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Akiya in 倉敷市, Okayama
$26,050⚖️ Court auction
¥4,217,000 · minimum bid (売却基準価額) · Built 1994 (32 yrs)

⚖️ This is a court foreclosure auction — not a normal sale.

The headline figure is the court's minimum bid (売却基準価額), not an asking price. Buying at auction means paying a deposit (~20%) up front, bidding during a fixed window, often being unable to inspect inside, and sometimes inheriting existing occupants. Read the court's 3-point set (三点セット) before bidding.

How Japanese court auctions work →

Court auction property in 倉敷市, Okayama

Building
82.36 m²
Size
24.9 坪
Structure
Wood
Address
倉敷市大島字金山40番8

Auction details

Minimum bid (売却基準価額)
¥4,217,000
Min. acceptable bid (買受可能価額)
¥3,373,600
Deposit (保証金)
¥850,000
Tenure (敷地利用権)
所有権
Bidding (入札期間)
2026-08-06 → 2026-08-13
Bids opened (開札期日)
2026-08-20
Court
岡山地方裁判所本庁
Case (事件番号)
岡山地方裁判所本庁 令和08年(ケ)第4号
⚠ Occupied (占有者: 債務者・所有者) — removing an occupant may require a separate court delivery order.

3点セット(物件明細書・現況調査報告書・評価書)は裁判所BITサイトで入手

View on the courts' BIT auction site (3-point set) ↗

出典:不動産競売物件情報サイト(BIT)/裁判所

Location

Approximate location (street-level geocoded via 国土地理院). 倉敷市大島字金山40番8

Investment snapshot

An indicative long-term rental estimate — to compare listings, not an appraisal.

Est. monthly rent
¥66,000
≈ $408/mo
Est. annual rent
¥792,000
≈ $4,893/yr
Gross yield (post-reno)
7.3%
solid
⚠ At this price the property almost certainly needs major renovation before it can rent — the yield above already folds in an estimated renovation budget. The raw price-only yield would look far higher but isn't achievable until that work is done.

Basis: 82.36m² × ¥1150/m²/mo × 0.7 age factor (Okayama) + ¥7M est. renovation. Gross yield = annual rent ÷ (price + est. renovation), before tax, vacancy, and management. Regional rent rates are conservative order-of-magnitude medians (public rent surveys), not a guarantee — rural demand can be thin. Always validate locally before relying on any figure.

Hazard & due diligence

Japan has real flood, landslide, and earthquake exposure that varies street by street. Check the official government hazard maps for this exact location before buying.

Sources: 重ねるハザードマップ (国土地理院) · J-SHIS (防災科研). Always confirm with the seller and municipality.