registered category Residential land
Actual category
Registered area 166.57m2
Actual area
Zoning Others
Usage
Building to land ratio 60%
Floor area ratio 200%
Share 3分-2
Type Building Share sale
Property number 2
Address 西牟婁郡白浜町庄川字五反切 340番地2
Building number 340-2
Registered type Residence
Actual
Registered structure WoodenTileZinc-coated steel sheetroofed2story building
Actual
Registered floor area 1F 71.49m2,2F 42.99m2
Actual
Layout Others
Land right Ownership・Others
Occupant Yes
Year/month built 1979/07

Numerical data

Base bid price 1,260,000yen Area 114㎡
Cap rate 55.2%
Gross yield 75.9%
Lease demand 1 / 25pt Minimum bid price 1,008,000yen
Ratio of years passed
to depreciable years
209% Earnest money deposit 252,000yen

Court data

Case number 2025(O)2 Result 2026/01/27
Court Wakayama District Court(Tanabe) Start of viewing 2025/12/26
Sale type Sealed bid auction (1 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 1260000yen in court auction is the same as buying the asset out of court auction at 1170000yen(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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