Property Overview: Land and Building in Marugame, Kagawa
This property consists of a parcel of residential land and a two-story wooden building located in Marugame City, Kagawa Prefecture. The land has a registered area of 181.24 square meters and is situated in an area designated as undecided within the urban planning zone. The building-to-land ratio is 70 percent, and the floor area ratio is 200 percent.
The property includes a two-story building with a wooden structure and an alloy-plated steel sheet roof. The registered floor area is 47.48 square meters on the first floor and 52.99 square meters on the second floor, totaling 100.47 square meters. The layout is classified as "Others." The building was constructed in June 2017, making it relatively new. The land rights are ownership type.
The property is being offered through a court auction by the Takamatsu District Court. The base bid price is 12,300,000 yen, and the minimum bid price is 9,840,000 yen. The gross yield is listed at 9.4 percent, and the capitalization rate is 6.8 percent. The earnest money deposit required is 2,460,000 yen. The bid deadline is June 19, 2026. The property is located in the Imazu-cho area of Marugame, approximately 1.8 kilometers southeast of JR Yosan Line Marugame Station. Access details are provided in Japanese within the court report.
