Back to results Investment Apartment Complex in Miyakojima - 5.73% Yield
Marked sold 106 days ago

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¥160,000,000

Hirara Nikawadori, Miyakojima City

宮古島市平良字荷川取

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A remarkable investment opportunity awaits in Miyakojima's sought-after Hirara district. This well-maintained apartment complex, constructed in 2003, offers a total building area of 622.08 square meters spread across multiple units. The property sits on a generous 789.14 square meter plot in a prime location.

The complex features a mix of 2DK and 1K units, specifically eight of each type, making it ideal for both long-term residents and vacation rentals. Currently enjoying full occupancy, the property boasts an attractive 5.73% yield rate, enhanced by additional income from solar power generation.

Built with durability in mind, the structure is reinforced concrete, ensuring long-term stability and minimal maintenance. The property's location in Miyakojima, famous for its pristine beaches and resort atmosphere, adds significant value to this investment opportunity. With the current market conditions and the property's established track record, there is room for price negotiation, making this an even more attractive proposition for savvy investors.

This description was AI-generated from the original Japanese listing and may contain inaccuracies. Please verify details with the source listing.

Summary

Year built: 2003
Land size: 789 / 8,494sqft
House size: 622 / 6,696sqft

Short-Term Rental (Minpaku)

Transport

OKA

Naha Airport — 282 km away

Nearby Konbini

Family Mart Family Mart — 31 min walk

Internet Connectivity

Natural Hazard Assessment

Flood Risk Low Risk
Landslide Risk Moderate
Tsunami Risk Low Risk
Earthquake Hazard Moderate

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* Sold properties shown for price comparison only. Prices reflect historical sale data.

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* Rental prices shown are monthly rates. Contact property owner for current availability.