Fujikawaguchiko 4K Fixer-Upper on 323.9 sqm — ¥4M / $26,756
A 323.9 sqm renovation project in Japan's Fujikawaguchiko STR zone for just ¥4,000,000 ($26,756).
A four-bedroom (4K) detached house in Fujikawaguchiko, Yamanashi, set on a generous 323.9 sqm plot with 93.52 sqm of interior space. Built in 1967, this property is sold strictly as-is and requires a full gut renovation, so factor the rebuild into your numbers from day one. What you are buying is position: Fujikawaguchiko is one of Japan's short-term-rental hotspots, and the area draws steady visitor demand near Kawaguchiko Station. Across 471 area listings, AirROI 2025–2026 reports an average daily rate of $241 and 49.8% occupancy, for roughly $41,581 in average annual revenue at the area level. Shinjuku sits about 150 minutes away, keeping the Tokyo market within reach for weekend guests. For a renovation-led investor, the land, size, and location are the real asset here.
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 1967, the building predates Japan's 1981 seismic code (pre-1981 standard) and carries a condition grade of D. It is sold as-is and needs a full gut renovation, so a structural and seismic assessment should be part of your due diligence.
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 1967 — pre-1981 seismic standard. Structural inspection critical.
- Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).