Spacious 2LDK Condominium with Panoramic Ocean Views in Okinawa City
This well-presented condominium, located on the 5th floor of a 10-story building in Okinawa City's Nakasone-cho, offers a fantastic investment opportunity with a current tenant paying 185,000 yen per month, yielding a surface return of approximately 6.5%. The property has recently undergone a price adjustment, making it an even more attractive proposition. The 2LDK layout is noted for its abundant storage space, including a walk-in closet, providing practical and comfortable living.
The apartment's standout feature is its exceptional balcony view. With nothing to obstruct the panorama, residents can enjoy a private vista of the beautiful ocean and cityscape. The building itself is a sturdy SRC (steel-framed reinforced concrete) structure built in September 2012. Unit amenities include a separate bath and toilet, air conditioning, and the security of an auto-lock building entrance with an elevator. The property is also a corner unit, offering additional light and privacy. As per the agent's special notes, the monthly fees are as follows: Building Management Fee: 9,945 yen; Repair Reserve Fund: 10,933 yen; and Rice Rent Management Fee: 6,600 yen.
The location in Nakasone-cho is highly convenient for daily life, with schools, convenience stores, and the city hall within easy reach. This makes the property not only a solid rental investment but also a recommended option for owner-occupation after the current tenancy ends. The area is part of Okinawa City, a central hub on the main island. An interesting local fact is that Okinawa City was formed from the merger of several towns, including the former Koza, which was profoundly influenced by the nearby U.S. military bases, creating a unique and vibrant cultural fusion. The closest major tourist attraction is the Okinawa Zoo & Museum (Okinawa Kodomo no Kuni), a popular family destination featuring diverse animals and educational exhibits.
