WB18102701

Basic information

Price: JPY84,000,000-
Land ownership: Freehold
Occupancy: 10/12 occupied
Gross cap rate: 8.84% (If fully occupied)
Property type: Whole Building
No. of floors: 2
Location: 1-7-10 Nishi Hashimoto, Midori-ku, Sagamihara-shi, Kanagawa Pref.
Access: 10 minutes from Hashimoto St. on JR Yokohama/ Sagamihara Lines, Keio Sagamihara Line

Detailed information

Year built: 2007 Floor plan: 1K x 12 (Lofted)
Building area: 199.98m² Land area: 169.48m²
Maintenance: JPY/ month Zoning:  Residential
Annual rent: JPY7,430,000/year Transaction:  Exclusive
Building area ratio: 60% Floor area ratio:  200%
Structure: Wood Road width: 6.0m (Public, West)
Occupancy status:  10/12 occupied

Note:  Rental includes utility easement for TEPCO; 6 minutes to a large superstore, 3 minutes to a convenience store, 8 minutes to Midori-ku Ward office

AucP18102602

Shop with all furnishings (leasehold) in Itabashi-ku now on Auction!

Auction period: November 1, 09:00 am – November 8, 17:00

Basic information

Minimum bid: JPY3,330,00,000- (Deposit: JPY 200,000)
Land ownership: Leasehold (JPY 4,768/month)
Occupancy: Vacant
Gross cap rate: %
Property type: Unit
No. of floors: B1F/ 5
Location: 2-8-2 Shimura, Itabashi-ku, Tokyo
Access: 2 minutes from Shimurai St. on Toei Mita Line

Detailed information

Year built: 1980 Floor plan: Shop with all furnishings
Floor area: 12.54m² (1,704.68m2) Land area: 528.95m²
Maintenance/ Reserve: JPY11,700/ month Zoning:  Commercial/ Residential
Annual rent: JPY Transaction:  Exclusive
Building area ratio: 60% Floor area ratio:  200% (658.8%)
Structure: RC Road width: 10.98m (Public, South)
Occupancy status:  Vacant

Note: Management/ Reserve 11,700 yen/month (2,200 yen for property management, 9,500 yen for reserve for repair); 1% of purchase price for name transfer cost for land lease; Public figure (公図) also available; Minpaku or vacation rental business is prohibited in the building

Google link:  

https://www.google.com/maps?ll=35.776424,139.692533&z=16&t=m&hl=ja&gl=US&mapclient=embed&q=35%C2%B046%2735.1%22N+139%C2%B041%2733.1%22E@35.776424,139.692533

AucP18102601

 Land in Kasama-shi, Igaragi now on Auction!

Auction period: November 1, 09:00 am – November 8, 17:00

 

Basic information

Minimum bid: JPY4,180,000- (Deposit: JPY210,000)
Land ownership: Freehold
Occupancy:
Gross cap rate: %
Property type: Land
No. of floors:
Location: Kasamaa-shi, Ibaragi Prefecture
Access: 8km from Iwama St. on JR Joban Line

Detailed information

Year built: Floor plan:
Building area: Land area: 1,452m²
Maintenance: JPY/ month Zoning:  Type II farmland
Annual rent: JPY Transaction:  Exclusive
Building area ratio: 60% Floor area ratio:  200%
Structure: Road width: 4.5m (Public, Northwest)
Occupancy status:  –

Note: 20 minutes walk from Iwama Interchange of the Joban Expressway; For house, warehouse and solar installations as well as use for farmland; In the vicinity of factory complex and solar installations

Google link:  

https://www.google.com/maps?ll=36.288373,140.328089&z=16&t=m&hl=ja&gl=US&mapclient=embed&q=36%C2%B017%2718.1%22N+140%C2%B019%2741.1%22E@36.288373,140.328089

AucP18102502

Land in Omitama-shi, Igaragi now on Auction!

Auction period: November 1, 09:00 am – November 8, 17:00

 

Basic information

Minimum bid: JPY650,000- (Deposit: JPY 60,000)
Land ownership: Freehold
Occupancy:
Gross cap rate: %
Property type: Land
No. of floors:
Location: Yamano, Omitama-shi, Ibaragi Prefecture
Access: 15km from Takahama St. on JR Joban Line

Detailed information

Year built: Floor plan:
Building area: Land area: 151.12m²
Maintenance: JPY/ month Zoning:  Residential
Annual rent: JPY Transaction:  Exclusive
Building area ratio: 60% Floor area ratio:  200% (320%)
Structure: Road width: 4.0m (Public, North), 4.0m (Public, East)
Occupancy status:  –

Note: Trapezoidal form; Quiet residential area

Google link:  

https://www.google.com/maps?ll=36.172334,140.375636&z=16&t=m&hl=ja&gl=US&mapclient=embed&q=36%C2%B010%2720.4%22N+140%C2%B022%2732.3%22E@36.172334,140.375636

AucP18102501

House in Ito-shi, Shizuoka now on Auction!

