STORYLINE Senagajima: A Hotel Condominium with Panoramic Ocean Views
This property is a hotel condominium unit within the STORYLINE Senagajima development, offering a unique investment and lifestyle opportunity in Okinawa. The unit is a Studio layout with a private area of 55.24 square meters, located on the 2nd floor of an 8-story building. The price is 64,800,000 yen (including tax), with a monthly management fee of 48,100 yen. The agent highlights that access from Naha Airport is excellent (approximately 4.9 km), and the property's appeal lies in its relaxing outdoor spa.
According to the detailed property notes, the building features a range of facilities including a restaurant, outdoor spa, outdoor pool, fitness center, sky lounge, open cafe, sunset terrace, jacuzzi room, water living area, and observation terrace. The unit itself comes with hotel-designated furniture already installed. Critical to the purchase is the understanding that owners must enter into a "Hotel Lease Agreement" and an "Asset Management Business Entrustment Contract" for their room. As hotel operation is a prerequisite, these contracts cannot be terminated. Rental income generated under the hotel lease agreement is variable and not guaranteed after purchase. A usage fee is charged to the owner when they personally use the unit.
The property's equipment includes electricity from Okinawa Electric Power, LP gas via a centralized system, public water supply, gas water heater, and a centralized purification tank for drainage/sewage. The building has 29 free parking spaces. The structure is an 8-story reinforced concrete building with a flat roof, completed in January 2024. The total site area is 3,793.76 square meters.
The area of Tomigusuku City in southern Okinawa is known for its stunning coastal scenery and proximity to Naha. An interesting local fact is that the nearby Senagajima Island is connected to the main island by a causeway and is famous for its "umibudo" (sea grapes), a local seaweed delicacy. The closest major tourist attraction is the iconic Shuri Castle, a UNESCO World Heritage site and former palace of the Ryukyu Kingdom, located approximately 8 kilometers from the property.
