Beachside Investment Apartment in Yomitan with Full Occupancy and Ocean Views
This investment property in Yomitan Village, Okinawa, presents a compelling opportunity for investors seeking a stable, income-generating asset. The apartment building is currently fully occupied, ensuring immediate rental income. The property is strategically located in the Nagahama area, offering all units stunning ocean views due to its prime beachside position.
Critical agent notes provide essential financial details: The current status is fully tenanted. The monthly rent is 756,700 yen (including parking and storage fees), resulting in an annual income of 9,080,400 yen. The current yield is 5.03%. This is a fund-related transaction, requiring a 'san-i' (three-party) sale and purchase agreement. Importantly, ownership will be transferred directly from the current owner to the buyer.
The property itself is a two-story reinforced concrete (RC) apartment building constructed in August 1987. It sits on a generous 372.4 square meter plot of land with a total building floor area of 351.11 square meters. The location offers excellent convenience, with the Okinawa Bus Nagahama bus stop approximately a one-minute walk away.
The surrounding Yomitan area is rich in culture and natural beauty. An interesting historical fact is that Yomitan is known for its traditional pottery, called Yachimun, a craft with a centuries-old history influenced by trade with Korea and Southeast Asia. The closest major tourist attraction is the iconic Cape Zanpa and its picturesque lighthouse, a popular spot for breathtaking coastal views and sunset watching.
