Kamiichi Heritage Minka
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Kamiichi Heritage Minka

Shrine-carpenter timber. One hour from Hakuba.

Rare shrine-carpenter built minka — 1hr from Hakuba ski resort, gateway to Tateyama sacred peaks. 220㎡ floor plan across 529㎡ land. Hakuba market recorded $456 ADR and $47,873 average annual revenue in 2025, the highest of all Japan ski regions (AirROI data, 539 active listings). Traditional construction demands skilled renovation but delivers a product the mass market cannot replicate.

$77,248 ≈ ¥12.4M @¥160/USD · 2026-06-15

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.

Land529㎡
Building220㎡ · 2F
Layout4BR · 2-storey traditional
Year BuiltUnknown
Nearest Station1.4km · 4min drive
Tokyo Access260min via Toyama (Shinkansen)
Estimated ROI — based on area market averages
21.132.9%
Gross yield
(conservative–optimistic)
$47,873
Est. annual revenue
(130 days avg)
3.04.7
Years to full payback
(low–high investment)
Annual revenue ÷ total investment = 21% recovered per year
21%
Total investment: ¥23.3M – ¥36.3M  ·  purchase + renovation + setup fees

Based on area averages from AirROI 2025–2026 (539 active listings). Not financial advice. Actual revenue depends on occupancy, management costs, and STR permit status.

Grade C
Renovation Required

Traditional shrine-carpenter minka with sound structural timber frame. Major renovation required: insulation, kitchen, bathrooms, electrical rewiring, and plumbing modernisation. 220㎡ of floor space represents significant transformation potential. Structural inspection not yet conducted.

Renovation estimate: ¥8.0M – ¥20.0M

Structural inspection not yet conducted. An independent inspection is strongly recommended before purchase.
Floor Plan 9 rooms · 220㎡ · 2F
2F
Bedroom 2 30㎡
Bedroom 3 28㎡
Bedroom 4 26㎡
Storage / Hall 24㎡
1F
Main Hall (座敷) 40㎡
Living / Kitchen 30㎡
Japanese Bedroom (和室) 18㎡
Bathroom + Toilet 10㎡
Entrance (土間) 14㎡
STR Market — Hakuba Area
$456
ADR · avg daily rate
35.4%
Occupancy · 130 days avg
$47,873
Est. annual revenue
Seasonal Demand
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Source: AirROI 2025–2026 · 539 active listings analysed

⚠ Minpaku Status: Requires Verification

High-value renovation opportunity

Nearby — Distances & Drive Times
  • Hakuba Village Ski Resort
    35km · 55min
  • Tateyama Alpine Route
    10.5km · 22min
  • Kurobe Gorge Onsen (Unazuki)
    14km · 28min
  • Kamiichi Station
    1.4km · 4min
  • Convenience Store
    0.8km · 2min
  • Kamiichi Town Hospital
    2km · 5min
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: Year unknown. Seismic standard unconfirmed.
  • i Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).
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