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Akiya in Kinokawa, Wakayama
$37,970For sale
¥6,000,000

3DK Akiya in Kinokawa, Wakayama

Building
114.86 m²
Land
325.62 m²
Size
34.7 坪
Layout
3DK
Access
和歌山電鐵貴志川 Line 甘露寺前 Stn / 12 min walk
Address
和歌山県紀の川市貴志川町岸宮

Description

昭和58年築 残置荷物:基本的には現状での引き渡しになります. 付帯物件:倉庫. 車庫 農住共生地区 ※価格相談可能 ※紀の川市空き家バンクへの利用登録が必要です.

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). 和歌山県紀の川市貴志川町岸宮

Investment snapshot

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

Est. monthly rent
¥92,000
≈ $582/mo
Est. annual rent
¥1,104,000
≈ $6,986/yr
Gross yield (post-reno)
7.3%
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: 114.86m² × ¥1000/m²/mo × 0.8 age factor (Wakayama) + ¥9M 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.