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Many expatriate transferees and their family members, at first reluctant to come for a posting, often find themselves unhappy to leave! Expats find Japan, although very transient for the international community, to be rewarding from a social aspect, and career-wise. The opportunities to make friends hailing from various parts of the globe is very appealing and parents have to worry little of their children outside of comfort zones as back home. Children and parents often find the international schools to be very conducive to educational social and emotional growth.
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Mizushima Int'l. Co. Ltd. is highly committed to give customer satisfaction throughout the bidding and purchasing cycle of foreclosed properties. Since we are only two businessmen who do all the tasks, We operate our company in more practical and less-expensive way. Our customer's don't need to bother on administrative fees and staffing fees. We would like to cut the unnecessary expenses as much as possible. Enjoy Our minimum service fee of JPY 250,000 (research and coordination fee) + 6% of the property purchase amount.
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1 Bedroom Mansion in Yokohama City

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Bidding Duration: January 6, 2010 to January 13, 2010
Bidding Opening Day: January 20, 2010
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Nearest station from the foreclosed property:
1) Keihinkyukouhonsen koganecho station -> 0.32 Kilometers
2) Yokohama shiei subway blue line Bandoubashi station -> 0.32 Kilometers
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PROPERTY DETAILS:
Bargain Selling Price: JPY 2,940,000
Possible Purchase Price: JPY 2,352,000
Category: 1 bedroom mansion
Property No. : Yokohama city naka-ku, sueyoshichou 3 chome
Room No.: 307
Room Floor area: 25.38 square meters
Property management fees: JPY 15,260
Date Constructed: 1989
Arrears of Property management fees: JPY 500,000
Current rental fee: JPY 75,000
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Facts about this property:
You can go to yokohama station from bandoubashi station within 10 minutes.
Yokohama station is the most famous urban station in kanagawa prefecture. There are a lot of offices, department stores and commercial buildings near the place. So, it is not difficult to find tenant for this mansion.
The current rental fee is higher than the expected rent amount which is about JPY 65,000. As of now, there is a tenant on this property paying a monthly rental fee of JPY 75,000. During the visit of the court house officer there is a couple currently residing on this property.
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This is result of opening.
Winning amount was ５，１７０，０００ yen.
In this case, yield rate should be
(JPY 65,000 - JPY 16,000) x 12/5170000 yen =11 percent
Even if buyer pays 500000 yen to renovate the room ,she can get enough profit.
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Photos




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