Shimoda Suzaki Peninsula — Ocean View at ¥3.2M
2nd-floor Pacific ocean view. 400m to Suzaki fishing port. ¥3.2M — the lowest price entry into Shimoda's STR market.
At ¥3.2M (US$21K), this 5-room house on Shimoda's Suzaki Peninsula is the lowest-cost ocean-view entry point on the Izu coast. The 2nd floor commands Pacific views; Suzaki fishing port is a 5-minute walk. Public water and public sewerage confirmed — a rare combination at this price point. Shimoda's Airbnb market records $218 ADR and $23,484 median annual revenue across 153 listings (AirROI 2025–2026). With ¥6–15M full renovation, total investment ¥9.7–19M — gross yield 36%, payback 2.8–5.4 years. Practical notes: no on-site parking (neighbourhood area available); narrow approach road suits compact vehicles. 1967 build — full structural survey before purchase. The fishing village setting appeals to guests seeking authentic Japanese coastal life rather than resort facilities.
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)
(126 days avg)
(low–high investment)
Built October 1967. Pre-modern seismic standard — full structural renovation or rebuild required. Public water supply and public sewerage (hongesui) confirmed — unusual for a ¥3.2M Shimoda property. No on-site parking: access via neighbourhood parking area. Narrow approach road — compact vehicles recommended. South-facing, good natural light.
Renovation estimate: ¥6.0M – ¥15.0M
Source: AirROI 2025–2026 · 153 active listings analysed
⚠ Minpaku Status: Requires Verification
Requires verification before purchase
- · 0.4km · 1minSuzaki Fishing Port
- · 4.5km · 12minShirahama Ohama Beach
- ⊙ 4.4km · 10minIzukyu-Shimoda Station
- · 5km · 12minShimoda Port (Perry Road)
- ♨ 6km · 14minRendaiji Onsen
- 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).