Forest Land Auction in Hitachiomiya, Ibaraki
This property is a 441.0 m² plot of forest and wilderness land located in Hitachiomiya City, Ibaraki Prefecture. The land is currently subject to a court auction with a reserve price of 20,000 yen. The property is listed under the registered land classification of 'wilderness' and is situated outside of any city planning zone, meaning there are no specific zoning regulations applied.
According to the agent's notes and risk analysis, this property presents several significant challenges. The boundary lines on the cadastral map are undetermined, making a detailed survey of the interior of the land difficult. The presence of any buried objects or abandoned materials is unknown, and the detailed topography of the land is unclear. The plot is adjacent to a river and has a partially sloped surface, which introduces potential disaster risks. Furthermore, the land is an irregular shape, which typically results in weaker market demand and limits the pool of potential buyers.
The property is a co-owned share, and the current co-owner is in possession. The auction process carries specific constraints, including no cooperation from the seller and no warranty of title. The property's location is given as Shinosa 257-2, Hisataka, Hitachiomiya City, Ibaraki Prefecture.
