Izu Kogen Retreat — Hot Spring Rights at ¥4M
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Entry Ito, Shizuoka

Izu Kogen Retreat — Hot Spring Rights at ¥4M

2LDK in 名鉄赤沢別荘地 resort subdivision. Transferable hot spring access rights. 404㎡ plot. Izu's fastest-growing STR market — $272 ADR.

For ¥4M (US$27K), this 2LDK home sits inside 名鉄赤沢別荘地 — one of Izu Kogen's legacy resort subdivisions — and comes with transferable hot spring access rights, a feature that commands ¥3,000–¥8,000/night premium on the Izu Airbnb market. The 404㎡ plot has a 60% BCR, leaving room for outdoor terrace additions. AirROI 2025–2026 records $272 ADR and $30,196 median annual revenue across 260 Ito listings — the market has grown 19% YoY. Total investment ¥9.5–16.8M with full renovation (pre-1981 build). Gross yield 47.5%, payback 2.1–3.7 years. Monthly fixed costs: ¥8,200 (hot spring, HOA, private water) — budget into operating expenses. The Meitetsu subdivision provides maintained roads and communal facilities. Car essential: Izu Kogen Station is 10 minutes by car.

¥4.0M ≈ $26,756 @¥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.

Land404㎡
Building56.14㎡ · 2F
Layout2LDK · Hot Spring Rights
Year Built1977
Nearest Station4.1km · 10min drive
Tokyo Access150min via Atami / Mishima (JR Tokaido)
Estimated ROI — based on area market averages
26.9–47.5%
Gross yield
(conservative–optimistic)
$30,196
Est. annual revenue
(118 days avg)
2.1–3.7
Years to full payback
(low–high investment)
Annual revenue ÷ total investment = 27% recovered per year
27%
Total investment: ¥9.5M – ¥16.8M  ·  purchase + renovation + setup fees

Based on area averages from AirROI 2025–2026 (260 active listings). Not financial advice. Actual revenue depends on occupancy, management costs, and STR permit status.

Grade D
Full Rebuild

Built July 1977, pre-1981 seismic standard. Located within 名鉄赤沢別荘地 (Meitetsu Akasawa Resort Subdivision). Hot spring access rights transferable with sale. Monthly fixed costs: hot spring ¥3,000 + HOA ¥4,000 + private water ¥1,200 = ¥8,200/month total. Private water supply (subdivision-managed, not municipal). Full structural survey required before renovation.

Renovation estimate: ¥5.0M – ¥12.0M

Structural inspection not yet conducted. An independent inspection is strongly recommended before purchase.
Floor Plan 3 rooms · 56.14㎡ · 2F
2F
Room 2 (和室 6 tatami) 10㎡
1F
LDK (和室 9 tatami) 15㎡
Room 1 (和室 6 tatami) 10㎡
STR Market — Ito / Izu Kogen
$272
ADR · avg daily rate
32.4%
Occupancy · 118 days avg
$30,196
Est. annual revenue
Seasonal Demand
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Source: AirROI 2025–2026 · 260 active listings analysed

⚠ Minpaku Status: Requires Verification

Requires verification before purchase

Nearby — Distances & Drive Times
  • ♨
    Hot Spring Bath (Akasawa subdivision facility)
    0.1km · 1min
  • ⊙
    Izu Kogen Station (Izu Kyuko)
    4.1km · 10min
  • ·
    Jogasaki Coast (UNESCO-class lava coastline)
    5km · 12min
  • ·
    Izu Shaboten Zoo & Park
    3km · 8min
  • ♨
    Ito Onsen Hot Spring Town
    10km · 20min
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 1977 — 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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