Fujikawaguchiko 2LDK Fixer-Upper Akiya — 572m2 Land, JPY 4M AS-IS
A 572 sqm Fujikawaguchiko fixer-upper near Kawaguchiko Station, yours as-is for just JPY 4,000,000 (about USD 26,756).
This 1973-built detached home in Fujikawaguchiko, Yamanashi sits on a generous 572 sqm of land with an 84.44 sqm 2LDK floor plan, offered as-is for JPY 4,000,000 (about USD 26,756). It is a true value play for hands-on short-term-rental investors: the house needs a full gut renovation, so factor that work into your budget before listing. The location is the draw. Kawaguchiko Station is the nearest rail hub, and Tokyo's Shinjuku terminal is roughly 150 minutes away, putting this within reach of inbound travelers. Across the wider Fujikawaguchiko area, the 471 tracked Airbnb listings average a 241 USD nightly rate and 49.8 percent occupancy, for about 41,581 USD in annual revenue (AirROI 2025 to 2026 area averages, not this property's figures). Buy low, renovate smart, position for Fuji-bound demand.
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)
(182 days avg)
(low–high investment)
Built in 1973, the house predates the 1981 seismic code, so it meets only the pre-1981 (old) earthquake standard and carries a condition grade of D. A full gut renovation is required, and seismic reinforcement should be assessed as part of that scope.
Renovation estimate: ¥5.0M – ¥15.0M
Source: AirROI 2025–2026 · 471 active listings analysed
⚠ Minpaku Status: Requires Verification
Requires verification before purchase
- ≈ 5.2km · 10minLake Motosu (Fuji Five Lakes)
- ▲ 19km · 35minMt. Fuji 5th Station (Fujinomiya route)
- ▲ 8km · 15minAsagiri Kogen Milk Land (farm)
- ⊙ 17.6km · 30minKawaguchiko Station (Fujikyu Line)
- ◻ 6km · 12minConvenience Store
- 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 1973 — pre-1981 seismic standard. Structural inspection critical.
- Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).