Compact and Convenient Investment Apartment in Kyoto's Saiin District

This 1K apartment, located on the 6th floor of a 6-storey reinforced concrete building, offers a compact yet functional living space with a total floor area of 20.23 square meters (approximately 6.11 tsubo). The unit includes a 7-tatami mat Western-style room and a 4-tatami mat kitchen area, complemented by a 3.61 square meter balcony. The building is equipped with essential amenities for modern convenience and security, including an auto-lock entry system, elevator, and a Japanese-standard heated toilet seat (温水洗浄便座).

Key equipment and features translated from the agent notes include: IH cooking heater, air conditioning, washing machine space (both a designated placement area and an indoor space), flooring in all rooms, lighting fixtures, refrigerator, auto-lock, city gas, hot water supply, and elevator. Special remarks indicate this is an owner-change situation, the property is currently tenanted, it offers a surface yield of 9.25%, and boasts good views from the top floor.

The apartment is situated in Kyoto's Ukyo Ward, within a 10-minute walk from Saiin Station on the Hankyu Kyoto Line, providing excellent access to central Kyoto and Osaka. The Saiin area is a lively residential and commercial hub known for its local shopping streets and dining options. A notable landmark nearby is the iconic Kinkaku-ji Temple (The Golden Pavilion), a UNESCO World Heritage site and one of Japan's most famous temples, easily accessible from the area.

With a construction date of January 1989, the building comprises 58 units and is managed by a homeowners' association with a contracted,巡回 (patrolling) management company. The monthly fees are 8,500 yen for management and 7,500 yen for repair reserve fund. This property presents a turnkey investment opportunity with an existing tenant in place.