Back to results Renovated 1LDK Apartment in Kainan, Wakayama - 990,000 Yen
¥990,000

Okada, Kainan City, Wakayama Prefecture

和歌山県海南市岡田

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Renovated 1970s Apartment with South-Facing Top Floor Views in Wakayama

This property is a 1LDK apartment located on the 5th floor of a 5-story reinforced concrete (RC) building in Okada, Kainan City, Wakayama Prefecture. The apartment underwent partial renovation in 2020 and offers a south-facing orientation from its top-floor position, ensuring excellent natural light. The private floor area is 39.03 sqm (approximately 11.8 tsubo).

Translated agent notes and equipment details are as follows. The property features ample storage space and closets. A special note (特記備考) states that the availability of parking spaces requires confirmation and that the property will be handed over in its current condition (現状渡し). The transaction is handled as a general intermediary (一般媒介).

The building itself was constructed in August 1971 and contains a total of 30 units. Management is conducted autonomously by the owners' association with a巡回 (patrol/roaming) system, and a management company is involved. The property is currently vacant, and immediate handover is possible. Monthly costs include a 3,000 yen management fee, with no repair reserve fund (修繕積立金). The total price is 990,000 yen.

The area of Kainan City offers a blend of coastal and historical charm. An interesting local fact is that Kainan is home to the famous 'Kishu Toshogu Shrine,' a designated national treasure known for its intricate wood carvings and connection to Tokugawa Ieyasu. The closest major landmark from this property is the scenic coastline of the Kii Channel, providing beautiful ocean views and relaxing seaside walks.

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

Summary

Bedrooms: 1
Year built: 1971
House size: 39 / 420sqft

Short-Term Rental (Minpaku)

Transport

KIX

Kansai International Airport — 29 km away

Nearby Konbini

Family Mart Family Mart — 10 min walk
Lawson Lawson — 11 min walk
Daily Yamazaki Daily Yamazaki — 17 min walk

Internet Connectivity

Natural Hazard Assessment

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¥990,000
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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Airbnb Revenue Estimate
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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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All figures are illustrative estimates only and do not constitute financial, investment, or legal advice. Consult a qualified professional before making any investment decision. Terms apply.

Okada, Kainan City, Wakayama Prefecture

和歌山県海南市岡田

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Source: storage3.zentaku.or.jp

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