Investment Opportunity: Mixed-Use Residential Property in Yomitan Village, Okinawa
Critical agent notes provide essential details on the property's status and income potential. The current situation is as follows: the first floor is occupied (with planned vacancy), and the second and third floors are currently tenanted (4 out of 6 units). The projected annual rental income from the second and third floors, assuming full occupancy, is 3,492,000 yen. The agent also notes that utilizing a housing loan for this purchase is possible, and they encourage consultation regarding purchase and financing plans.
The property itself is sizable, with a total building area of approximately 390.04 square meters (about 118 tsubo) spread over four stories. The land area is approximately 424.72 square meters (about 128.5 tsubo), providing ample space and parking for 14 vehicles. Built in 1997, the home comes equipped with a system kitchen and an independent washbasin. Its location is highly convenient, just a 2-minute walk from the Tokeshi Elementary School bus stop.
The surrounding area of Yomitan is renowned for its beautiful coastline and rich cultural history. An interesting local fact is that Yomitan is home to the Zakimi Castle ruins, a UNESCO World Heritage site that offers panoramic views and a glimpse into the Ryukyu Kingdom's past. For residents and future tenants, the property is also within proximity to popular tourist beaches like Senaha Beach and Nirai Beach, perfect for swimming and sunset views.