Auction period: November 1, 09:00 am – November 8, 17:00

 

Basic information

Minimum bid: JPY990,00,000- (Deposit: JPY 90,000)
Land ownership: Freehold
Occupancy: Vacant
Gross cap rate: %
Property type: House
No. of floors: 2
Location: 3399-215 Usami, Ito-shi, Shizuoka Prefecture
Access: 2.4km from Usami St. on JR Ito Line

Detailed information

Year built: 1972 Floor plan: 2LDK
Building area: 63.76m² Land area: 176m²
Maintenance: JPY10,000/ month Zoning:  Unspecified
Annual rent: JPY Transaction:  Exclusive
Building area ratio: 60% Floor area ratio:  200%
Structure: Wood Road width: 4.0m (Private, Southwest), 4.0m (Private, Southeast)
Occupancy status:  Vacant

Note: Exterior and interior renovated and roof replaced in October 2013; Maintenance costs include reserve for repair and subdivision management; 300,000 yen for facility use

Google link:  

https://www.google.com/maps/place/35%C2%B000’37.8%22N+139%C2%B003’32.4%22E/@35.010507,139.058995,16z/data=!4m5!3m4!1s0x0:0x0!8m2!3d35.010507!4d139.058995?hl=ja 

AucP18102302

House in Satte-shi, Saitama now on Auction!

Auction period: November 1, 09:00 am – November 8, 17:00

Fully renovated in May 2018!

Lofted space available.

Basic information

Minimum bid: JPY14,000,000- (Deposit: JPY 700,000)
Land ownership: Freehold
Occupancy: Vacant
Gross cap rate: %
Property type: House
No. of floors: 2
Location: 2-chome, Kahinata, Satte-shi, Saitama Prefecture
Access: 1.9km from Higashi Saginomiya St. on JR Utsunomiya Line

Detailed information

Year built: 1990 Floor plan: 4LDK
Building area: 117.58m² Land area: 168.71m²
Maintenance: JPY/ month Zoning:  Residential
Annual rent: JPY Transaction:  Exclusive
Building area ratio: 50% Floor area ratio:  80%
Structure: Wood Road width: 12.0m (Public, East), 8.0m (Public, North)
Occupancy status:  Vacant

Note: Both exterior and interior renovated in May 2018; Potential monthly rental of 130-140 thousand yen; Bus stop in front of the property with very frequent services

Google link: https://www.google.com/maps?ll=36.085457,139.698337&z=16&t=m&hl=ja&gl=US&mapclient=embed&q=36%C2%B005%2707.7%22N+139%C2%B041%2754.0%22E@36.085457,139.698337

 

AucP18102301

House in Sayama, Saitama now on Auction!

Auction period: November 1, 09:00 am – November 8, 17:00

Renovation is definitely needed.

Basic information

Minimum bid: JPY1,400,000- (Deposit: JPY 100,000)
Land ownership: Freehold
Occupancy: Vacant
Gross cap rate: %
Property type: House
No. of floors: 2
Location: 1-chome, Sasai, Sayama-shi, Saitama Prefecture
Access: 3km from Sayama St. on Seibu Shinjuku Line, 2km from Iruma St. on Seibu Ikebukuro Line

Detailed information

Year built: 1974 Floor plan: 2KS
Building area: 45.96m² Land area: 59.31m²
Maintenance: JPY/ month Zoning:  Residential
Annual rent: JPY Transaction:  Exclusive
Building area ratio: 60% Floor area ratio:  200%
Structure: Wood Road width: 4.0m (Public, East)
Occupancy status:  Vacant

Note: Kouji Kakaku 80,500 yen/m2; All the items discarded to be removed

Google link:

https://www.google.com/maps/place/35%C2%B051’18.8%22N+139%C2%B022’52.1%22E/@35.855217,139.381131,16z/data=!4m5!3m4!1s0x0:0x0!8m2!3d35.855217!4d139.381131?hl=ja

