Hotel Condo VIVO VIVA Ishigaki Island B Building: A Resort Investment with Ocean Views
This property is a studio unit on the 3rd floor of the B building within the Hotel Condo VIVO VIVA complex on Ishigaki Island, Okinawa. The key feature is its stunning southwest-facing ocean view, offering vistas that stretch towards Taketomi Island. The unit boasts a generous 16.80 m² balcony that seamlessly connects to the living space, effectively serving as an outdoor living area to fully enjoy the subtropical climate.
The studio layout encompasses a total private floor area of 56.40 m². The interior is designed as an open-plan living, dining, and kitchen space. The unit comes fully furnished with hotel-specified furniture. Building amenities are resort-focused, including a restaurant, a "Water Garden" pool area with a poolside bar, a gym room, a spa room, and a shop. The property is part of a hotel condominium operation, meaning owners enter into a "Condo Hotel Lease Agreement" and an "Asset Management Business Entrustment Contract." The hotel operation is a prerequisite, and these contracts cannot be terminated. Rental income generated under the hotel lease agreement is variable and not guaranteed after purchase. A usage fee is charged to the owner during their personal stays.
Equipment/Facilities Translation: The property is connected to Okinawa Electric Power Company for electricity. Other utilities include LP gas via a centralized system, public water supply, gas water heaters, and a centralized septic tank for drainage. The complex offers parking for 59 vehicles.
The area of Ishigaki Island is renowned for its pristine beaches, vibrant coral reefs, and rich Yaeyama culture. An interesting fact is that Ishigaki is home to Japan's southernmost whisky distillery, which uses the island's unique climate in its aging process. The closest major tourist attraction is the iconic Kabira Bay, celebrated for its crystal-clear emerald-green waters and star-shaped sand, located approximately a 30-minute drive from the property.