Resort House with Hotel License in Kamakura's Zaimokuza
This unique property is a resort house located in the highly desirable Zaimokuza area of Kamakura, Kanagawa Prefecture. The building, constructed in February 2021, is a three-story wooden structure with a total floor area of approximately 154.93 square meters. It features a versatile layout of 1LDK + 2LDK, offering flexible living and income-generating spaces. A key feature is the rooftop terrace, providing outdoor space with views, accessible via a spiral staircase from the living area.
Critical agent notes provide essential operational details. The property's equipment includes electricity supplied by Tokyo Electric Power Company (TEPCO). It is noted as an owner-change property, indicating a transfer of ownership. Most importantly, the property holds a license under the Ryokan (Inn) Business Act, positioning it as a revenue-generating accommodation business. A 10-year building lease contract with an accommodation facility operator is required, with the possibility of extension. The owner receives rent based on this contract, though it is variable and not guaranteed after purchase. When the owner uses the property, usage fees will be incurred. The interior comes furnished with items specified by the operator. The estimated yield is 5.9%, calculated as simple annual rent divided by the purchase price, excluding expenses like registration fees, property taxes, and management fees. The monthly management fee is planned to be offset against the rent received from the operator, with details to be specified in a separate contract.
The location is exceptional, approximately a 9-minute walk (700m) from the Enoshima Electric Railway's Wadazuka Station and about a 17-minute walk (1.3km) from the major Kamakura Station. It boasts views of the famous Zaimokuza Beach, a long, sandy stretch popular for swimming and sunsets. The area of Kamakura is steeped in history as the former political capital of Japan, and is renowned for its numerous temples and shrines, including the iconic Great Buddha of Kamakura (Kotoku-in) and the vibrant Tsurugaoka Hachimangu Shrine, making it a premier tourist destination just south of Tokyo.