Agricultural Land for Auction in Fukui City
This property is an 800.00 square meter plot of farmland (rice paddy) located in Tokumitsucho, Fukui City, Fukui Prefecture. The land is currently occupied by a tenant, an agricultural cooperative corporation, which holds a leasehold right. The property is situated within an urbanization control area and is also part of an agricultural promotion zone, meaning there are significant development restrictions in place.
A critical requirement for purchase is obtaining a buyer eligibility certificate under the Agricultural Land Law. Prospective buyers must be aware of several important considerations. The boundaries with adjacent land plots are not clearly defined. Furthermore, future levies for land improvement projects are anticipated. There is also a noted risk of unpaid rent from the current occupant, though the specific amount is unknown. These factors contribute to a lower marketability for the property.
The land is designated as '田' (rice field). The building coverage ratio is 60% and the floor area ratio is 200%. The nearest train station is Asu Station on the West Japan Railway Company line, approximately 1,795 meters away, which is about a 22-minute walk.
The auction for this land has concluded. The opening bid price was 260,000 yen, with a required deposit of 70,000 yen.