For SaleCondominiumAkiya

Apartment in Shimobe, Minobu-cho, Minamikoma-gun

Shimobe, Minobu-cho, Minamikoma-gun, Yamanashi Prefecture
  • Roof balcony
Asking Price
¥2,800,000
Apartment in Shimobe, Minobu-cho, Minamikoma-gun - 1/10
1 / 10

Executive Summary

This 12-story steel reinforced concrete (SRC) apartment building, built in March 1991, is located in Shimobe, Minobu-cho, Minamikoma-gun, Yamanashi Prefecture. It is situated an 8-minute walk from Shimobe-onzen Station on the Minobu Line. The unit is a southwest-facing 2LDK on the 4th floor, with a floor area of 53.7 sqm, a balcony area of 10.92 sqm, and a roof balcony. Amenities include a counter kitchen, IH cooking heater, bidet toilet seat, and two or more elevators. The land rights are ownership, and the zoning is undesignated. The unit is currently vacant and available for immediate handover. Nearby facilities include a medical facility at 192 m (a 3-minute walk) and a post office at 673 m (a 9-minute walk). Common facilities include a large hot spring bath, and the management fee includes CATV fees, water charges, and hot spring bathing tax/fees. Management is fully outsourced with a resident manager.

Property Details

Building Area
53.7 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
SRC
Built Year
1991
Floors
Floor 4 of 12
Earthquake Std.
New Seismic Standard
Transport
  • Shimobe-onsen Station
    Minobu Line
    Walk 8 min
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

Site area (whole building)
2,164.0 ㎡
Land rights
Freehold
Zoning
No zoning designated

Costs besides the price

Parking
Yes

Building management

Management type
Fully outsourced
Building manager
Live-in
Management company
グランドール下部温泉郷
Total units
82 units

Utilities & nearby

Gas
Propane gas

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

Around the property

This summarizes expected hazards, past disaster records, designated hazard zones, city planning, the surroundings (stations, schools, medical facilities and more), population, land prices and transactions around the property, based on data from Japan's Ministry of Land, Infrastructure, Transport and Tourism. The position is estimated from the address, so it can differ from the actual lot near the edge of an area. Hazard areas and records shown are only those published by national and local governments; being outside a published area, or not finding a record, does not mean damage cannot occur. Please confirm details on the municipality's hazard map and in the explanation of important matters given at the time of purchase.

Expected hazards nearby

Flood (maximum expected scale)
Not within a published hazard areaFlooding from rivers without a published assessment, and flooding caused by overwhelmed drainage, is not included.
Storm surge
Not within a published hazard area
Tsunami
Not within a published hazard area
Landslide
Steep slope failure・Landslide warning zone
Liquefaction
Unlikely to liquefyA tendency for each grid cell of about 250 m, based on landform. It is not an assessment of the lot itself.

Please check your municipality's hazard map for details.

Past disaster records

Published records
No published record was found at this point or within about 300 m

This covers past disaster records published by national and local governments. Not finding a record does not mean that no disaster occurred.

Designated hazard zones

Steep slope failure hazard zone / Landslide prevention zone / Disaster hazard zone / Large-scale fill land
Not included in the published zones

This covers designated zones and maps published by national and local governments. Building and other restrictions may apply inside a zone. Please confirm the details with the municipality and in the explanation of important matters.

City planning

Urbanization zoning
Outside city planning areas (not included in the published city planning areas)

Because the position is approximate, this may differ from the designation of the lot itself. Please confirm the actual designation in the explanation of important matters.

Surroundings

下部温泉 (東海旅客鉄道)
About 118 passengers per day (FY2023)About 540 m in a straight line
Public elementary school district
下山小学校 (身延町立)School districts are set by the municipality and may change.
Nearest hospital (within 1 km)
医療法人財団交道会しもべ病院About 130 m in a straight line / Hospitals within 1 km: 1

Distances are straight-line distances from the property's location, not walking times. Passenger figures are the combined daily boardings and alightings published by the railway operator (annual average). Names of stations, schools and facilities are shown in Japanese.

Population outlook nearby

Share aged 65 and over
76% → 67.7% (2025 → 2050)

Data for a grid cell of about 250 m, based on estimates by the Ministry of Land, Infrastructure, Transport and Tourism (starting from the 2020 census). Because the cell is small, it can differ from actual numbers and does not represent the trend of the whole municipality.

This service uses the API functions of the Real Estate Information Library of the Ministry of Land, Infrastructure, Transport and Tourism, but the timeliness, accuracy and completeness of the information provided are not guaranteed.

Source: Ministry of Land, Infrastructure, Transport and Tourism, Real Estate Information Library (国土交通省 不動産情報ライブラリ). Processed by us for the area around this property.Retrieved: 10/15/2026

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
—

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)
-9.2%
Net gain
¥-2,610,000
Gain on total investment -79.9%
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¥2,800,000¥-180,000¥-970,000-29.8%-29.8%
2yr¥2,800,000¥-360,000¥-1,150,000-35.4%-19.0%
3yr¥2,800,000¥-540,000¥-1,340,000-41.0%-15.0%
4yr¥2,800,000¥-730,000¥-1,520,000-46.5%-12.9%
5yr¥2,800,000¥-910,000¥-1,700,000-52.1%-11.7%
6yr¥2,800,000¥-1,090,000¥-1,880,000-57.7%-10.9%
7yr¥2,800,000¥-1,270,000¥-2,060,000-63.2%-10.3%
8yr¥2,800,000¥-1,450,000¥-2,240,000-68.8%-9.8%
9yr¥2,800,000¥-1,630,000¥-2,420,000-74.3%-9.4%
10yr¥2,800,000¥-1,810,000¥-2,610,000-79.9%-9.2%

Assumptions

  • Total investment ¥3,261,000 (price ¥2,800,000 + purchase costs ¥461,000)
  • Management fee and repair reserve: ¥313,680 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.)
¥461,000
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)¥50,000
Registration License Tax (title transfer)¥20,000
Stamp Duty (purchase agreement)¥1,000
Judicial Scrivener & Other Fees (est.)¥60,000

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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