Modern Apartment Building Investment in Okinawa's Most Populous Village
This listing presents a modern apartment building for sale in Zakimi, Yomitan Village, Okinawa. The property, built in March 2017 (approximately 9 years old), is a reinforced concrete (RC) structure with a total floor area of 159.02 m² (48.1 tsubo) situated on a 333.81 m² (100.98 tsubo) plot of residential land. The asking price is 63,400,000 JPY.
Translated agent notes highlight key investment features. The property is currently fully occupied, generating an annual income of 3,024,000 JPY, which translates to a current yield of 4.76%. The agent notes that after tenants move out, rents are being increased, suggesting the potential for an improved yield in the future. The property is located in Yomitan Village, which is noted as Japan's most populous village and attracts many migrants from outside Okinawa, creating consistent demand for apartments. The building layout consists of 1K (Western-style 1 room with kitchen) units. Parking is available for two cars. The property is ready for immediate handover.
Yomitan Village is a vibrant area on Okinawa's main island, known for its rich history, beautiful coastline, and cultural sites. An interesting fact is that Yomitan is famous for its traditional pottery, known as Yachimun, a craft with a centuries-old history deeply rooted in Ryukyuan culture. The area offers a blend of rural charm and convenient amenities. The closest major landmark is the historic Zakimi Castle, a UNESCO World Heritage site, located approximately a 6-minute walk from the property.
