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Akiya in Minamiawaji, Hyogo
$50,627For sale
¥8,000,000 · Built 1975 (51 yrs)

3DK Akiya in Minamiawaji, Hyogo

Building
120.62 m²
Land
296.93 m²
Size
36.5 坪
Layout
3DK
Address
兵庫県南あわじ市榎列上幡多

Description

建物について多少の補修が必要です. ※内覧の際は南あわじ市空き家バンク利用者登録が必要です. ※詳細については. 担当仲介業者までお願いいたします.

View original listing on the akiya bank ↗

出典:全国版空き家・空き地バンク(アットホーム運営)

Location

Approximate location (street-level geocoded via 国土地理院). 兵庫県南あわじ市榎列上幡多

Investment snapshot

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

Est. monthly rent
¥108,000
≈ $683/mo
Est. annual rent
¥1,296,000
≈ $8,201/yr
Gross yield (post-reno)
7.4%
solid
⚠ At this price the property almost certainly needs major renovation before it can rent — the yield above already folds in an estimated renovation budget. The raw price-only yield would look far higher but isn't achievable until that work is done.

Basis: ≤120m² × ¥1500/m²/mo × 0.6 age factor (Hyogo) + ¥10M est. renovation. Gross yield = annual rent ÷ (price + est. renovation), 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.