For SaleDetached HouseAkiya

Detached House for Sale

Saiwai 2-chome, Otaru-shi, Hokkaido
Asking Price
¥4,500,000
Detached House for Sale - 1/6
1 / 6

Executive Summary

This is a 2-story wooden detached house built in September 1993, located in Saiwai 2-chome, Otaru-shi, Hokkaido. It is situated a 35-minute walk from Otaru Station on the Hakodate Main Line. The building area is 106㎡, and the layout is 4LDK. The land area is 228.82㎡ on the official registry with ownership rights, and it is designated as a Category I Low-rise Residential Zone within an urbanization promotion area, with a building coverage ratio of 60% and a floor area ratio of 100%. Road access is on the north side. The property is currently vacant, and immediate handover is available.

Property Details

Building Area
106.0 ㎡
Layout
4LDK
4 bedrooms + living, dining & kitchen
Structure
Wood
Built Year
1993
Floors
2 Floors
Earthquake Std.
New Seismic Standard
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land area
228.8 ㎡per land registry
Land rights
Freehold
Land category
Residential land
City planning area
Urbanization promotion area
Zoning
Category 1 low-rise residential zone
Building coverage / floor area ratio
60% / 100%
Road access
North side
Private road share
None

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
5.11%
Est. Net Yield
4.33%

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)
2.8%
Net gain
+¥1,320,000
Gain on total investment +26.3%
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¥4,500,000+¥220,000¥-630,000-12.6%-12.6%
2yr¥4,500,000+¥430,000¥-420,000-8.3%-4.3%
3yr¥4,500,000+¥650,000¥-200,000-4.0%-1.4%
4yr¥4,500,000+¥870,000+¥20,000+0.3%0.1%
5yr¥4,500,000+¥1,090,000+¥230,000+4.7%1.0%
6yr¥4,500,000+¥1,300,000+¥450,000+9.0%1.6%
7yr¥4,500,000+¥1,520,000+¥670,000+13.3%2.0%
8yr¥4,500,000+¥1,740,000+¥890,000+17.7%2.4%
9yr¥4,500,000+¥1,960,000+¥1,100,000+22.0%2.6%
10yr¥4,500,000+¥2,170,000+¥1,320,000+26.3%2.8%

Assumptions

  • Total investment ¥5,021,000 (price ¥4,500,000 + purchase costs ¥521,000)
  • No management fee or repair reserve (you own the whole building)
  • 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.)
¥521,000
Brokerage fee (special rule for properties of ¥8M or less: flat ¥300,000 plus consumption tax)¥330,000
Real Estate Acquisition Tax (est., rate varies by property type)¥80,000
Registration License Tax (title transfer)¥40,000
Stamp Duty (purchase agreement)¥1,000
Judicial Scrivener & Other Fees (est.)¥70,000

For properties of ¥8M or less, the brokerage fee is a flat ¥330,000 including tax under a special rule in the regulations (explained when you sign the brokerage agreement).

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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