Manazuru 4DK Akiya — ¥4.8M, Manazuru Station, 11 min bus + 1 min walk
A 1967-built 4DK on 115.0 sqm of land in Manazuru, Kanagawa, sold as-is at ¥4.8M.
This 1967-built 4DK detached house is in Manazuru, Kanagawa (source listing address: 神奈川県足柄下郡真鶴町). It sits on 115.0 sqm of land with a 72.69 sqm building and is sold as-is. Access, as stated on the source listing: JR Tokaido Main Line — Manazuru Station, 11 min bus + 1 min walk (ＪＲ東海道本線「真鶴」バス11分岩ふれあい会館前歩1分). 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 Manazuru, roughly 8 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)
The building dates from 1967 and is therefore built to the pre-1981 seismic standard, so a structural assessment and seismic reinforcement should be factored into any renovation plan. Its condition is graded D, and a full gut renovation is required before any use. Buyers should commission their own inspection before purchase.
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).