Back to results Vacant Land for Sale in Iwaki City, Fukushima - Akiya Bank Listing
Added 5 days ago
Vacant Land for Sale in Iwaki City, Fukushima - Akiya Bank Listing
¥21,800,000

Kajiuchi-30-7, Hirashimohirakubo, Taira, Iwaki City, Fukushima Prefecture

福島県いわき市平下平窪字鍛冶内-30-7

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Vacant Land for Sale in Iwaki City, Fukushima

This property is a vacant residential plot of land located in Iwaki City, Fukushima Prefecture. The land has a total area of 676.06 square meters and is designated as residential land within a City Planning Area's urbanization zone. The specific land use district is categorized as a Category I Medium-to-High-Rise Exclusive Residential Zone, with a building coverage ratio of 60% and a floor area ratio of 200%. The current condition of the property is vacant land, and the handover details are negotiable.

The property is managed through the Akiya Bank program, specifically listed under the public real estate section. It is being sold via a public competitive bidding process conducted by the Tohoku Financial Bureau. The bidding acceptance period runs from Tuesday, April 28, Reiwa 8 to Thursday, May 14, Reiwa 8, with the bid opening scheduled for Wednesday, May 27, Reiwa 8. For full details, please refer to the Tohoku Financial Bureau's website.

Special Notes/Remarks: ※Those wishing to participate in the bidding must carefully read the "Currently Announced General Competitive Bidding Properties (For Sale)" section on the authorities' website and participate only after fully understanding the contents.

Access to the property is approximately a 30-minute walk from JR Ban'etsu East Line's Akai Station. Alternatively, it is a 4-minute walk from the Kajiuchi bus stop, served by Shin Joban Kotsu buses.

Iwaki City is a large municipality located at the southeastern tip of Fukushima Prefecture, bordering Ibaraki Prefecture. It faces the Pacific Ocean to the east, resulting in a relatively mild climate with small temperature variations. The terrain gently slopes from the Abukuma Highlands in the west down to flatlands in the east, with rivers such as the Natsui and Same flowing through the city into the Pacific.

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

Summary

Land size: 676 / 7,277sqft

Short-Term Rental (Minpaku)

Transport

NRT

Narita International Airport — 149 km away

Nearby Konbini

Lawson Lawson — 2 min walk
Seven Eleven Seven Eleven — 5 min walk
Family Mart Family Mart — 5 min walk
Mini Stop Mini Stop — 5 min walk

Internet Connectivity

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¥21,800,000
Purchase Cost & Tax Estimates
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Agent fee (3% + tax)¥000,000
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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
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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.

Kajiuchi-30-7, Hirashimohirakubo, Taira, Iwaki City, Fukushima Prefecture

福島県いわき市平下平窪字鍛冶内-30-7

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