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Property information

House: Otaru, Hokkaido

Asset type
House
Yield
70% or more
Rank
★★☆☆☆
Bid deadline is 2026/02/09

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Base bid price 1,210,000yen
You can bid above 968,000yen

Location

Location Otaru, Hokkaido
Traffic access on report(japanese) JR函館本線「小樽」駅 南西方 道路距離 約3.0km 最寄り中央バス停留所「最上橋」 南西方 道路距離 約300m 
Reference(japanese) JR函館本線 南小樽駅 西方 2.71km

Property data

Type Land
Property number 1
Address 小樽市最上二丁目 56番23
Building number
Registered category Residential land
Actual category
Registered area 211.00m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 60%
Floor area ratio 100%
Type Building
Property number 2
Address 小樽市最上二丁目 56番地23
Building number 56-23
Registered type Residence
Actual
Registered structure WoodenZinc-coated steel sheetroofed地下1Fwith2story building
Actual
Registered floor area 1F 72.77m2,2F 21.24m2,地下1F 19.87m2
Actual 1F 72.77m2,2F ca.39.45m2,地下1F 19.87m2
Layout 3LDK-Residence
Land right Ownership
Occupant debtor・owner
Year/month built 1979/09

Numerical data

Base bid price 1,210,000yen Area 132㎡
Cap rate 70% or more
Gross yield 96% or more
Lease demand 7 / 25pt Minimum bid price 968,000yen
Ratio of years passed
to depreciable years
209% Earnest money deposit 242,000yen

Court data

Case number 2025(M)80002 Result 2026/02/12
Court Sapporo District Court(Main) Start of viewing 2026/01/16
Sale type Sealed bid auction (1 times) Bid period 2026/01/30 ~ 2026/02/09
Sale decision 2026/02/18 Special sale 2026/02/16 ~ 2026/02/20
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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 1210000yen in court auction is the same as buying the asset out of court auction at 1130000yen(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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