Agricultural Land Auction in Kisoasahimachi, Mie Prefecture
This property is a 335-square-meter plot of fallow farmland located at 110 Miiru, Kisoasahimachi, Kuwana District, Mie Prefecture. The land is currently overgrown with weeds. The auction is being conducted by the Tsu District Court, Yokkaichi Branch, under case number Reiwa 07 (Ke) No. 33.
Purchasing this land requires a "Buyer Qualification Certificate" as stipulated by the Agricultural Land Law. The buyer will also inherit an outstanding land improvement assessment fee of 22,307 yen. The plot is designated within both an Urbanization Control Area and an Agricultural Promotion Area's Agricultural Zone, imposing strict restrictions on construction and other non-agricultural uses. This represents a high-risk investment. The land borders are partially unclear, and the location is within a sea-level zero-meter zone, indicating potential flood risk. As farmland, its marketability is limited.
The property is listed for auction with a base price of 140,000 yen. The estimated transaction price is 180,000 yen, representing a 30% premium over the base price. The bidding deadline is May 14, 2026. A deposit of 30,000 yen and a minimum purchase price of 110,000 yen are required. The opening date is May 20, 2026, with the final sale decision date set for July 6, 2026. The land is zoned for fields (畑) with a building coverage ratio of 60% and a floor area ratio of 200%.
