Isahama Seaside Condominium: A Renovated Investment Opportunity in Okinawa
This listing presents a renovated 1LDK apartment within the Isahama Seaside Condominium complex in Ginowan City, Okinawa. The property, priced at 12 million yen, offers a 50.77 sqm (approximately 15.35 tsubo) private area and is situated on the 5th floor of an 8-story reinforced concrete (RC) building. Built in May 1985, the unit has been recently renovated, resulting in a clean and attractive interior. The layout is a 1LDK, featuring a separate bath and toilet, a bathtub, an independent washbasin area, a warm-water washing toilet seat, a kitchen with 3 or more burners, ample storage including a shoe box, and south-facing balcony access. The building is equipped with an elevator and is a corner unit.
According to the agent's notes, the property features an elevator. The agent, Ye Station Ginowan, emphasizes a customer-first approach. They offer consultations for the purchase and sale of various real estate types, including detached houses, condominiums, and land, and provide support to make first-time buyers feel at ease. Consultations are available in person, by email, or by phone, and they encourage utilizing their free consultation service. The office has parking available, is open on weekends (closed every Wednesday), and offers free consultations regarding sales and purchases.
The property is positioned as an investment with a stated yield of 5% and can also be used for personal occupancy after the current tenant vacates. There is no dedicated parking space for this unit, and the handover date is negotiable. The monthly management fee is 10,700 yen, and there is no repair reserve fund listed. The total number of units in the building is 27, and the management is handled autonomously by the owners' association.
The location in Ginowan City's Isa 3-chome offers convenient local access. The nearest bus stop, City-operated Isa Jutaku-mae, is approximately a 4-minute walk away. For broader exploration, the area is a gateway to Okinawa's renowned coastal scenery. A notable nearby landmark is the Okinawa Convention Center, a major venue for exhibitions and events, located just a short drive away along the scenic coastline.
