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¥150,000

Hayashima Town, Kukubu District, Okayama Prefecture

岡山県都窪郡早島町

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Source: www.ieichiba.com

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A Neglected Taisho-Era Folk House in Okayama's Hayashima Town

Critical agent notes translated from the description reveal the property's substantial shortcomings. The water pipe connection from outside to inside is broken, rendering indoor water unusable. The toilet is a pit latrine, which is currently not in use. The access road is narrow, only just wide enough for a standard passenger car, and has a slope, making it difficult for inexperienced drivers. The seller manually excavated part of the land over a year to create space for one kei car. Crucially, boundary confirmation was not completed at purchase due to the seller being told it was not customary in the countryside and failing to obtain neighbor consent. Therefore, the sale is proposed based on the current condition and registered area. The seller explicitly states this is not a bargain find but a "負動産" (negative asset) full of defects, suitable only for demolition or complete renovation, with all costs to be borne by the buyer.

The area of Hayashima Town offers a quiet, rural setting within reasonable proximity to Okayama City. An interesting local fact is that Hayashima is one of the smallest towns in Okayama Prefecture by area. The closest major tourist attraction is the historic Kurashiki Bikan Historical Quarter, renowned for its beautifully preserved Edo-period merchant houses and canals, located a short drive away and offering a stark contrast to this rustic property.

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

Summary

Year built: 1921
Land size: 534 / 5,748sqft
House size: 107 / 1,152sqft

Short-Term Rental (Minpaku)

Earthquake Building Code

Transport

KIX

Kansai International Airport — 131 km away

Nearest Konbini

sunkus Sunkus — 5 min walk

Internet Connectivity

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Brokerage fee (known)¥000,000
Judicial scrivener (known)¥000,000
Acquisition tax (est.)¥000,000 – ¥000,000
Registration & stamp (est.)¥000,000 – ¥000,000
Property tax (est., annual)¥00,000 – ¥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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Annual yield0.0%
Break-even00.0 years
5-year return¥0,000,000
10-year return ¥00,000,000
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Location Type Beds Price Land House View

* Sold properties shown for price comparison only. Prices reflect historical sale data.

Location Type Beds Rent/Month Land House View

* Rental prices shown are monthly rates. Contact property owner for current availability.

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