Yugawara 3K Akiya — ¥11.9M, Yugawara Station, 1.9 km by car
A 1967-built 3K on 300.4 sqm of land in Yugawara, Kanagawa, sold as-is at ¥11.9M.
This 1967-built 3K detached house is in Yugawara, Kanagawa (source listing address: 神奈川県足柄下郡湯河原町). It sits on 300.4 sqm of land with a 95.35 sqm building and is sold as-is. Access, as stated on the source listing: JR Tokaido Main Line — Yugawara Station, 1.9 km by car (ＪＲ東海道本線「湯河原」車1.9km). For short-term-rental context we quote the Hakone area benchmark — 323 tracked listings, $291 average daily rate, 46.0% occupancy, $45,698 average annual revenue (AirROI 2025–2026). This property is in Yugawara, roughly 10 km from Hakone, so treat those figures as a regional demand indicator for the surrounding market, not as this home's income.
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)
(168 days avg)
(low–high investment)
Built in 1967, the house predates Japan's 1981 seismic code (pre-1981 standard) and carries a condition grade of D. Expect structural, seismic, and systems work as part of the required full gut renovation.
Renovation estimate: ¥5.0M – ¥15.0M
Source: AirROI 2025–2026 · 323 active listings analysed
⚠ Minpaku Status: Requires Verification
Requires verification before purchase
- 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 1967 — pre-1981 seismic standard. Structural inspection critical.
- Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).