Foreclosure Property in Matsuyama, Ehime: Land with Occupied Residential/Office Building
This is a foreclosure auction property located at Higashino 5-chome, Matsuyama City, Ehime Prefecture. The lot includes an existing wooden, slate-roofed, two-story building registered as a residence and office. The building was constructed in December 1992 (Heisei 4). The total floor area is 228.78 square meters, situated on a land parcel of 331.45 square meters.
Critical agent notes highlight several important risk factors. The land boundaries have unclear sections. A road setback requirement reduces the usable land area. The building lacks a record of a final completion inspection, which may impact future building confirmation or renovation applications. The current occupant is the building's owner, who is also one of the co-owners of the land. Therefore, vacating the property will require legal procedures such as an eviction order. The condition of the building's attached equipment has not been verified.
The property is located in a Category I Low-Rise Exclusive Residential Zone with a building coverage ratio of 50% and a floor area ratio of 80%. The nearest station is Kita-Kume on the Iyotetsu line, approximately a 25-minute walk (1,989 meters) away. The auction has a base sale price of 9,710,000 yen, with a required deposit of 1,940,000 yen for bidding. The bidding deadline is April 16, 2026, with the opening date set for April 23, 2026.
