Investment Opportunity in Kin Town, Okinawa: A High-Yield Property with Vacation Rental Potential

This property in the Yaka area of Kin Town, Okinawa, presents a compelling investment opportunity. Currently generating a monthly rental income of 180,000 yen, it offers a high yield of approximately 7.7%. The property has a history of operation as a vacation rental (minpaku), indicating its proven potential in the lucrative tourism accommodation market.

The building is a wooden structure built in December 2018, making it a relatively new construction at 7 years old. It sits on a land area of 124.59 square meters (approximately 37.68 tsubo) with a building area of 96.88 square meters (29.3 tsubo). The property is located outside of an urban planning area and has no designated use district, offering flexibility. The transaction is handled as an agency sale. Key equipment and features include a separate bath and toilet and air conditioning.

Kin Town is located in the central part of Okinawa's main island, offering a more relaxed pace of life while remaining within reasonable driving distance of major facilities. An interesting local fact is that the area is home to the Kin Blue Cave, a popular snorkeling and diving spot known for its stunning, luminous blue waters created by sunlight filtering through an underwater cavern. The closest major tourist attraction is the famous American Village in Chatan, a bustling entertainment and shopping complex with a distinctive American-themed aesthetic, located a short drive south along the coast.