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$22,149For sale
¥3,500,000 · Built 1987 (39 yrs)

5LDK Akiya in Kihoku, Mie

Building
116.75 m²
Land
147.94 m²
Size
35.3 坪
Layout
5LDK
Access
JR 紀勢 Main Line 三野瀬 Stn / 5 min by car
Address
三重県北牟婁郡紀北町古里

Description

• 海抜(標高):8.3m • 各面積は登記上につき. 現況を優先とします

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). 三重県北牟婁郡紀北町古里

Investment snapshot

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

Est. monthly rent
¥86,000
≈ $544/mo
Est. annual rent
¥1,032,000
≈ $6,531/yr
Gross yield (post-reno)
8%
high (verify!)
⚠ 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: 116.75m² × ¥1050/m²/mo × 0.7 age factor (Mie) + ¥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.