Back to results Century-Old 2LDK House on 500sqm Land in Oki Islands

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¥1,500,000

Iimi, Okinoshima Town, Oki District, Shimane Prefecture

島根県隠岐郡隠岐の島町飯美

Buy 2LDK House Akiya Bank Corner Lot Parking Rural Quiet Area

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Spacious Traditional Home on Oki Islands with Generous Land

This property presents a rare opportunity to own a substantial piece of land with a traditional Japanese home in the scenic Oki Islands. The house, built in January 1923 and now over a century old, offers a generous total floor area of 164.07 square meters laid out in a 2LDK configuration. The true highlight is the expansive land plot of 509.11 square meters, providing ample outdoor space and privacy. The property is situated on a corner lot in a quiet residential neighborhood with a southern orientation, ensuring good sunlight.

Key equipment and features include a system kitchen, two toilets, a reheating function for the bath, a monitor-equipped intercom, and city gas. The property is also noted as being suitable for multi-generational living. A significant practical advantage is that the property is already connected to the sewer system. The listing includes parking for two or more vehicles.

Critical agent notes must be considered: The property is designated as being within both a sediment disaster warning area and a sediment disaster special warning area. Essential services are located at some distance: the town hall is 5.0km away, as are a clinic, a nursery school, and an elementary school. The nearest junior high school is 18.0km from the property.

The home is located in the Iimi area of Okinoshima Town, part of the remote and beautiful Oki Islands UNESCO Global Geopark in Shimane Prefecture. This archipelago is renowned for its dramatic coastal landscapes, unique geology, and rich cultural heritage tied to ancient Japanese mythology. A major landmark nearby is the stunning Kuniga Coast, famous for its majestic sea cliffs and natural rock formations.

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

Summary

Bedrooms: 2
Parking: 2
Year built: 1923
Land size: 509 / 5,480sqft
House size: 164 / 1,766sqft

Short-Term Rental (Minpaku)

Transport

ITM

Osaka International Airport — 255 km away

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¥1,500,000
Purchase Cost & Tax Estimates
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Agent fee (3% + tax)¥000,000
Acquisition tax¥000,000
Registration & stamp¥000,000
Property tax (annual)¥00,000/yr
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Nightly Rate¥00,000
Occupancy Rate00%
Est. booked nights/year000 nights
Net annual income ¥0,000,000
Monthly equivalent¥000,000
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Investment ROI
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Annual yield0.0%
Break-even00.0 years
5-year return¥0,000,000
10-year return ¥00,000,000
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Iimi, Okinoshima Town, Oki District, Shimane Prefecture

島根県隠岐郡隠岐の島町飯美

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