Shirahama Ocean View 3LDK — Hot Spring Piped, ¥5.9M
3LDK with piped hot spring water + ocean view. 1992-built post-seismic. ¥5.9M in Japan's top beach-onsen resort. Shirahama: +49.3% YoY revenue growth.
At ¥5.9M (US$39K), this 1992-built 3LDK offers the core Shirahama STR proposition in one package: ocean view from the 2nd floor and hot spring water piped directly to the property — the two amenities that define Shirahama's premium Airbnb listings. Lightweight steel construction on a flat 200㎡ lot with 2-car parking and no private road burden. Shirahama is the only resort town in Japan combining white-sand beach, hot springs, and Adventure World (home to the world's most photographed pandas) within a 15-minute radius — a combination that generates consistent family and couple demand year-round. AirROI 2025–2026 records $193 ADR and $19,213 median annual revenue across 218 Shirahama listings, growing +49.3% YoY — the second-fastest growth in the Kii Peninsula dataset. Total investment ¥8.5–10.8M. Gross yield 33.9%, payback 3.0–3.8 years. Fixed annual costs: hot spring supply ¥36K + subdivision maintenance ¥118.4K = ¥154.4K/yr (US$1,033) — budget into operating expenses before calculating net yield.
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)
(97 days avg)
(low–high investment)
Built July 1992, post-new-seismic standard. Lightweight steel (軽量鉄骨) 2-story construction. Public water supply (公営水道). Hot spring water piped to the property — annual hot spring fee ¥36,000/yr. Resort subdivision annual maintenance fee ¥118,400/yr (total fixed annual burden ¥154,400). Centralized septic tank (合併浄化槽). No private road burden. 2 parking spaces on flat terrain. Ocean view from 2F. Disaster designation-free zone (土砂災害なし). Request floor plan and condition inspection report from agent before purchase.
Renovation estimate: ¥2.0M – ¥4.0M
Source: AirROI 2025–2026 · 218 active listings analysed
⚠ Minpaku Status: Requires Verification
Requires verification before purchase
- · 5km · 10minShirahama Beach (Shirarahama, white sand)
- · 6km · 12minAdventure World (pandas + safari)
- ♨ 4km · 8minShirahama Onsen (resort town hot spring)
- ⊙ 5.7km · 12minShirahama Station (JR Kisei)
- ◻ 4.5km · 9minToretore Market (fresh seafood)
- 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 1992 — post-1981 new seismic standard (新耐震)
- Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).