Foreign Investor Opportunity in Okinawa City's Popular Minamomomohara Area
This property presents a compelling investment opportunity in the sought-after Minamomomohara district of Okinawa City. The listing is for a foreigner-oriented income-generating property, currently leased with a stable tenant. According to the agent's special notes, this is a popular area in Okinawa City's Minamomomohara, and a rice lease (a long-term, stable agricultural lease) has been secured. After the tenant vacates, the property can also be utilized as a residential dwelling. The annual lease income is 6.84 million yen, yielding a solid return rate of 5.56%.
The property consists of two separate reinforced concrete (RC) buildings with a combined total floor area of 307.63 square meters (approximately 93.05 tsubo), situated on a generous land plot of 549.81 square meters (approximately 166.31 tsubo). Built in March 2006, the 4LDK layout is family-friendly and pet-allowed. The two buildings are being sold as a complete set. The location offers convenient access, with the "Chatan Elementary School Entrance" bus stop approximately a 5-minute walk away.
