Scenario: My wife and I are looking at buying a place over 65m2 to start a family. Our budget is only 20Million JPY. Question: We are only interested in properties whose land is freehold. Are our needs realistic? Answer: In the last 6 auctions there have been 2 apartments and 3 buildings fitting your requirements receiving an average of 7.5 and 5.7 bids per property. The Average Sales price was 105.3% and 137.5% of the Appraisal Value respectively.
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