Address
- Address Shimomiyada-464-7 Hassemachi, Miura, Kanagawa, Japón
- City Miura
- State/county Kanagawa
- Zip/Postal Code 238-0111
- Country JAPAN
Description
This coastal investment opportunity is located at Shimomiyada-464-7 Hassemachi, Miura, Kanagawa 238-0111, Japan. Offered at an entry price of USD 28,571 (based on 4,000,000 JPY at 1 USD = 140) (Additional notary, processing, documentation, and tax expenses are estimated at approximately USD 10,000), this property represents a highly accessible entry point into Japan's growing suburban and leisure real estate markets. For investors seeking reliable cash-on-cash returns, or individuals desiring a tranquil second home near the ocean, this property balances economic efficiency with high lifestyle utility.
A primary asset of this property is its location. Situated just a 7-minute walk from Misakiguchi Station on the Keikyu Kurihama Line, residents enjoy immediate access to local transit. Because Misakiguchi is the terminal (originating) station of the line, commuters are virtually guaranteed a seat for transit toward Yokohama and Tokyo. Direct train connections link the station to Haneda Airport in approximately 70 minutes, making the location practical for frequent international travelers and foreign tourists. Downtown Yokohama can be reached in under 50 minutes, offering a smooth transition between city life and coastal relaxation.
The physical structure is a two-story, light-gauge steel home built in August 1977. It offers a total building area of 82 m² (877 ft²) on a land plot of 161 m² (1,738 ft²). The layout is a functional 3LDK, which includes a traditional Japanese tatami room on the ground floor and multiple western-style rooms on the second level. The home is oriented directly south, allowing natural light to fill the living spaces throughout the day. Externally, the property features a private garden area and dedicated parking space free of charge—a valuable feature in suburban residential zones.
From an investment perspective, the property holds unique potential. The seller explicitly permits subleasing and rental use, making it an excellent candidate for conversion into a vacation rental, a remote-work sanctuary, or a long-term rental property. The underlying land is held under a secure leasehold contract (20-year term) with a monthly lease fee of 12,672 JPY. This structure significantly reduces the initial purchasing capital compared to freehold properties in Kanagawa, thereby increasing the potential net rental yield. While the current toilet system is a vault toilet, an investor can add significant value by upgrading to a modern septic or eco-toilet system during renovation, instantly raising the property’s market appeal and rental value.
For tourists and short-term tenants, the surrounding Miura Peninsula is a major draw. Within a 15-minute drive, visitors can access the scenic Jogashima Island, famous for its dramatic rock formations, hiking trails, and fresh seafood restaurants specializing in local Miura tuna. The historic and culturally rich city of Kamakura—often referred to as the Kyoto of Eastern Japan—is located within a 40-minute drive, offering easy access to centuries-old Zen temples, shrines, and the famous Great Buddha. Additionally, Miurakaigan Beach is just an 8-minute drive away, serving as a regional hub for windsurfing, swimming, and seasonal cherry blossom viewing.
This property combines a low acquisition cost, proximity to transit, and strong tourism appeal, making it a highly practical option for creative investors and coastal lifestyle seekers alike.
Details
CBJ2600572
3
1
82 m²
161 m²
1
1977/08
Floor Plans
Residential Floor Layout
Description:
This two-story detached home features a functional 3LDK layout with a total floor area comprising approximately 57 m² (612 ft²) on the first floor and 24.60 m² which rounds to 25 m² (265 ft²) on the second floor. On the first floor, the entrance on the west side opens into a hallway that leads to a central staircase. To the east, there is a spacious open-plan living, dining, and kitchen (LDK) area measuring approximately 18 m² (192 ft²) based on its 11-tatami-mat size. The southwest corner of the first floor houses a 7-tatami-mat Japanese-style room measuring approximately 11 m² (122 ft²) with built-in storage. The northern side of this floor is dedicated to utility facilities, including a separate toilet, a washroom/dressing area, and a bathroom. The second floor consists of two bedrooms and a shared south-facing balcony. The primary Japanese-style bedroom measures approximately 15 m² (157 ft²) based on its 9-tatami-mat size, while the secondary Japanese-style bedroom measures approximately 7 m² (78 ft²) based on its 4.5-tatami-mat size. Both bedrooms include built-in storage spaces and have direct access to the balcony.
3
1
82 m² (877 ft²)
Features
Additional details
- Layout 3LDK (3 Bedrooms, Living, Dining, Kitchen)
- Structure Light-gauge steel, 2-story detached house
- Building Area 82 m² (877 ft²)
- Land Area 161 m² (1,738 ft²)
- Parking 1 Car
- Utilities Propane gas, public water, public sewer
- Nearest Station Misakiguchi Station (Keikyu Kurihama Line) — 7-minute walk
- Orientation South
- Tags / Highlights Subleasing permitted, terminal station access, low capital entry, highly suitable for a vacation rental base
