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$15,620For sale
¥2,500,000 · Built 1976 (50 yrs)

4DK Akiya in Hirokawa, Wakayama

Building
65.68 m²
Land
118.24 m²
Size
19.9 坪
Layout
4DK
Access
JR 紀勢 Main Line 広川ビーチ Stn / 4 min by car
Address
和歌山県有田郡広川町大字上中野

Description

価格は相談の上決定

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). 和歌山県有田郡広川町大字上中野

Investment snapshot

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

Est. monthly rent
¥39,000
≈ $244/mo
Est. annual rent
¥468,000
≈ $2,924/yr
Gross yield (post-reno)
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: 65.68m² × ¥1000/m²/mo × 0.6 age factor (Wakayama) + ¥5M 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.