Spacious Corner Plot with Existing House in Kinokawa City
This expansive land parcel of 1,945 square meters (approximately 588.36 tsubo) presents a rare opportunity in the desirable location of Kinokawa City, Wakayama Prefecture. The property is a generously sized, three-sided corner lot with frontage on public roads to the north (7.1m), west (4.2m), and south (4.2m). It is situated within a short 8-minute walk from Shimoisaka Station on the JR Wakayama Line, offering excellent access to the wider region. The land is flat and designated as non-delineated urban planning area, with a building-to-land ratio of 70% and a floor area ratio of 200%, providing significant potential for development.
According to the agent's notes, the current status of the property includes an existing old house. The agent encourages interested parties to freely inquire about arranging a viewing at their preferred date and time. Critical remarks include that the property is subject to the Landscape Act and Land Readjustment Project Regulation Area. It is located within an Agricultural-Residential Symbiosis Area and is classified as Type 2 Agricultural Land (property code: 148001-24115-51729). The fixed asset tax for Reiwa 7 (2025) is 5,334 yen. Conversion from agricultural land is possible, with an estimated process taking about 10 months to one year. Additional costs are outlined: installation of a septic tank is 10,000 yen per person capacity; land category change fee is 100,000 yen per tan (approx. 991.7 sqm); neighborhood association fees include a 5,000 yen admission fee and an annual fee of 5,000 yen; and a water settlement fee is calculated as (square meters x 250 yen) + 200 yen.
The area of Kinokawa City offers a blend of rural tranquility and convenient amenities. An interesting local fact is that the city is named after the Kino River (Kinokawa), which is the largest river in Wakayama Prefecture and has historically been vital for agriculture and transportation in the region. For those interested in cultural and historical sites, the renowned Kokawa-dera Temple, one of the three major temples in Kansai dedicated to Kannon Bosatsu, is located within the city and is a significant tourist attraction.