5K Iwaki City Fukushima Prefecture Property

This wooden house, constructed in 1976, is situated in Iwaki City, Fukushima Prefecture, a location known for its natural beauty and serene atmosphere. It offers a practical 5K layout, encompassing a comfortable building area of 112.0 square meters on a substantial lot spanning 515.0 square meters. The ample outdoor space provides opportunities for gardening or leisure. This property is ideally suited for those seeking a tranquil residential life, serving as a peaceful holiday retreat, or presenting significant potential as an income-generating rental property within the local market. Several important considerations pertain to this property, which should be carefully reviewed. The share in the private road providing access is currently unregistered, and this matter is subject to ongoing negotiations to clarify its status. Furthermore, there is a possibility that the existing water supply line traverses an adjacent property, which implies that in the event of significant damage, the installation of a new connection might be required. Prospective buyers should also be aware that extensive renovations to the structure may incur additional design fees, particularly due to revised building codes that become effective from April 2025. Lastly, the complete set of building confirmation documents was not inherited from the previous owner. This information is provided for full transparency.