Affordable Coastal Property in Oki Islands Offers Renovation Potential

This property is a detached house for sale located in the northwestern part of Oki no Shima Island, offering proximity to the sea. Priced at an accessible 500,000 JPY, this home presents a significant opportunity for those looking to invest in a renovation project within a quiet residential neighborhood. The house was built in January 1968, making it 58 years old, and features a traditional wooden structure.

The property's layout is a 3DK, providing three rooms plus a dining-kitchen area. The total building area is a spacious 120.49 square meters, situated on a generous 247.05 square meter plot of land. The south-facing orientation ensures good natural light. Key features include a system kitchen, two toilets, a reheating function for the bath, a monitor-equipped intercom, and the potential for two-family living. The property is on a corner lot and has parking for two or more vehicles. It is supplied with city gas. The equipment includes a separate bath and toilet room, a water supply system, and a septic tank that requires periodic emptying.

According to the agent's special notes, the property is located approximately 3.5km from the town hall, 6.5km from a clinic, 6km from a nursery school, 5.3km from an elementary school, and 6km from a junior high school. It is important for potential buyers to be aware that the property is located within a sediment disaster warning zone (steep slopes) and a predicted tsunami inundation area.

The property is situated in the Oki Islands, a UNESCO Global Geopark renowned for its unique volcanic landscapes, rich cultural heritage, and diverse marine life. The area is a haven for nature lovers and offers activities like hiking, kayaking, and exploring ancient shrines. A major landmark nearby is the stunning Kuniga Coast, famous for its dramatic sea cliffs and natural rock formations.