Iback Okinawa Kokusai-dai Mae Daiichi Mansion: A Compact Investment Opportunity in Ginowan
This property is a studio apartment (1R layout) located on the 4th floor of a 5-story reinforced concrete (RC) building constructed in 1990. With a private floor area of approximately 17.4 square meters (about 5.3 tsubo), it offers a functional living space. The unit is equipped with an air conditioner, storage space, and free internet access. The building itself sits on a land area of approximately 328 square meters and features a management association that operates autonomously, with Okinawa Sogo Management Office serving as the management company.
A key feature of this apartment is its excellent location. It is situated directly across from a Lawson convenience store and is just a one-minute walk from Town Plaza Kanehide, a major shopping facility. Most notably, it is only a one-minute walk from Okinawa International University, positioning it perfectly to attract a stable tenant base of students. The property is also conveniently located just one minute from the Daiichi Sashimaka bus stop. The listing notes that the current condition includes belongings, which have been digitally removed in the provided images.
The property is listed for sale at 6,000,000 JPY. Monthly fees include a 7,000 JPY management fee and a 2,000 JPY repair reserve fund, which is scheduled to increase to 4,000 JPY from June 2026. There are three parking spaces available for rent at 4,000 JPY per month, though availability is subject to a lottery system when a space becomes vacant. The final sale price and handover date are negotiable.
The Ginowan area is a dynamic part of central Okinawa, known for its mix of residential, commercial, and educational facilities. An interesting local fact is that Ginowan is home to the Okinawa Convention Center, a major venue for international events and exhibitions, highlighting the city's modern and cosmopolitan side. For visitors and residents alike, a major nearby landmark is the scenic Okinawa Convention Center, which is surrounded by parks and offers views of the ocean.