Coral Bay Ishigaki Island Building 6: A Newly Built Ocean View Condominium
This property is a newly built condominium unit in the Coral Bay Ishigaki Island complex, scheduled for completion in late October 2024. The 3LDK layout offers a bright and open living space with a wide 7.3-meter span, characteristic of a corner unit. Residents can enjoy a stunning ocean view from the equivalent height of the 4th floor (approximately 11 meters), with vistas extending to the nearby islands of Taketomi and Iriomote.
According to the agent's notes, the property's equipment includes electricity service from Okinawa Electric Power Company. Special remarks detail an alcove area of 0.98 m² (0.29 tsubo). The complex provides a bicycle parking area for 16 bicycles at a monthly cost of 200 yen. A key financial note is the one-time repair reserve fund payment of 425,000 yen (non-taxable).
The building is a 6-story reinforced concrete structure, with this unit located on the 4th floor. It features a private area of 73.25 m² (22.15 tsubo) and a generous balcony of 31.96 m² (9.66 tsubo). Monthly running costs include a management fee of 14,900 yen and a repair reserve fee of 5,700 yen, totaling 20,600 yen per month, with utilities separate. The complex offers 31 car parking spaces (including one for visitors) at monthly rates ranging from 3,000 to 7,000 yen.
The property is located in the Shinagawa-Makira area of Ishigaki City, Okinawa Prefecture. Ishigaki Island is the transportation and commercial hub of the Yaeyama Islands, known for its spectacular coral reefs, white-sand beaches like Fusaki Beach, and as a gateway for diving and island-hopping to jewels like Kabira Bay, a famous scenic spot with its unique emerald-green waters and black pearl cultivation.