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Akiya in Katsuragi, Wakayama
$28,477For sale
¥4,500,000 · Built 1981 (45 yrs)

5LDK Akiya in Katsuragi, Wakayama

Building
118.58 m²
Land
290.21 m²
Size
35.9 坪
Layout
5LDK
Access
JR 和歌山 Line 大谷 Stn / 6 min walk
Address
和歌山県伊都郡かつらぎ町大字大谷

Description

告知事項あり Some repairs needed(利用者負担) インスペクション意向有 ※本物件のご案内には. 「かつらぎ町空き家バンク」へのご登録が必要です. Total units: 1

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). 和歌山県伊都郡かつらぎ町大字大谷

Investment snapshot

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

Est. monthly rent
¥71,000
≈ $449/mo
Est. annual rent
¥852,000
≈ $5,392/yr
Gross yield (post-reno)
6.1%
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: 118.58m² × ¥1000/m²/mo × 0.6 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.