Fully Occupied Investment Condominium in Yomitan Village with Ocean Views
This is a prime investment opportunity: a fully occupied, income-generating condominium building located in the Sobu district of Yomitan Village, Okinawa. The property is currently in full operation, delivering a robust and stable rental income stream. The asking price is 248 million yen.
Detailed translation of the agent's special notes is critical: The property offers an estimated annual yield of approximately 3.91%. The projected annual rental income is 9.72 million yen. Key features include two parking spaces per unit, an auto-lock security system, and an elevator. The 4th and 5th floors boast ocean views. Each unit is equipped with two balconies and two toilets, both featuring washlet bidet functions. The current monthly revenue is approximately 810,000 yen, translating to an annual income of about 9.72 million yen. The income breakdown is detailed as monthly rents ranging from 195,000 to 205,000 yen across four separate units. The property is also noted as being suitable for minpaku (private lodging) operations.
The building itself is a reinforced concrete (RC) structure built in May 2013, making it approximately 12 years old. It sits on a 213 square meter plot of land with a total building area of 427.94 square meters. The layout is configured as a 3LDK across the units. Additional property conditions highlight its corner location and elevator access.
The area of Yomitan Village is rich in history and natural beauty, known for its stunning coastline and cultural sites like the Zakimi Castle ruins, a UNESCO World Heritage site. The property's location offers convenient access while being situated in a sought-after part of Okinawa. A major nearby landmark is the beautiful Emerald Beach, part of the Ocean Expo Park, which is a popular tourist destination for its aquarium and tropical gardens.