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Property information

Land: Masuda, Shimane

Asset type
Land
Yield
Rank
☆☆☆☆☆
Bid deadline is 2026/02/13

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Base bid price 2,820,000yen
You can bid above 2,256,000yen

Location

Location Masuda, Shimane
Traffic access on report(japanese) JR山陰本線「益田」駅 東方 道路距離 約1.5km 最寄バス停「合同庁舎前」 西方 道路距離 約600m 
Reference(japanese) JR山口線 益田駅 東方 0.91km

Property data

Type Land
Property number 1
Address 益田市昭和町 ロ1435番3
Building number
Registered category Residential land
Actual category
Registered area 263.03m2
Actual area
Zoning Residential Class II
Usage vacant lot
Building to land ratio 60%
Floor area ratio 200%

Numerical data

Base bid price 2,820,000yen Area 263㎡
Lease demand 2 / 25pt Minimum bid price 2,256,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 564,000yen

Court data

Case number 2025(M)4 Result 2026/02/19
Court Matsue District Court(Hamada) Start of viewing 2026/01/22
Sale type Sealed bid auction (1 times) Bid period 2026/02/06 ~ 2026/02/13
Sale decision 2026/03/11 Special sale 2026/02/20 ~ 2026/02/20
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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 2820000yen in court auction is the same as buying the asset out of court auction at 2620000yen(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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