Agricultural Land Auction in Toyohashi, Aichi
This property is a 611 square meter plot of dry field (畑) located in the Ishizuka district of Toyohashi City, Aichi Prefecture. The land is currently up for auction with a base price of 1,020,000 yen. The property is situated within an Urbanization Control Area (市街化調整区域) and an Agricultural Promotion Area (農業振興地域). According to the Farmland Act (農地法), a buyer qualification certificate (買受適格証明書) from the Agricultural Committee and land conversion permission (転用許可) are required for purchase. Non-agricultural use of this land is difficult as the necessary conversion permits have not been obtained.
Several significant risks are noted. The boundary with the neighboring land is unclear, and a survey will be necessary. A tenant is occupying part of the land for the purpose of setting up an advertisement board, but their leasehold right lacks the necessary requirements for enforcement against a new owner (対抗要件がない). The land is also being occupied by a co-owner. Furthermore, there is a height difference with the road on the south side, making access difficult in its current state.
The property has a posted land price of 110,000 yen per square meter. The auction is scheduled, with bidding closing on May 20, 2026, and the final sale decision date set for July 8, 2026. A deposit of 200,000 yen is required to participate, with a minimum purchase price of 820,000 yen.
