Awaji Island 3DK — Public Water + Public Sewer, 2007-Built at ¥12.8M
2007-built 3DK on Awaji Island. Public water + public sewer (rare on island). Carport. ¥12.8M. $271 ADR, $37.5K median revenue, +43.5% YoY.
At ¥12.8M (US$86K), this 2007-built 3DK is the newest property in the portfolio and the only listing with a full urban utility stack on Awaji Island: public water (公営水道) + public sewer (本下水). Most Awaji properties rely on septic systems that add ¥30–50K in annual maintenance — this property eliminates that cost entirely. The appliance package (system kitchen with dishwasher, auto bath, dual heated bidets) is STR-grade from day one, compressing time-to-first-booking after purchase. The 2007 structural standard eliminates the inspection anxiety common with 1980s–1990s builds. Awaji Island is 90 minutes from Osaka by car via the Akashi Kaikyo Bridge — Japan's longest suspension bridge — and sits at the geographic center of the Seto Inland Sea between Osaka, Kobe, and Tokushima. AirROI 2025–2026 records $271 ADR and $37,539 median annual revenue across 105 Awaji Island listings, growing +43.5% YoY — the highest ADR in the current portfolio. Total investment ¥15.2–16.9M. Gross yield 37.0%, payback 2.7–3.0 years. Undesignated zoning — confirm minpaku licensing pathway with Awaji City office before purchase.
Minpaku (short-term rental) status not confirmed. Verify with the municipal office and your agent before completing purchase. STR operation may be restricted to 180 days/yr or prohibited.
(conservative–optimistic)
(141 days avg)
(low–high investment)
Built January 2007, post-new-seismic standard. Wooden 2-story construction. Full urban utility stack: public water (公営水道) + public sewer (本下水) — uncommon on Awaji Island where most properties rely on septic. Individual LPG (confirm gas type with agent). Carport for 1 vehicle. Corner lot within 2km of Awaji coast. Undesignated zoning (無指定), BCR 70%/FAR 400% — confirm minpaku permit category with Awaji City office. Dual toilets (one per floor). System kitchen with dishwasher, auto bath, heated bidet — STR-grade appliances already installed. No private road burden. Immediate occupancy available. Request floor plan and inspection report from agent.
Renovation estimate: ¥1.5M – ¥3.0M
Source: AirROI 2025–2026 · 105 active listings analysed
⚠ Minpaku Status: Requires Verification
Requires verification before purchase
- · 5km · 10minGoshiki Beaches (5 scenic bays, Awaji's iconic coast)
- · 18km · 28minAwaji Yumebutai (Tadao Ando international conference garden)
- · 28km · 40minAkashi Kaikyo Bridge (world's longest suspension bridge)
- · 15km · 22minNojima Fault Preservation Museum (1995 earthquake epicenter)
- ⊙ 0.3km · 1minTomishima-higashi Bus Stop (to Kobe Maiko Station)
- Minpaku (STR) permit — Requires pre-purchase verification with municipal office
- Structural inspection — Not yet conducted. Recommend independent inspection (¥50k–¥100k) before purchase.
- Land rights: Confirm ownership vs. leasehold (借地権). Leasehold affects resale value and mortgage eligibility.
- Utilities: Verify water supply (public / well), sewage (公共下水 vs. 浄化槽), gas (city gas / propane — propane is 2–3× higher cost).
- Earthquake resistance: Built 2007 — post-1981 new seismic standard (新耐震)
- Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).