Today’s listing is an interesting one because the seller hasn’t decided a sale price yet.
Since a market price for same size in the same apartment, it is 4.7M~4.8M yen as shown below.
In order to get 10% net yield (annual rent income/sale price), I can try to negotiate the price starting from 3.5M yen so if you want to try at 3.5M yen please inquire me.
Please check the details below.
Name: Daina Court Liberty In Kurume (ダイナコートリバティーイン久留米）
Price: 3,500,000 Yen ≒ 26,795 USD
Size: 38.02 sqm ≒ 409 sqf
→ 65 usd/sqf
Google map: https://goo.gl/maps/16uKZWi7UQRQGYP68
Access: 9 mins walk to 津福 station
Structure: Steel and Reinforced Concrete
Land Rights: Freehold
Number of total units: 50
No.of Floor: 11F
Unit Floor: 5F
Built Year: March 1992
Building Management/Maintenance Fee: 11,700 yen/month
Type of unit: 1LDK
Size: 38.02 sqm
Balcony: Need to confirm
Rent: 43,000 yen/month
Other: Toilet and Bathroom separated, Space for washing machine in the room
(Detail of lease contract)
Need to confirm
Please click the link below to see some photos of other rooms in the same apartment for your reference↓
In the calculation table, you can see the rough total cost of purchasing a property and what kind of expense you need to pay for every month.
I mentioned about our property management in the calculation table. It is 5% of rent and included rent collection, basic tax handling, complaints handling.
If you are interested in this property, please inquire me as soon as you can!!
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