Fujikawaguchiko 2LDK Fixer-Upper Near Kawaguchiko Station — ¥4.5M
Claim a 402 m² lakeside-region property in Fujikawaguchiko for just ¥4,500,000 (about $30,100).
Set in Fujikawaguchiko, Yamanashi, this 1974-built 2LDK offers 59.62 m² of living space on a generous 402 m² lot. Sold strictly as-is, the home needs a full gut renovation, so factor the rebuild into your budget from day one — but the bones and location are the real draw. Kawaguchiko Station is the nearest rail link, and Tokyo's Shinjuku terminal is roughly 150 minutes away, putting this firmly within reach of weekend travelers. For context, the surrounding Fujikawaguchiko short-term-rental market shows healthy demand: across 471 area listings, the average daily rate runs about $241 with 49.8% occupancy and roughly $41,581 in average annual revenue (AirROI 2025–2026). These are area averages, not this property's income — but they signal the opportunity a thoughtful renovation could unlock.
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 1974, the building predates Japan's 1981 seismic code (pre-1981 standard) and carries a condition grade of D, meaning a full gut renovation is required. Buyers should commission a structural and seismic assessment and plan for reinforcement as part of the work.
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 1974 — pre-1981 seismic standard. Structural inspection critical.
- Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).