Agricultural Land Auction in Toyohashi, Aichi Prefecture
This listing is for a 626 square meter plot of farmland located at Nishinoura 59, Ishimaki Honcho, Toyohashi City, Aichi Prefecture. The property is currently up for auction with a minimum bid price of 790,000 yen. The land is designated as a field (畑).
Critical information from the agent notes includes several important conditions and risks. The property is subject to the Agricultural Land Law, meaning a purchaser qualification certificate from the Agricultural Committee is required for the buyer. The land is located within both an Urbanization Control Area (市街化調整区域) and an Agricultural Promotion Area (農業振興地域内), making conversion from agricultural use extremely difficult. There is a risk of unclear boundaries with neighboring plots, which may necessitate a survey at the buyer's expense. Outstanding fees to the land improvement district, approximately 14,506 yen plus potential additional charges and late fees, exist and may become the buyer's responsibility. A co-owner is currently occupying and using the land as farmland, which may require negotiation for handover. The site is overgrown with weeds and shrubs, making the current condition difficult to assess and likely requiring cleanup costs. Finally, the property is located within a flood inundation forecast area.
The auction details specify a deposit of 160,000 yen, with a minimum purchase price of 630,000 yen. The bidding deadline is May 20, 2026, with the opening date set for May 27, 2026, and the final sale decision date on July 8, 2026. The plot has a building coverage ratio of 60% and a floor area ratio of 200%.
