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Fully Rented 2LDK Investment Property in Niihama - Photo 1
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$56,346

¥8.8M · ¥66,849/m²

Fully Rented 2LDK Investment Property in Niihama

For sale · checked today · listed Feb 18, 2026

  • Niihama, Ehime愛媛県新居浜市港町21-2
  • 2LDK · 131.6 m² (1,417 sq ft)
  • 118 m² of land (35.7 tsubo)
  • Wood-frame, 2 stories · Built 1990
  • JR Niihama Station: 43 min walk

Ownership check

Foreigners can buy property in Japan on the same terms as locals. Here is what this listing says.

1 thing to check before you go further.
  • FreeholdYou would own the land, not lease it.
  • Rebuild rules not statedAsk whether the plot has the road frontage to rebuild.
  • Commercial zoneInside the town plan.
  • Built 1990, wooden, before the 2000 updateMeets the 1981 code but not the 2000 rules for wooden houses. Ask for an inspection.

Read from the listing. Ask us and we confirm each point before you spend money on a trip. Cash buyers can buy from abroad; Japanese mortgages usually need residency.

What it costs to buy and keep

On top of the price, once

Agent commissionLegal maximum$2,282¥356,400
Acquisition tax$563 – $1,690¥88,000 – ¥264,000
Registration + scrivener$826 – $2,119¥129,000 – ¥331,000
Total to buy$60,017 – $62,438¥9,373,400 – ¥9,751,400

Every year

Property tax (est.)$237 – $575¥36,960 – ¥89,760
Fire + earthquake insurance (est.)$320 – $960¥50,000 – ¥150,000

Estimates from the asking price. Taxes are set on the assessed value, which is usually lower.

Life around the house

FamilyMart740 m
Supermarket370 m
Hospital620 m
Niihama Station3.0 km

At this address

  • Earthquake46% chance of strong shaking in 30 years (J-SHIS)
    Very high
  • VolcanoKuju is 212 km away
    Far
  • TyphoonsModerate for this prefecture
    Moderate
  • SnowLittle or no snow most winters
    None
  • PopulationNiihama: -27% by 2050 (IPSS)
    Declining
  • Airbnb / minpakuShort-term letting is allowed in this zone. Registration is still required.
    Allowed
Flood, landslide and tsunami maps for this spot

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Full listing details

This fully rented 2LDK investment property in Niihama offers a promising yield of 12.6%. With a building area of 131.64 sqm and a well-maintained interior, it is located within 2 km of the sea. This two-story home is perfect for investors looking for a property with consistent rental income.

Renovated interiorWithin 2 km of the sea2 stories
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Maneki Homes researches listings and introduces buyers to a licensed real estate agency in our partner network. We are not a real estate brokerage. Offers, negotiations, contracts, disclosures and closing are handled by the licensed agency, which may pay us a referral fee if a purchase completes. Listing data comes from SUUMO; photos belong to the listing agency.

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