Izu Shuzenji Onsen Cottage
Architect-renovated. Hot spring connectable. Wood stove included.
Fully renovated 1970-built cottage in Izu's Kumakasa district — 8 minutes from Shuzenji's famous hot spring town and historic Rinzai temple. Licensed first-class architect completed the full interior renovation: all rooms, kitchen, and bathrooms updated. Hot spring pipe connectable for ¥527,500 upfront (引湯料) plus ¥120,000/month — once connected, in-property onsen access commands a significant Airbnb premium in this market. Wood-burning stove included. Izu recorded $232 ADR and $30,324 median annual STR revenue (AirROI 2026, 40 active listings, 34.8% occupancy). At ¥9.8M purchase price with renovation already complete, gross yield reaches 42% — the highest of any property in this portfolio at this price point.
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)
(127 days avg)
(low–high investment)
Full renovation completed by a licensed first-class architect. Interior, kitchen, bathrooms and finishes fully updated. Original 1970 structural frame retained. Pre-1981 seismic standard — structural inspection recommended before purchase. Hot spring connection not yet installed (connectable at buyer's cost). Immediate occupancy possible.
Renovation estimate: ¥1.0M – ¥2.0M
Source: AirROI 2025–2026 · 40 active listings analysed
⚠ Minpaku Status: Requires Verification
Unconfirmed. Izu City requires standard minpaku notification under Minpaku Shinpou. Verify agricultural land use and zoning classification before purchase. Hot spring connection carries ¥120,000/month ongoing fee — factor into operating cost model.
- ♨ 4.5km · 9minShuzenji Onsen Hot Spring Resort
- ▲ 4.5km · 9minShuzenji Temple (Rinzai Zen, 807 AD)
- · 8km · 15minAmagi Mountains Trail
- ▲ 7km · 12minNirayama Hanazono Park (spring blossoms)
- ⊙ 4.4km · 8minShuzenji Station
- 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 1970 — pre-1981 seismic standard. Structural inspection critical.
- Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).