Investment Opportunity in Kamifurano: A Currently Rented Wooden House
This property presents a solid investment opportunity in the scenic town of Kamifurano, Hokkaido. It is a two-story wooden house built in 1900, currently tenanted and generating a steady rental income. The property is being sold as-is, with the building itself being unregistered.
The house offers a 3LDK layout within a total floor area of approximately 57.85 square meters. It sits on a generous plot of land measuring 223.32 square meters, located in a First Category Medium-to-High-Rise Residential Exclusive Zone. The property is connected to essential utilities including electricity, tap water, and a septic tank system. It features a parking space and has road frontage to the northeast.
Key financial details highlight its appeal: the current monthly rent is 40,000 yen, resulting in an annual rental income of 480,000 yen and a surface yield of 18.97%. The asking price for this turnkey investment is 2.53 million yen, with the handover timing open for discussion.
Kamifurano is part of the famous Furano region, renowned for its vast lavender fields and stunning rural landscapes that attract tourists year-round. The area is a gateway to outdoor activities in the Daisetsuzan National Park, Japan's largest national park, offering hiking, hot springs, and breathtaking natural scenery.
