Villa with Ocean View and Investment Potential in Okinawa's Northern District

This property is a detached villa located in the serene Nakijin Village of Kunigami District, Okinawa Prefecture. Built in June 2019, this relatively new construction offers a modern living space with a total floor area of approximately 59.62 square meters (about 18.03 tsubo) across two stories. The property sits on a generous land plot of 109.74 square meters (about 33.19 tsubo) and is designated as residential land. It features a wooden structure and is situated outside of an urban planning area, offering a peaceful retreat.

The villa is currently tenanted, presenting an immediate investment opportunity. According to the agent's notes, it generates a monthly rental income of 178,000 yen, resulting in an annual income of 2,136,000 yen and a surface yield of 7.49%. The property boasts an ocean view and is noted for its excellent location, being approximately an 18-minute drive from the popular tourist destination, Junglila.

Key equipment and facilities included are propane gas, air conditioning, a private toilet, a shower, a refrigerator, beds, and storage space. The property also includes parking for two vehicles. The transaction is handled under an exclusive intermediary agreement.

The area of Nakijin is rich in history, most famously home to the UNESCO World Heritage site of Nakijin Castle Ruins, a gusuku (Ryukyuan castle) offering breathtaking views and a deep connection to the Ryukyu Kingdom. The northern part of Okinawa Main Island is known for its stunning coastlines, lush forests, and a more relaxed pace of life compared to the urban south, making it ideal for a vacation home or investment property with strong rental appeal.