Back to results Land for Sale with Old House in Wakayama City, Wakayama
Added 7 days ago
¥2,500,000

1061-15 Nishihama, Wakayama City, Wakayama Prefecture

和歌山県和歌山市西浜1061-15

Buy Renovation Project Land Corner Lot Rural

Know someone who would love this? Gift them a subscription

This property has more to show

Earthquake & flood hazard assessment
Purchase cost & tax estimates
Full AI-translated description

Trusted by property buyers worldwide

Start 3-Day Free Trial

$5/month after trial · Cancel anytime

Land with Existing House in Wakayama City's Nishihama District

This property is a plot of land for sale in the Nishihama area of Wakayama City, Wakayama Prefecture. The land has a total area of 70.16 square meters (21.22 tsubo) and is offered at a price of 2.5 million yen. The site is a corner lot, providing access from two sides, and is situated in a flat, urbanized area designated as a Category I Mid-to-High-Rise Residential Exclusive Zone. There are no specific building conditions attached to the land.

According to the agent's notes, the current condition of the property includes an existing old house. The seller encourages potential buyers who are interested in seeing the property in person to feel free to inquire, specifying their preferred dates for a viewing. The agent has also provided a sample payment calculation: monthly installments of 8,018 yen, based on a 100% 35-year loan with an annual interest rate of 0.875%, assuming zero down payment and zero bonus payments.

The location offers convenient daily amenities. Within approximately 610 meters, residents have access to a convenience store, supermarket, and drugstore. A park and a bank are located within 1.2 to 1.3 kilometers. Public transportation is available via the Nankai Wakayamako Line's Wakayamako Station, which is 3.6 kilometers away. The property is connected to public water supply. The land is noted as being ideal for parking and is located within a Type 4 Scenic District.

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

Summary

Land size: 70 / 755sqft

Short-Term Rental (Minpaku)

Transport

KIX

Kansai International Airport — 27 km away

Nearest Konbini

circle_k Circle K — 5 min walk

Internet Connectivity

Natural Hazard Assessment

Hazard data is a subscriber feature

Know the flood, landslide & tsunami risks before you buy

View Plans
¥2,500,000
Purchase Cost & Tax Estimates
Subscribe
Agent fee (3% + tax)¥000,000
Acquisition tax¥000,000
Registration & stamp¥000,000
Property tax (annual)¥00,000/yr
Subscribe to view cost & tax estimates →
Nightly Rate
Occupancy Rate
Max operating days/year
Est. booked nights/year
Gross annual revenue
Expenses breakdown
Cleaning
Platform fees (3%)
Management (20%)
Supplies
Insurance
Utilities
Total expenses
Net annual income
Monthly equivalent

Actual revenue varies by location, property quality, season, and management. Adjust sliders to model different scenarios.

Renovation Budget
Annual Rental Income

Auto-filled from Airbnb estimate

Purchase price
Renovation
Transaction costs
Total investment
Property tax
Insurance
Maintenance
Annual yield
Break-even
5-year return
10-year return
0 yr5101520+

Estimates only. Actual returns depend on rental demand, management quality, renovation scope, and market conditions. Adjust sliders to model scenarios.

1061-15 Nishihama, Wakayama City, Wakayama Prefecture

和歌山県和歌山市西浜1061-15

Get Started

Sign in to save properties

Map & Street View

Map loading...

Location Accuracy Notice: Although we try to make the map accurate with coordinates or address details provided, the location data is provided by the agent. This map data should be used as reference for the surrounding area foremost.

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.