For SaleCondominium

Minami Enmyojigaoka Danchi Building 8

Oaza Enmyoji Koaza Saihoji, Oyamazaki-cho, Otokuni-gun, Kyoto
  • Renovated August 2026 (full)
  • Private garden
Asking Price
¥13,900,000
Minami Enmyojigaoka Danchi Building 8 - 1/16
1 / 16

Executive Summary

This property is located on the 1st floor of a 4-story reinforced concrete (RC) apartment building constructed in October 1972, situated in Oaza Enmyoji Koaza Saihoji, Oyamazaki-cho, Otokuni-gun, Kyoto. It is a 14-minute walk from Nishiyama-Tennozan Station on the Hankyu Kyoto Line. The unit has a floor area of 61.1 sqm with a 2LDK layout, and features a south-facing 15 sqm balcony as well as a private garden. Amenities include a monitor-equipped intercom and an air conditioner. Renovations were completed in August 2026, including the replacement of the system kitchen, unit bath, vanity, toilet, wiring and piping, and new flooring throughout all rooms. Land rights are ownership, and the zoning is Category I Medium-to-High-Rise Residential Zone. The property is currently vacant, with delivery on the specified date of January 7, 2027. Nearby facilities include a kindergarten/nursery school 321m away (a 5-minute walk) and an elementary school 562m away (an 8-minute walk).

Property Details

Building Area
61.1 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1972
Floors
Floor 1 of 4
Earthquake Std.
Old Seismic Standard
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
On a set date: January 7, 2027

Land & legal restrictions

Site area (whole building)
1,890.3 ㎡
Land rights
Freehold
Zoning
Category 1 mid/high-rise residential zone

Costs besides the price

Parking
Yes

Building management

Management type
Self-managed
Building manager
不在
Owners' association
Yes
Total units
24 units

Utilities & nearby

Gas
City gas
To elementary school
about 562 m
To junior high school
about 1607 m

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
5.04%
Est. Net Yield
3.47%

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)
2.5%
Net gain
+¥3,610,000
Gain on total investment +24.1%
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¥13,900,000+¥520,000¥-1,050,000-7.0%-7.0%
2yr¥13,900,000+¥1,040,000¥-530,000-3.6%-1.8%
3yr¥13,900,000+¥1,550,000¥-20,000-0.1%0.0%
4yr¥13,900,000+¥2,070,000+¥500,000+3.4%0.9%
5yr¥13,900,000+¥2,590,000+¥1,020,000+6.8%1.4%
6yr¥13,900,000+¥3,110,000+¥1,540,000+10.3%1.8%
7yr¥13,900,000+¥3,620,000+¥2,050,000+13.7%2.1%
8yr¥13,900,000+¥4,140,000+¥2,570,000+17.2%2.3%
9yr¥13,900,000+¥4,660,000+¥3,090,000+20.7%2.4%
10yr¥13,900,000+¥5,180,000+¥3,610,000+24.1%2.5%

Assumptions

  • Total investment ¥14,934,700 (price ¥13,900,000 + purchase costs ¥1,034,700)
  • Management fee and repair reserve: ¥144,000 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.)
¥1,034,700
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥524,700
Real Estate Acquisition Tax (est., rate varies by property type)¥250,000
Registration License Tax (title transfer)¥120,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥130,000

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.

Apply online

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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