Interesting Properties in Japan

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LeeB
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Re: Interesting Properties in Japan

Post by LeeB »

The property in this post is interesting to me for a number of reasons.

First, it is one I remember looking at years and years ago when we thought about moving to Japan so it has to be at least six years ago that it was put up for sale and then sold, but probably longer than that. It may have been way back in 2011. I don’t remember the price at the time, but the property sold fast.

Second, it is also interesting because of the shape. I call it “THE BOX” as it basically a big concrete box and when looking at the property it looks like a big concrete wall from one side.

Third, it is also located in the planned community in Onjuku. It has the initial transfer fee of 500,000 yen and the ongoing monthly fees of around 5000 yen or so.

Now for the details of the property. The lot isn’t huge or one of those stinky small ones, but at 161坪 or 533 square meters it is reasonable size to take care of.

The house is a two storey job with a size of 105 square meters so a little on the small side, but maybe okay for two people. As the house is two storeys, it opens up the land/lot and there is a small yard and space for a small vegetable garden. It is hard to see from the photos if the land slopes, but given the construction of the house there may be some.

The photos are a little deceptive as it seems that the house backs up to a treed, hilly area, but if you look at the house from a satellite photo there is a road behind the house which separates it from that elevated land. The photo also shows that there are vacant lots on either side of it, tennis courts across the other road, and the main Onjuku community facilities there as well. So unless the house is much higher than that big building, you aren’t going to get much of a view of the coast from your balcony.

The property has no carport or garage, but there are at least three (four?) parking spots just off the road near the main entrance.

As I was looking at the property years ago when I was much younger (richer and more handsome too!!) the two storeys wouldn’t have bothered me at all. In another ten years it might.

The listing this time has no photos of the inside of the property so no idea how much it has changed or what was in there, but from what I remember the property looked nice back then.

The price of the listing this time is 2,800万円 and I don't remember how much it was years ago, but the current price IMO is a little high given what is/was for sale in the area currently and over the past few years.

Overall, a neat little property that would be nice for a holiday house or maybe even to live in year round. The property might appeal to somebody and get a quick sale, but at 2,800万円, well I’d pass on that make an offer around the 2,000万円 area.

http://www.nb-home.jp/bukken/c_onjuku/oj0600.html

And an interesting article on the area from back in 2012:

https://catforehead.com/2012/07/21/fiel ... -onjuku-2/

LeeB
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Re: Interesting Properties in Japan

Post by LeeB »

For this 'interesting property' I've picked something commercial for all you budding business types..........

When looking at Onjuku on the web I seem to recall photos of this business and maybe some stories about it.

This property was listed for sale a while back and I'm not sure about the date so the sale probably might not have much to do with the current business environment surrounding the virus although one would think that the ongoing viability would be greatly impacted.

So the particulars:

A combination surf shop, small I guess what you could call a 'hotel' with 4 rooms, a small owners accomodation area, and a restaurant smack dab in the middle of the Onjuku beach resort area.

Land area is 260 square meters with a total building area of 182 square meters. The zoning is 60%/200% so you are pretty much limited to what more you can put on the property beyond what is there already - another 60 square meters or so. Value of the land assigning zero to the building and business works out to 500,000 or so yen per tsubo.

The price of the business and land is 3900万円.

http://www.onjukutaiyo.com/fudo/11575?s ... el=0&meh=0

As the first line in the property description says:

値下げ

I wonder how it was before the price reduction..............

The photos:

VanillaEssence
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Interesting Properties in Japan

Post by VanillaEssence »

https://981.jp/ftl/searchRes_detail.do? ... =3%2C1%2C2

This property was up for sale a year or two ago and looks like it’s still for sale. Only 129万円 for about 1000m2 and reasonable looking sheds. It’s also amazingly messy inside I think the occupant must be going through some turmoil. If it wasn’t occupied and if one of the middle sections of the property wasn’t registered farmland (how the hell can you farm 200m2) this would be pretty tempting.

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Zasso Nouka
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Post by Zasso Nouka »

Good grief, it looks like Mr Trebus is living there.

Jokes aside if there is someone still living there and you bought it you'd have to get them to move out and if they are having issues that might not be easy, plus is there any outstanding debt on the property ? Given the state of the inside of the house and expense of clearing that it makes you wonder what the structural integrity of the building is like.

But it's still a very cheap price.

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Post by VanillaEssence »

Zasso Nouka wrote:
Fri Aug 28, 2020 5:06 am
Good grief, it looks like Mr Trebus is living there.

Jokes aside if there is someone still living there and you bought it you'd have to get them to move out and if they are having issues that might not be easy, plus is there any outstanding debt on the property ? Given the state of the inside of the house and expense of clearing that it makes you wonder what the structural integrity of the building is like.

But it's still a very cheap price.
If it was at least empty it might be worth considering. I wouldn't be comfortable to kick someone out of their home who has so little access to resources they can't afford 120man to hold onto their house. My Japanese isn't good enough to read the PDF so I'm unsure about existing debts. The house is definitely one of the most fucked I've seen and there's a cat in one of the photos so I'm guessing there is probably stench that has permanently seeped into the wood by now. Probably better to knock it all down but the shed is nice.

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Post by Zasso Nouka »

Maybe a developer would buy that place and kick the resident out somehow then knock everything down and build new on the plot but for an individual buyer it sounds like a lot of hassle.