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¥5,000,000

Shimono-go, Tateshita, Iwanuma, Miyagi Prefecture

宮城県岩沼市下野郷字舘下

Buy Seaside Property Land Needs Renovation Rural Historic

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Land for Sale in Iwanuma, Miyagi with Rebuilding Potential

This 1,182.26 sqm plot of land is located in Iwanuma City, Miyagi Prefecture. The property is designated as being within a City Planning Area of Adjustment, but rebuilding is permitted under specific conditions. These conditions are: 1. The use must be a single-family detached dwelling. 2. The total floor area of the building must be within 280 sqm. 3. The plot must be within the current lot boundaries (Iwanuma City, Shimono-go, Tateshita 211, 211-2). 4. No new development activities are allowed. 5. If rebuilding, construction must commence within one year of demolishing the existing structure. After one year passes, rebuilding is no longer permitted.

Critical agent notes provide essential information. The site is located within a Cultural Property Protection Area (the Shimono-go Tate Ruins), and consultation with the Iwanuma City Board of Education is required. Importantly, the land is within an area affected by the tsunami during the Great East Japan Earthquake. It is in a predicted tsunami inundation zone (3-5 meters) and a predicted flood inundation zone (0.5-3.0 meters), which must be carefully noted. Dividing the land for residential construction is limited to housing for agricultural workers. The existing buildings and bamboo groves on the property will be transferred in their current state. Items left inside the buildings are scheduled for removal. The seller is not considering the land for solar power generation business use, and inquiries for such purposes are declined. The property has access to public water and electricity.

The area of Iwanuma offers a blend of history and coastal living. An interesting local fact is that the city is home to the "Iwanuma Kokeshi," a traditional wooden doll with a distinctive design. The closest major landmark is the iconic Matsushima Bay, one of Japan's Three Most Scenic Views, renowned for its pine-clad islands and serene beauty, located approximately 30 kilometers north.

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This description was AI-generated from the original Japanese listing and may contain inaccuracies. Please verify details with the source listing.

Summary

Land size: 1,182 / 12,726sqft

Short-Term Rental (Minpaku)

Transport

NRT

Narita International Airport — 266 km away

Nearby Konbini

Seven Eleven Seven Eleven — 6 min walk
Family Mart Family Mart — 6 min walk
Daily Yamazaki Daily Yamazaki — 21 min walk

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¥5,000,000

Shimono-go, Tateshita, Iwanuma, Miyagi Prefecture

宮城県岩沼市下野郷字舘下

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Source: www.fudousan.or.jp

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Agent fee (3% + tax)¥000,000
Acquisition tax¥000,000
Registration & stamp¥000,000
Property tax (annual)¥00,000/yr
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Nightly Rate¥00,000
Occupancy Rate00%
Est. booked nights/year000 nights
Net annual income ¥0,000,000
Monthly equivalent¥000,000
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Annual yield0.0%
Break-even00.0 years
5-year return¥0,000,000
10-year return ¥00,000,000
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All figures are illustrative estimates only and do not constitute financial, investment, or legal advice. Consult a qualified professional before making any investment decision. Terms apply.

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Location Type Beds Price Land House View

* Sold properties shown for price comparison only. Prices reflect historical sale data.

Location Type Beds Rent/Month Land House View

* Rental prices shown are monthly rates. Contact property owner for current availability.

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