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Akiya in Usuki, Oita
$3,947⚖️ Court auction
¥640,000 · minimum bid (売却基準価額) · Built 1966 (60 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 Usuki, Oita

Building
89.17 m²
Size
27 坪
Structure
Wood
Address
臼杵市大字福良字小野道上400番8

Auction details

Minimum bid (売却基準価額)
¥640,000
Min. acceptable bid (買受可能価額)
¥512,000
Deposit (保証金)
¥128,000
Tenure (敷地利用権)
所有権
Bidding (入札期間)
2026-07-21 → 2026-07-28
Bids opened (開札期日)
2026-08-04
Court
大分地方裁判所本庁
Case (事件番号)
大分地方裁判所本庁 令和07年(ヌ)第25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). 臼杵市大字福良字小野道上400番8

Investment snapshot

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

Est. monthly rent
¥54,000
≈ $333/mo
Est. annual rent
¥648,000
≈ $3,997/yr
Gross yield (post-reno)
8.3%
high (verify!)
⚠ 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: 89.17m² × ¥1000/m²/mo × 0.6 age factor (Oita) + ¥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.