Spotlight & Price Drops

The property is a 428 sqm field (registered as rice paddy) in Hirosaki City, currently occupied by the owner as bare land. It is subject to the Agricultural Land Act, requiring an agricultural qualification certificate and lacking a conversion permit, severely restricting its use. Challenges include difficult access from public roads and undeveloped utilities, making it a high-risk investment.

Property No. 2 is a 1,846 sqm land parcel located in Hirosaki City, Aomori Prefecture. Although currently undeveloped (wilderness), it is registered as agricultural land, requiring an acquisition eligibility certificate and Agricultural Committee approval under agricultural land laws. Situated in an urbanization control area with development restrictions and limited direct access from the main road, this property presents significant investment challenges.

This auction offers two adjacent plots of miscellaneous land (currently wilderness) in Oirase Town, Kamikita-gun, for a bulk sale. The owner occupies the bare land, and there are no statutory superficies or other third-party rights to be assumed by the buyer. Potential investors should be aware of risks such as the possibility of a buried cultural property site, ambiguities regarding a publicly recorded town road, and the inherent weak marketability of wilderness land.

Properties 1 and 2 are miscellaneous land located in Hachinohe City, Aomori Prefecture, currently used by the owner as a material storage yard. Situated in an Urbanization Control Area, it is a large flag-pole shaped plot with undeveloped infrastructure (no public water, gas, or sewage connections), posing significant development restrictions. There are no statutory leasehold rights or third-party rights to be borne by the buyer, and a shed on the property is included in the auction.

This property is residential land with an unregistered building subject to statutory superficies, occupied by the debtor and other heirs. The building's ownership is complex, making handover potentially time-consuming and costly. It is located in a flood risk area and has a setback requirement for the south road.

This is an auction property in Towada City, comprising a 49-year-old house and land. The owner is currently occupying the property, and there is an unregistered extension on the first floor. Multiple risk factors, including shared water pipes and potential asbestos, necessitate thorough investigation and action.

This property consists of land and a building, occupied by the debtor and their spouse (the building is co-owned). The spouse holds a gratuitous loan for use right for the land, and the building potentially contains asbestos. The property is also a flagpole lot. With a short remaining economic useful life, shared ownership, use rights, and asbestos risk, this investment presents multiple high-risk factors.

This is a bundled auction of a detached house (Property 2) and its land (Property 1), currently occupied by a tenant. The tenant's leasehold is subordinate to the mortgage, but there is a 6-month grace period for handover from the payment date. Located in an industrial zone with potential asbestos and inundation risks, requiring thorough due diligence for investment decisions.

The main building of Property 6 is unlawfully occupied by the deceased occupant's estate, while the land and auxiliary buildings are occupied by the debtor and a corporate entity under a gratuitous loan for use. The auxiliary building has a leaky roof, and the main building is in poor maintenance. The property lacks public sewage, relies on well water, and contains numerous movable properties. High investment risk due to complex occupancy, unclear boundaries, location in an urbanization control area, and the psychological stigma of a death on the premises.

This property is a package sale of an owner-occupied detached house and land. The land is a provisional substitute plot within a land readjustment project, introducing uncertainty regarding its final form, area, and compensation. The building is approximately 5 years old and in 'slightly inferior' condition, but the occupant eviction order system is available for possession.

The property is an agricultural field within an agricultural promotion area, with a portion cultivated by occupants without Agricultural Land Act permission. Boundaries with adjacent land are unclear, and the access road's form is uncertain; a certificate of eligibility for purchase is required. Residential development or new house construction is difficult, and the handover from occupants may be delayed due to crop harvesting.

This property is agricultural land, requiring a certificate of eligibility for purchase under agricultural land regulations, and conversion permission has not been obtained. It is occupied by a sublessee (occupant), and while lease termination is in progress, securing vacant possession may take time. Unclear boundaries with adjacent lands and a portion used as a public road present multiple investment risks.

This property is an auction of a shared land interest and a 4th-floor condominium unit (3DK) in a 45-year-old building. The property is occupied by the owner (bankruptcy trustee), and there are approximately 110,000 JPY in overdue management fees and reserve funds. Multiple risk factors exist, including no elevator, interior damage, outdated facilities, and potential asbestos.

This property is a bulk sale of three land parcels and a 53-year-old residential building (Property 4). The building is dilapidated with a short remaining economic useful life and 'somewhat poor' maintenance. Reconstruction may be subject to restrictions regarding road access and setback requirements, necessitating careful consideration.

An apartment building in Okayama City, Kita Ward, occupied by the debtor and multiple tenants, some with unknown lease terms, posing challenges for possession. The property features an unregistered extension on the 1st floor and unclear land boundaries, necessitating further investigation and action. The 36-year-old building has a short remaining economic useful life of 4 years and is in slightly poor condition, requiring consideration of future repair and renovation costs.

This is a bulk sale of a light steel-frame two-story residential house and land (total 3 parcels) located in Ishida, Hannan City, Osaka Prefecture. Occupants are present, but their right of occupancy cannot be asserted against the buyer, requiring a petition for a delivery order. There are risk factors such as unclear land boundaries, potential asbestos, age-related deterioration of the building, and a flag lot configuration, necessitating detailed investigation and cost estimation.

