Hotel Condo VIVO VIVA Ishigaki Island B Building: A Resort Lifestyle with Private Pool

This property is a hotel condominium unit within the VIVO VIVA Ishigaki Island complex, offering a unique resort investment and lifestyle opportunity. The specific unit for sale is a 1-bedroom apartment located on the first floor of the three-story B Building, featuring a private pool. The unit has a private floor area of 56.56 square meters (approximately 17.10 tsubo) and includes a spacious terrace of 33.00 square meters (approximately 9.98 tsubo). The building was constructed in January 2024 with a reinforced concrete structure and a concrete tile roof.

As per the agent's notes, the property comes with hotel-specified furniture already installed. Ownership requires entering into a "Cond Hotel Lease Agreement" and an "Asset Management Business Entrustment Contract." These contracts cannot be terminated as hotel operation is a prerequisite for the property. It is important to note that rental income generated under the hotel lease agreement is variable and not guaranteed after purchase. A usage fee is charged to the owner during personal stays.

The property benefits from comprehensive shared facilities within the resort complex, including a restaurant, water garden, gym room, spa room, shop, and a poolside bar. The unit itself boasts an ocean view overlooking the sea of Ishigaki and the island of Taketomi. The private pool includes both an adult section (1.2m depth) and a children's section (0.5m depth). Monthly running costs total 50,320 JPY, covering management fees for the complex and building, repair reserve funds, hotel operation management fees, and asset management service fees. Utilities are billed separately.