An Entire Apartment Building in Naha City West, Okinawa: A Renovation Opportunity with Minpaku Potential
A key feature highlighted in the agent's notes is the property's potential for use as a minpaku (private lodging). With all units empty, the building is ready for renovation and conversion into a tourist accommodation business, capitalizing on Okinawa's vibrant tourism industry. The property is situated within an urbanization promotion area zoned for commercial use, with a building-to-land ratio of 80% and a floor area ratio of 400%, indicating significant redevelopment potential. The structure faces roads to the north (9m wide) and east (18m wide).
The agent's remarks specify that the interior layout includes unit types such as 2LDK and 3DK/3LDK configurations, though the total number of units or total floor area is not detailed. The price is set at 2.2 billion yen. Important notes on the price indicate that a deposit and stamp duty will be required at the time of contract, and that bank guarantee fees and handling charges vary by financial institution and property, so prospective buyers should inquire with the agent for specifics.
