For SaleCondominium

Gosho Minami Grand Demeure Sakaimachi Nijo

Kameya-cho, Sakaimachi-dori Nijo-agaru, Nakagyo-ku, Kyoto-shi, Kyoto
Asking Price
¥39,800,000
Gosho Minami Grand Demeure Sakaimachi Nijo - 1/15
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Executive Summary

This is a 2nd-floor unit in Gosho Minami Grand Demeure Sakaimachi Nijo, an 8-story reinforced concrete (RC) condominium built in November 1988, located in Kameya-cho, Sakaimachi-dori Nijo-agaru, Nakagyo-ku, Kyoto-shi, Kyoto. It is located a 7-minute walk from Marutamachi Station on the Kyoto Municipal Subway Karasuma Line. It is a west-facing 1LDK corner unit with a floor area of 52.4 sqm and a balcony area of 8.73 sqm. It is equipped with a system kitchen, an auto-bath, a warm-water bidet toilet seat, and a storage locker (no usage fee), with a full renovation completed in January 2022 covering the replacement of water fixtures, wallpaper, and flooring. Land rights are ownership, and the zoning is Commercial Zone. The current status is occupied, delivery timing is subject to consultation, and the transaction is on an as-is basis. Nearby facilities include a convenience store 159m away (2-minute walk), a post office 328m away (5-minute walk), a medical institution 352m away (5-minute walk), and commercial facilities 363m away (5-minute walk).

Property Details

Building Area
52.4 ㎡
Layout
1LDK
1 bedroom + living, dining & kitchen
Structure
RC
Built Year
1988
Floors
Floor 2 of 8
Earthquake Std.
New Seismic Standard
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Occupied by the seller
Handover
Negotiable

Land & legal restrictions

Land rights
Freehold
Zoning
Commercial zone

Costs besides the price

Parking
No space available

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
オークラハウジング(株)
Owners' association
Yes

Utilities & nearby

Gas
City gas

Please confirm the details in the explanation of important matters before purchase.

Location & Map

Investment Analysis

Yield figures for this property are provided once rental terms are confirmed. Please contact us.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.00%
Est. Net Yield
3.99%

The annual rent below is an assumption for this simulation, not rental data for this property. Adjust the slider to explore scenarios.

If sold after 10 years (before tax)
Annual return (IRR)
3.1%
Net gain
+¥12,840,000
Gain on total investment +30.2%
Est. Property ValueCumulative Net IncomeNet gain

If sold at the end of each year (before tax)

YearEst. Property ValueCumulative Net IncomeNet gainGain on total investmentAnnual return (IRR)
1yr¥39,800,000+¥1,700,000¥-2,430,000-5.7%-5.7%
2yr¥39,800,000+¥3,390,000¥-740,000-1.7%-0.9%
3yr¥39,800,000+¥5,090,000+¥960,000+2.3%0.8%
4yr¥39,800,000+¥6,790,000+¥2,660,000+6.2%1.6%
5yr¥39,800,000+¥8,480,000+¥4,350,000+10.2%2.1%
6yr¥39,800,000+¥10,180,000+¥6,050,000+14.2%2.5%
7yr¥39,800,000+¥11,870,000+¥7,750,000+18.2%2.7%
8yr¥39,800,000+¥13,570,000+¥9,440,000+22.2%2.9%
9yr¥39,800,000+¥15,270,000+¥11,140,000+26.2%3.0%
10yr¥39,800,000+¥16,960,000+¥12,840,000+30.2%3.1%

Assumptions

  • Total investment ¥42,539,400 (price ¥39,800,000 + purchase costs ¥2,739,400)
  • Management fee and repair reserve: ¥184,140 per year
  • Property management fee: 5.5% of rent (incl. tax)
  • Selling costs (brokerage fee and stamp duty) are deducted from the sale price
  • Taxes (income tax on rent, tax on capital gains, etc.), vacancies, property tax and repair costs are not included

This simulation is an estimate based on the inputs provided and does not guarantee future income or asset value. Actual results may vary due to market conditions, vacancy rates, and interest rates. Investment decisions are made at your own risk; we do not provide investment advisory or agency services.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥2,739,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,379,400
Real Estate Acquisition Tax (est., rate varies by property type)¥710,000
Registration License Tax (title transfer)¥350,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥290,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

Book from open times

Book a Private Viewing or Online Consultation

Choose from open times. Online consultations are confirmed right away and we send you a confirmation email. Live viewings from the property and in-person visits are confirmed after we check that the property can be viewed.

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Submit a Purchase Offer (LOI) for This Property

Send us your preferred price and closing timing. After you apply, you will move on to online identity verification (passport IC chip scan and proof of address) and electronic signing of the purchase agreement. You can follow the progress on My Page.

Identity verification under Japan's Act on Prevention of Transfer of Criminal Proceeds (online check and a code sent by international registered mail)
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