Back to results Regency Maruyama Apartment Building in Chuo-ku Sapporo
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¥388,000,000

Hokkaido, Sapporo, Chuo-ku, Kita 2 Jo Nishi 22 Chome

北海道札幌市中央区北二条西22丁目

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Regency Maruyama: A Spacious Apartment Building in Central Sapporo

This property, Regency Maruyama, is a seven-story reinforced concrete apartment building located in Chuo-ku, Sapporo, Hokkaido. The building was constructed in August 2002 and comprises 17 units. The total land area is 574.64 square meters, and the total floor area is 1,308.60 square meters. The building features a north-facing frontage on a 14.5-meter-wide public road, with one side of the property adjacent to this road. The property is situated on sloping land within a Category 1 Residential Zone. The building coverage ratio is 60%, and the floor area ratio is 200%. The property is under ownership rights (shoyuken).

The individual unit sizes range from 62.72 square meters. The property is currently occupied under a rental agreement. A key condition of the sale is that the buyer must take over the existing lease contracts. The property is located in a designated landscape planning area. The nearest station is Maruyama Koen on the Tozai Line, which is a 10-minute walk away. The property is being exclusively marketed by the listing agent.

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

Summary

Year built: 2002
Land size: 575 / 6,185sqft
House size: 1,309 / 14,086sqft

Short-Term Rental (Minpaku)

Transport

CTS

New Chitose Airport — 44 km away

Nearby Konbini

Lawson Lawson — 2 min walk
Seicomart Seicomart — 4 min walk

Internet Connectivity

Natural Hazard Assessment

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View Plans
¥388,000,000

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

Minpaku Legality Notice

Whether short-term rental (Airbnb/minpaku) is legally permitted at this property is unknown without due diligence. Approval depends on local zoning, municipality-specific rules, fire safety compliance, and public health office licensing — a process that typically costs ¥300,000–400,000 in administrative fees.

These figures are illustrative only and do not imply short-term rental is permitted here. Note: rentals of 30+ days generally do not require minpaku licensing.

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
Total expenses
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

Total Investment
Purchase price
Renovation
Transaction costs
Total investment
Annual Costs
Property tax
Insurance
Maintenance
Returns
Annual yield
Break-even
5-year return
10-year return
0 yr5101520+

Estimates only. Non-resident foreign owners are subject to a 20.42% withholding tax on Japanese rental income — enable the toggle above to model this. Actual returns depend on rental demand, management quality, renovation scope, and market conditions.

Hokkaido, Sapporo, Chuo-ku, Kita 2 Jo Nishi 22 Chome

北海道札幌市中央区北二条西22丁目

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