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Akiya in Kurayoshi, Tottori
$22,149For sale
¥3,500,000 · Built 1968 (58 yrs)

5K Akiya in Kurayoshi, Tottori

Building
97 m²
Land
130.9 m²
Size
29.3 坪
Layout
5K
Access
JR 山陰 Main Line 倉吉 Stn / 車3.2km
Address
鳥取県倉吉市下田中町

Description

保育園(約920m). 公立小学校(約370m). 公立中学校(約1.5km). 郵便局(約990m). スーパー(約350m). コンビニ(約280m). 病院(約1.1km). 温泉(約13.3km)

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). 鳥取県倉吉市下田中町

Investment snapshot

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

Est. monthly rent
¥52,000
≈ $329/mo
Est. annual rent
¥624,000
≈ $3,949/yr
Gross yield (post-reno)
5.5%
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: 97m² × ¥900/m²/mo × 0.6 age factor (Tottori) + ¥8M 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.