Foreigner-Oriented Rental Investment Property in Okinawa City
This property presents a high-yield investment opportunity as a rental residence specifically designed for foreign tenants. The annual rental income is 6.84 million yen, offering a calculated yield of 5.56%. The property consists of two separate buildings sold as a single lot, with a combined total floor area of 307.63 square meters (approximately 93.05 tsubo) on a generous land plot of 549.81 square meters (approximately 166.31 tsubo).
According to the agent's equipment and special notes, both buildings are well-equipped, each containing three toilets and two bathrooms. This configuration enhances the property's appeal and functionality for tenants. The buildings are constructed with reinforced concrete (RC) and were built in March 2006, making them approximately 20 years old. The layout for the combined structures is designated as 4LDK.
Situated in the Minamomoharu 4-chome area of Okinawa City, the property is in a designated urbanization area with a Category I Mid-to-High-Rise Residential District zoning. It is conveniently located, with the Chatan Elementary School Entrance bus stop approximately a 5-minute walk away. The property is ready for immediate transfer upon completion of the standard procedures.
The surrounding Okinawa City area offers a blend of suburban living with access to urban amenities. An interesting local fact is that Okinawa City, formerly known as Koza, has a rich cultural history deeply influenced by the presence of U.S. military bases, resulting in a unique fusion of American and Okinawan cultures. The closest major tourist attraction is the Okinawa Zoo & Museum (Okinawa Kodomo no Kuni), a family-friendly destination featuring animal exhibits, a museum, and expansive park grounds, located just a short drive away.
