Akiya House (1986) 🏠 at $12,670 (Fukuoka) 2024

This is a well-maintained and clean vacant property, but it is situated in a dilapidated area where most properties are rundown, abandoned, or demolished. It is hard to get to by car and has no easy access to the main road.
Here are the pros and cons of this property:
PROS
1. well maintained
2. requires minor renovation
CONS
1. no parking space
2. electrical wiring needs to be checked and upgraded
3. plumbing needs to be checked and upgraded
4. far from the commercial area
5. hard to get to
6. dilapidated neighborhood
7. aging neighborhood
8. unsafe area
Name: 1891-73 Tsuruda, Miyawaka City, Fukuoka Prefecture
Location: 1891-73 Tsuruda, Miyawaka, Fukuoka 823-0002
Link: 1891-73 Tsuruda, Miyawaka, Fukuoka 823-0002
Year: 1986
Type: 4LDK (Livingroom, Dining Room, Kitchen)
Repair: requires minimum renovation
Price: 2 million yen
Shot & edited on Samsung Galaxy S23+ *

[@luckystarlight]

wow that fallen down house is crazy, I'm surprised they aren't required to remove it!

[@ttran686]

The owners of those properties are unwilling to clean them up because it costs thousands of dollars (millions of yen). There are so many properties like that one all across Japan. City officials offer incentives and grants to clean up those vacant, unlivable properties, but owners are still hesitant to come forward and claim them.

[@ttran686]

Happy New Year 🎉! Wishing you the best in all things.

[@theakanani1562]

I was wondering, can you buy an akiya, tear it down and build a brand new home on the lot?

[@ttran686]

That would depend on the property, the city ordinance where the property is located, and the zoning. The listing agent would tell you upfront if you can or cannot. In some cases, similar to this particular property, you can tear down the structure but you cannot build a new structure on it.

[@theakanani1562]

@@ttran686 Thank you.