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¥5,800,000

547-1 Sonobe, Wakayama City, Wakayama Prefecture

和歌山県和歌山市園部547-1

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Building Land in Wakayama City

This is a plot of residential land located in the Sonobe area of Wakayama City, Wakayama Prefecture. The site has a land area of 474.36 square meters (approximately 143.49 tsubo) and is classified as residential land with a flat topography. The property is zoned as a Category 1 Low-Rise Residential Exclusive District, with a building coverage ratio of 50% and a floor area ratio of 100%. Utility infrastructure includes public water supply, gas (other), and sewage. There is an existing old house on the land. The property is being sold under a brokerage agreement, and the land rights are freehold. For those interested in seeing the property in person, please feel free to contact the agent at your convenience to arrange a viewing date.

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

Summary

Land size: 474 / 5,106sqft

Short-Term Rental (Minpaku)

Transport

KIX

Kansai International Airport — 19 km away

Nearest Konbini

seven_eleven Seven Eleven — 8 min walk

Internet Connectivity

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¥5,800,000

547-1 Sonobe, Wakayama City, Wakayama Prefecture

和歌山県和歌山市園部547-1

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Source: www.homes.co.jp

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Estimates only. Actual costs vary by property, municipality, and transaction details. Book a consult →

Minpaku Legality Notice

Whether short-term rental (Airbnb/minpaku) is legally permitted at this property is unknown without due diligence. Approval depends on local zoning, municipality-specific rules, fire safety compliance, and public health office licensing — a process that typically costs ¥300,000–400,000 in administrative fees.

These figures are illustrative only and do not imply short-term rental is permitted here. Note: rentals of 30+ days generally do not require minpaku licensing.

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

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

Estimates only. Non-resident foreign owners are subject to a 20.42% withholding tax on Japanese rental income — enable the toggle above to model this. Actual returns depend on rental demand, management quality, renovation scope, and market conditions.

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.