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Akiya in 竹富町, Okinawa
$97,003⚖️ Court auction
¥15,150,000 · minimum bid (売却基準価額) · Built 1991 (35 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 →

2LDK Court auction property in 竹富町, Okinawa

Building
95.5 m²
Size
28.9 坪
Layout
2LDK
Structure
Reinforced concrete (RC)
Address
八重山郡竹富町字小浜コーキ738番18

Auction details

Minimum bid (売却基準価額)
¥15,150,000
Min. acceptable bid (買受可能価額)
¥12,120,000
Deposit (保証金)
¥3,030,000
Tenure (敷地利用権)
所有権
Bidding (入札期間)
2026-09-30 → 2026-10-07
Bids opened (開札期日)
2026-10-14
Court
那覇地方裁判所本庁
Case (事件番号)
那覇地方裁判所本庁 令和07年(ケ)第40701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). 八重山郡竹富町字小浜コーキ738番18

Investment snapshot

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

Est. monthly rent
¥87,000
≈ $557/mo
Est. annual rent
¥1,044,000
≈ $6,685/yr
Gross yield
6.9%
solid

Basis: 95.5m² × ¥1300/m²/mo × 0.7 age factor (Okinawa). Gross yield = annual rent ÷ (price), 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.