Akiya for sale in Otsuchi Town, Iwate · ¥1.5M

Otsuchi Town, Iwate

Transport: Town bus, 3-minute walk from Ogakuchi 1-chome. Notes: sold as-is; parking available. Total units: 1.

Type: Akiya (vacant home)
Condition: As-is
Land: 166 m²
Floor area: 94 m²
Built: 1982
Bedrooms: Not listed

Highlights

166 m² of land
94 m² of floor space
Listed through a municipal akiya bank
Priced for restoration; condition is as-is

Features & specifications

Parking for 2+ vehiclesSouth-facingQuiet residential areaMains gasFitted kitchen2 toiletsBath reheatingSuitable for 2-family living

Layout: 6DK
Structure: Timber

Unlock At a glance

Hazard report

Read from the official national hazard maps at this listing’s coordinates on 2026-08-04.

EarthquakeElevated7.2% chance of shindo 6-lower or stronger shaking within 30 years (J-SHIS mesh 5941074044)Mapped hazard zone. Factor mitigation into your budget.

FloodHighDesignated flood zone, 3–5 m modelled depthSignificant designated risk. Get a specialist survey before offering.

LandslideLowOutside designated landslide warning zonesOutside mapped hazard zones. Standard checks still apply.

TsunamiElevatedModelled tsunami inundation zone (moderate depth)Mapped hazard zone. Factor mitigation into your budget.

These readings come from national datasets at the parcel’s coordinates, not from a site survey. Designations are revised, and the map cannot see ground conditions on the plot. Confirm the current designation with the municipality and a licensed local professional before making an offer.

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Yield estimator

Explorer

Model the return against the real asking price. Drag to test your own renovation budget and rent assumptions.

Renovation budget$0Expected monthly rentNot set

Starting point: privately rented detached houses of 70 to 99 m² in Iwate average ¥51,443 a month across 4,100 dwellings. That is an area average, not a valuation of this house. What this one achieves depends on its condition and on local demand, which is thin in most akiya towns. The survey does not break Otsuchi Town out separately, so this covers the whole prefecture including its cities and will run high for a rural address. Treat it as a ceiling, not a forecast. Housing and Land Survey 2023 (e-Stat), read 2026-08-04.

All-in cost

$9,600

Price + renovation

Annual rent

Not set

At your assumption

Gross yield

Not set

Rent ÷ all-in

Est. net yield

Not set

After ~28% costs

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Estimate only, not a guarantee or an offer. Figures ignore financing, vacancy, and currency movement. Verify local rents and costs with your agent before you rely on them.

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