Apartment Information

• SYSTEM IDB-17479631746603743
• AddressOeda, Nishikyo Ward, Kyoto City, Kyoto Prefecture
• Public transport10 minute bus ride from Hankyu Kyoto Main Line Rakusaiguchi Station, 5 minute walk (Bus: Shinbayashi Center-mae stop)
• Structure of buildingS construction
• Land area101.8㎡ 【30.79tsubo】 （※private road：36.49m²）
• Building's age3/1990 (35 years)
• Building area286.83㎡ （1階 93.01m2 ／ 2階 ～ 3階 96.91m2）
• Land RightsOwnership
• Conditions of transactionsreal estate broker

Features / Facilities

I registered it about a year ago. The price at the time was 42 million yen. The property has a yield of 11.5%. That sounds good, right? However, it hasn't sold even after a year. There is a good reason. Reason 1, the area it is built in is an urbanization control area, so the bank's appraisal will not increase. 2, there is a possibility that the building area and volume will be exceeded. 3, out of 11 units, 5 units are vacant and 1 unit is currently in use by the seller, for a total of 6 units. The seller will have to sell by March of next year, so if you could set a price limit, we will consider it with an open mind. That's what they said. However, the seller will not accept an unreasonable amount, so you need to have some basis for your offer. The current income is 2.4 million yen per year. The expected full occupancy is 4.8 million yen. What do you think?

Details

Selling price

34,000,000 JPY

Gross rate of return：13.69％

• Property nameApartment for sale in Nishikyo Ward, Kyoto City, Kyoto Prefecture
• Maintenance fee
• Assumed annual income4,656,000 JPY
• The monthly fee for the repair reserve fund
• Balcony area
• The total number of houses11 Units
• Parking
• Exclusively owned area16㎡ ～ 30㎡
• Direction
• Number of stories3story
• Management system
• Zoningnot specified
• Conditions of transactionsreal estate broker
• As isFor rent
• Delivery dateConsultation
• Notification of land transactionsdisuse
• Management Number
• Date of registration3/8/2025
• Note of caution