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Auction: Land and House in Tsushima, Nagasaki
¥1,790,000

686-31 Funakoshi, Mitsushima-cho, Tsushima City, Nagasaki Prefecture

長崎県対馬市美津島町大船越字船越686番地31

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Land and Building in Tsushima City, Nagasaki

This property, located at 686-31 Funakoshi, Mitsushima-cho, Tsushima City, Nagasaki Prefecture, is currently available for purchase through a court-managed real estate auction. The auction has a base price of 1,790,000 JPY and the bidding period is open until May 8, 2026.

The property consists of land and a building. The land area is 160.4 square meters (approximately 48.5 tsubo). The building is a single-story wooden structure with a tile roof, constructed in August 1960 (Showa 35). The registered floor area of the building is 766.00 square meters. The property is located outside of any city planning area and has no designated land use zone. The current land appraisal value is estimated at 6,416,000 JPY, based on a published land price of 50,000 JPY per square meter. The property is currently occupied.

Key auction details include a required deposit of 360,000 JPY and a minimum purchase price of 1,430,000 JPY. The opening of bids is scheduled for May 12, 2026, with the final sale decision date set for June 2, 2026. The property is situated at an elevation of 1.8 meters and is noted to have an extremely high flood risk, while the landslide risk is low.

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

Summary

Year built: 1960
Land size: 160 / 1,727sqft
House size: 766 / 8,245sqft

Short-Term Rental (Minpaku)

Transport

FUK

Fukuoka Airport — 128 km away

Internet Connectivity

Natural Hazard Assessment

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Data: MLIT DisaPortal · Flood, landslide, tsunami & storm surge zones · USGS Earthquake Catalog

¥1,790,000

Estimates only. Actual costs vary by property, municipality, and transaction details.

Nightly Rate
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Cleaning
Platform fees (3%)
Management (20%)
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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
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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.

686-31 Funakoshi, Mitsushima-cho, Tsushima City, Nagasaki Prefecture

長崎県対馬市美津島町大船越字船越686番地31

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