Agricultural Land Auction in Tahara City, Aichi Prefecture
This property is a plot of agricultural land located at Hinodecho Uematsu 84, Tahara City, Aichi Prefecture, currently up for auction. The land has a total area of 2,361.0 square meters (approximately 714.2 tsubo). The auction has a base price of 609,000 yen, with a minimum purchase price of 490,000 yen. A deposit of 120,000 yen is required to participate. The bidding deadline is June 10, 2026, with the opening of bids scheduled for June 17, 2026, and the final sale decision date set for August 5, 2026.
Critical agent notes highlight significant legal and usage complications. The land is classified as farmland, requiring a certificate of eligibility for purchase from the Agricultural Committee. A portion of the land is illegally occupied by an acquaintance of the debtor without permission under the Agricultural Land Law. The boundaries with adjacent plots are unclear in some areas. Part of the land is used as a private road, with no formal arrangements for right-of-way. There is a possibility that a glass greenhouse on the neighboring property encroaches onto this land. Utility poles are present on the site, but the entity responsible for collecting usage fees is unclear. Past agreements with a farmers' association are also ambiguous, which could impact future use.
The property is located within an Urbanization Control Area and an Agricultural Promotion Zone, severely restricting construction and changes in land use. It is also situated within a Tsunami Disaster Alert Zone. The land is assessed with a medium flood risk and a low landslide risk. Given the complex legal issues, occupation status, and usage restrictions, this auction presents a high-risk investment opportunity suitable only for buyers who can thoroughly navigate these challenges.