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Akiya in Kinokawa, Wakayama
$44,298For sale
¥7,000,000

10DK Akiya in Kinokawa, Wakayama

Building
247.24 m²
Land
832.96 m²
Size
74.8 坪
Layout
10DK
Access
和歌山電鐵貴志川 Line 貴志 Stn / 13 min by car
Address
和歌山県紀の川市桃山町最上

Description

※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). 和歌山県紀の川市桃山町最上

Investment snapshot

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

Est. monthly rent
¥96,000
≈ $608/mo
Est. annual rent
¥1,152,000
≈ $7,290/yr
Gross yield (post-reno)
6.9%
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 × ¥1000/m²/mo × 0.8 age factor (Wakayama) + ¥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.