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$25,313For sale
¥4,000,000 · Built 1965 (61 yrs)

8DK Akiya in Kihoku, Mie

Building
123.12 m²
Land
330.57 m²
Size
37.2 坪
Layout
8DK
Access
JR 紀勢 Main Line 紀伊長島 Stn / 30 min walk
Address
三重県北牟婁郡紀北町東長島

Description

価格については相談可. 車庫. 畑あり. (価格に含む) 井戸あり. (ポンプをつければ使用可能/水質検査は問題なし) 紀伊長島ICのすぐ近く.

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). 三重県北牟婁郡紀北町東長島

Investment snapshot

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

Est. monthly rent
¥63,000
≈ $399/mo
Est. annual rent
¥756,000
≈ $4,784/yr
Gross yield (post-reno)
5.6%
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 × ¥1050/m²/mo × 0.5 age factor (Mie) + ¥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.