This property, occupied by the debtor, features a severely dilapidated building that is uninhabitable and requires demolition. The land has a significant height difference with dangerous approach stairs, an unclear northern boundary, and is located in a sediment disaster warning area. It is a high-risk investment requiring substantial costs for debris removal, demolition, boundary demarcation, and potential sediment disaster mitigation.

This is a 39-year-old, 3LDK condominium unit on the first floor in Minami-ku, Okayama City, currently vacant and occupied by the owner. Significant arrears in management fees (529,775 JPY), an aging building, and poor maintenance of the exclusive-use part are noted. Investment carries multiple risks, including no elevator and full on-site parking.

This is an owner-occupied detached house. Its economic useful life has expired, and there is a possibility of non-friable asbestos-containing building materials, necessitating a specialized survey. Building management and green space agreements by the Minamikamo-dai Residents' Association require attention.

This is a bundled auction property in Kyoto's Kita Ward, consisting of residential land, a house, and a public road. The house is occupied by a co-owner, and a delivery order procedure will likely be required. There are high legal risks, including the possibility of exceeding building coverage and floor area ratios, an unknown building permit status, and potential asbestos presence.

This property is an owner-occupied, two-story wooden house in "ordinary" condition. There is an undocumented second-floor extension, posing a risk of being an unregistered addition. The land is designated as a buried cultural property site, and other risks include potential animal odor and an irregular land shape.

This property is occupied under a gratuitous loan for use, which may incur time and cost for handover. The 36-year-old building is severely dilapidated with cat damage, water leaks, and animal odor, requiring major renovation or demolition. With potential cliff ordinance application and exceeding building coverage ratio, this is a high-risk property with restrictions and additional costs for rebuilding.

The property, currently occupied by the owner, has severe damage and animal odor due to cats, making restoration to a normal state difficult. Access to some land parcels requires passing through third-party land, and boundaries with adjacent properties are unclear. There is also a possibility of asbestos-containing materials, requiring expert investigation.

This is a condominium unit offered for auction by the Osaka District Court. The property is currently owner-occupied as a vacant house, with significant outstanding management fees and other charges totaling approximately 715,000 JPY. Built approximately 55 years ago, it shows age-related deterioration and has a potential risk of asbestos, requiring careful consideration of additional costs.

This property is miscellaneous land located in an agricultural promotion area in Numata City, Tone-machi, originally registered as "paddy field". It is occupied by the owner, with construction materials and waste left on the land, and overgrown with weeds. Conversion to non-agricultural use requires permission under the Agricultural Land Act, with potential for restoration orders and soil contamination surveys, making it a difficult-to-sell property with no bids in previous auctions.

This property is a 2-year-old residential house occupied by the owner (debtor A). The land and building are co-owned (debtor A 75%, co-owner B 25%), making ownership rights complex for the buyer. There are risks of additional costs and procedures related to solar panels on the roof, removal of remaining items, and a setback obligation for the access road.

The property is occupied by the debtor and building owner, who uses the land gratuitously, necessitating an eviction order. The second floor of the building has extensive contamination from dog waste, requiring significant renovation costs. The permit for the access bridge over the water channel has expired, potentially imposing width restrictions for future rebuilding.

This property is an owner-occupied residence with statutory superficies established, leading to a reduced land valuation. It includes an unregistered extension of approximately 1.86 square meters and shows signs of aging, such as deteriorated interior walls and past (repaired) rain leakage. Located in an Urbanization Control Area with building restrictions, requiring thorough due diligence for investment.

A 52-year-old apartment building in Amagasaki City, Hamacho 3-chome. The land lacks legal road access, posing a significant challenge for rebuilding. Four units are tenant-occupied, while the remaining vacant units are severely dilapidated and require extensive renovation. Potential issues include unclear boundaries and the possibility of asbestos, necessitating careful consideration for investment.

This is an apartment building offered for auction by the Nagoya District Court. The 36-year-old building is significantly deteriorated, with some units requiring extensive repairs. Multiple occupants hold leasehold rights, some of which are enforceable against the buyer, indicating potential time and cost for possession.

This property is a condominium unit located in Shintomi 2-chome, Chuo-ku, Tokyo. It is occupied by the owner company's representative, who claims a leasehold right, but the enforcement officer deems this claim invalid against the buyer. There are arrears in management fees, and a petition for a delivery order (eviction) may be necessary.

Unit 104 of a condominium in Ukigawa-cho, Takasaki City, currently occupied by the owner with substantial outstanding management fees. The unit has minor defects, tobacco odor, and potential noise issues; a delivery order will likely be needed for vacant possession. The property's land is a buried cultural property site, requiring notification for future excavation work.

This is a 49-year-old, 3-story steel-frame office/retail building located in a central commercial area of Takaoka City. The building is significantly dilapidated, urgently requiring extensive repairs and maintenance. A portion of the first floor is occupied by a tenant, meaning the buyer will inherit leasehold rights and a security deposit refund obligation, along with a claim from the occupant for renovation costs, presenting multiple investment risks.

A 3-story wood and steel frame residential property in Ueda City, Tenjin 4-chome, is offered for auction. The co-owner currently occupies the property. Key risks include the uncertain free usage rights for adjacent land for access/parking and an uninspected underground storage area.