Atami Izusan Ocean-View Hillside
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Entry Atami, Shizuoka

Atami Izusan Ocean-View Hillside

Pacific ocean views from Izu Peninsula hillside. ¥5.5M + water connection ¥0.7M. Landslide risk zone — priced for risk-tolerant investors.

Ocean-view hillside property in Atami Izusan — one of Japan's most celebrated hot spring resort towns, 50 minutes from Tokyo by Shinkansen. At ¥5.5M plus ¥0.7M water connection (total ¥6.2M, US$41K), this is priced for investors prepared to manage disclosed risk: the property is within a 土砂災害特別警戒区域 (Special Warning Zone for Sediment Disasters — Japan's strictest landslide risk classification). The reward is 624㎡ of ocean-view land in a location commanding premium Airbnb rates. Atami records $273 ADR and $31,992 median annual revenue across 209 Airbnb listings (AirROI 2025–2026). With ¥4–11M seismic renovation, total investment ¥11.2–18.2M, gross yield 42.7%, payback 2.3–3.8 years. Due diligence: confirm landslide insurance, slope reinforcement requirements, and mortgage eligibility before purchase.

¥5.5M ≈ $36,789 @¥149.5/USD · 2026-05

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.

Land624.85㎡
Building85.69㎡ · 1F
Layout1LDK · Ocean View
Year Built1976
Nearest Station3km · 10min drive
Tokyo Access60min via Atami (JR/Shinkansen)
Estimated ROI — based on area market averages
26.342.7%
Gross yield
(conservative–optimistic)
$31,992
Est. annual revenue
(112 days avg)
2.33.8
Years to full payback
(low–high investment)
Annual revenue ÷ total investment = 26% recovered per year
26%
Total investment: ¥11.2M – ¥18.2M  ·  purchase + renovation + setup fees

Based on area averages from AirROI 2025–2026 (209 active listings). Not financial advice. Actual revenue depends on occupancy, management costs, and STR permit status.

Grade D
Full Rebuild

Built 1976, pre-1981 seismic standard. Structural reinforcement or full rebuild required. Designated 土砂災害特別警戒区域 (Special Warning Zone for Sediment Disasters — Japan's strictest landslide risk classification). Water connection fee ¥700,000 additional. Verify insurance and mortgage eligibility before purchase.

Renovation estimate: ¥4.0M – ¥11.0M

Structural inspection not yet conducted. An independent inspection is strongly recommended before purchase.
Floor Plan 6 rooms · 85.69㎡ · 1F
1F
LDK 30㎡
Bedroom 15㎡
Bathroom 5㎡
Toilet 2㎡
Entrance 6㎡
Ocean-View Terrace 20㎡
STR Market — Atami Izu Coast
$273
ADR · avg daily rate
30.8%
Occupancy · 112 days avg
$31,992
Est. annual revenue
Seasonal Demand
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Source: AirROI 2025–2026 · 209 active listings analysed

⚠ Minpaku Status: Requires Verification

Requires verification before purchase

Nearby — Distances & Drive Times
  • Atami Onsen (hot spring baths)
    2km · 6min
  • Atami Station (JR Tokaido)
    3km · 10min
  • ·
    MOA Museum of Art
    1.5km · 5min
  • ·
    Atami Sun Beach
    2.5km · 8min
  • ·
    Izusan Shrine
    0.5km · 2min
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 1976 — pre-1981 seismic standard. Structural inspection critical.
  • i Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).
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