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 5.5 and 4.0 bids per property. The Average Sales price was 112.2% and 172.1% of the Appraisal Value respectively.
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