Yugawara 2LDK+S Akiya — ¥9.8M, Manazuru Station, 19 min walk
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Yugawara 2LDK+S Akiya — ¥9.8M, Manazuru Station, 19 min walk

A 1981-built 2LDK+S on 153.39 sqm of land in Yugawara, Kanagawa, sold as-is at ¥9.8M.

This 1981-built 2LDK+S detached house is in Yugawara, Kanagawa (source listing address: 神奈川県足柄下郡湯河原町). It sits on 153.39 sqm of land with a 91.2 sqm building and is sold as-is. Access, as stated on the source listing: JR Tokaido Main Line — Manazuru Station, 19 min walk (JR東海道本線「真鶴」歩19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 Yugawara, roughly 9 km from Hakone, so treat those figures as a regional demand indicator for the surrounding market, not as this home's income.

$59,829 ≈ ¥9.8M @¥163.8/USD · as of 2026-07-24

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.

Land153.39㎡
Building91.2㎡ · F
Layout2LDK+S
Year Built1981
Nearest StationJR Tokaido Main Line — Manazuru Station, 19 min walk
Estimated ROI — based on area market averages
49.364.0%
Gross yield
(conservative–optimistic)
$45,698
Est. annual revenue
(168 days avg)
1.62.0
Years to full payback
(low–high investment)
Annual revenue ÷ total investment = 49% recovered per year
49%
Total investment: ¥11.7M – ¥15.2M  ·  purchase + renovation + setup fees

Based on area averages from AirROI 2025–2026 (323 active listings). Not financial advice. Actual revenue depends on occupancy, management costs, and STR permit status.

Grade C
Renovation Required

Built in 1981 to Japan's post-1981 seismic standard, the house carries a condition grade of C and is offered as-is. Partial renovation is required, so a structural and systems inspection should guide your scope of work.

Renovation estimate: ¥1.0M – ¥4.0M

Structural inspection not yet conducted. An independent inspection is strongly recommended before purchase.
STR Market — Hakone area (reference; this property is in Yugawara)
$291
ADR · avg daily rate
46%
Occupancy · 168 days avg
$45,698
Est. annual revenue
Seasonal Demand
Jan
Feb
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Source: AirROI 2025–2026 · 323 active listings analysed

⚠ Minpaku Status: Requires Verification

Requires verification before purchase

Approximate location. The pin marks the centre of Yugawara, Kanagawa (神奈川県足柄下郡湯河原町) — the municipality stated on the source listing. The street address is not published; we disclose it by email once you enquire.
Investor Due Diligence Checklist
  • Minpaku (STR) permit — Requires pre-purchase verification with municipal office
  • Structural inspection — Not yet conducted. Recommend independent inspection (¥50k–¥100k) before purchase.
  • i Land rights: Confirm ownership vs. leasehold (借地権). Leasehold affects resale value and mortgage eligibility.
  • i 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 1981 — post-1981 new seismic standard (新耐震)
  • i Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).
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Yugawara 2LDK+S Akiya — ¥9.8M, Manazuru Station, 19 min walk — $59,829 Enquire Now