Fujikawaguchiko 2LDK Akiya — ¥6.7M As-Is Full-Renovation Project
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Entry Fujikawaguchiko, Yamanashi

Fujikawaguchiko 2LDK Akiya — ¥6.7M As-Is Full-Renovation Project

A 1980-built 2LDK on 193 sqm of land in Fujikawaguchiko, offered as-is at ¥6,700,000 (about $44,816).

This 42.4 sqm 2LDK sits on 193 sqm of land in Fujikawaguchiko, Yamanashi, with Kawaguchiko Station as the nearest station and Shinjuku roughly 150 minutes away. Built in 1980, it is sold strictly as-is and requires a full gut renovation, which the buyer must budget for on top of the ¥6,700,000 (about $44,816) purchase price. The appeal here is entry price and land: a 193 sqm plot in an established short-term-rental market, bought cheaply enough to leave room to design the interior around guests. Across that wider market, AirROI 2025–2026 data covering 471 listings shows an area-average daily rate of $241, average occupancy of 49.8%, and average annual revenue of $41,581. Those figures are area-level benchmarks only. This house produces no income today and cannot be let until the renovation is finished.

$40,904 ≈ ¥6.7M @¥163.8/USD · as of 2026-07-24

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.

Land193㎡
Building42.4㎡ · F
Layout2LDK
Year Built1980
Nearest StationKawaguchiko Station · 17.6km
Tokyo Access — Fujikawaguchiko area, approx.150min via Shinjuku
Estimated ROI — based on area market averages
29.654.5%
Gross yield
(conservative–optimistic)
$41,581
Est. annual revenue
(182 days avg)
1.83.4
Years to full payback
(low–high investment)
Annual revenue ÷ total investment = 30% recovered per year
30%
Total investment: ¥12.5M – ¥23.0M  ·  purchase + renovation + setup fees

Based on area averages from AirROI 2025–2026 (471 active listings). Not financial advice. Actual revenue depends on occupancy, management costs, and STR permit status.

Grade D
Full Rebuild

Built in 1980, the building predates Japan's 1981 seismic code revision and meets only the pre-1981 standard, so a structural assessment and any seismic retrofit should be priced in before purchase. It carries a condition grade of D and is sold as-is, with a full gut renovation of the 42.4 sqm interior still to be done.

Renovation estimate: ¥5.0M – ¥15.0M

Structural inspection not yet conducted. An independent inspection is strongly recommended before purchase.
STR Market — Fujikawaguchiko
$241
ADR · avg daily rate
49.8%
Occupancy · 182 days avg
$41,581
Est. annual revenue
Seasonal Demand
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Source: AirROI 2025–2026 · 471 active listings analysed

⚠ Minpaku Status: Requires Verification

Requires verification before purchase

Approximate location. The pin marks the centre of Fujikawaguchiko, Yamanashi — the municipality stated on the source listing. The street address is not published; we disclose it by email once you enquire.
Nearby — Distances & Drive Times
  • Lake Motosu (Fuji Five Lakes)
    5.2km · 10min
  • Mt. Fuji 5th Station (Fujinomiya route)
    19km · 35min
  • Asagiri Kogen Milk Land (farm)
    8km · 15min
  • Kawaguchiko Station (Fujikyu Line)
    17.6km · 30min
  • Convenience Store
    6km · 12min
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: Built 1980 — pre-1981 seismic standard. Structural inspection critical.
  • i Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).
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