WB18102302

Basic information

Price: JPY50,700,000-
Land ownership: Freehold
Occupancy: Fully occupied
Gross cap rate: 8.00%
Property type: Whole Building
No. of floors: 3
Location: 1-9-16 Kamogawa, Okegawa-shi, Saitama Pref.
Access: 13 minutes from Okegawa St. on JR Takasaki Line

Detailed information

Year built: 1988 Floor plan: 6 units
Building area: 202.09m² Land area: 181.91m²
Maintenance: JPY/ month Zoning:  Residential
Annual rent: JPY4,056,000/year Transaction:  Exclusive
Building area ratio: 60% Floor area ratio:  200%
Structure: Steel Road width: 4.0m (South), 4.0m (West), 6.0m (North)
Occupancy status:  Fully occupied

Note: 

WB18102301

Basic information

Price: JPY69,800,000-
Land ownership: Freehold
Occupancy: 7/8 occupied
Gross cap rate: 8.73% (If fully occupied)
Property type: Whole Building
No. of floors: 2
Location: 5-8-28 Kikuna, Kouhoku-ku, Yokohama-shi, Kanagawa Pref.
Access: 7 minutes from Kikuna St. on Tokyu Toyoko Line, 8 minutes from Kikuna St. on JR Yokohama Line

Detailed information

Year built: 2006 Floor plan: 1K x 8 (Lofted x 4)
Building area: 134.14m² Land area: 135.17m²
Maintenance: JPY/ month Zoning:  Residential
Annual rent: JPY6,060,000/year Transaction:  Exclusive
Building area ratio: 50% Floor area ratio:  100%
Structure: Wood Road width: 3.0m (Private, Northeast)
Occupancy status:  7/8 occupied

Note: Partially superficies set up; #202 currently vacant; Separate bathroom and toilet

LIFE Design’s New Edge: Qualified Player of NEW Property Auction Market

LIFE Design, the only qualified auction player with capability of liaising with overseas clients

LIFE Design is now entering a local property auction market which is starting up early next month. The market is exclusively open to the members of the local property auction association FKR which has been well known as a foreclosed properties champion.

The new market has nothing to do with auctions associated with foreclosed properties. It only aims to facilitate matching of sellers and buyers for general properties.

LIFE Design is a member of the association and the only qualified player who could liaise with non-resident property clients. We are now working with FKR trying to set up an scheme to have our overseas/ non-resident clients tap the market for low-priced properties.

Several appealing properties now listed for auction starting from the 1st of November

Some properties are already listed, and they are now accepting deposits from participants.

The photos below are for one of the properties on the list for the auctions starting from the 1st of November 2018 (auction period: 1st ~ 8th November).

Minimum auction price: JPY990,000 (Deposit: JPY90,000)

Location: Ito-shi, Shizuoka. Land: 176㎡, Building area: 63.76㎡, 2-floor wooden house

Check the following link for better ideal of the location: https://www.google.com/maps/@35.010507,139.058995,16z?hl=ja 

Carpark is also available.

Let’s get inside!

  

You can enjoy hot spring without additional arrangements or renovation works.

       

Nice view from the terrace!

 

You can check the detailed information on the following page: http://lfd.co.jp/?p=2966

Deposit is required but all will be refunded in case of unsuccessful bid

The minimum auction price is set JPY 990,000 for the property above, and in order to participate in the auction, you are required to make a deposit of JPY90,000 before making a bid. Deposit differs between properties on auctions.

In case of unsuccessful bid, all the deposited 90,000 yen is refunded to the bidder. And the final auction price will not be disclosed to any of the participants except the successful bidder.

But as you may be aware, JPY990,000 is the minimum bidding price NOT the final price of the property. Depending on the popularity of the property or level of competitive bids, it can be doubled, tripled or much higher. Please also bear in mind, transaction costs must be borne by the buyer as with the usual property transactions.

Unlike  foreclosed properties, after the auction, the deal process follows the conventional property transactions. And due to the nature of cash transactions, most of the listings are likely to be under 10 million yen.

More likely to see quality properties than in the auction for foreclosed ones

Final price can be determined much higher than the minimum bid. However, if you have watched the local property market for a while, you may have a sense of better cost-effectiveness in the properties listed on the new auction market. Unlike foreclosed properties which are often associated with lack of maintenance, those on the new auction market tend to be well-maintained.

 

If you are interested in the new property auction market, please feel free to contact us (http://lfd.co.jp/?page_id=25) .