Alpha States Chatan Hills - A Spacious Corner Unit with Panoramic Hilltop Views in Okinawa

This 3LDK apartment, located on the 3rd floor of a 14-story reinforced concrete building, offers a unique living opportunity in Chatan, Nakagami District, Okinawa Prefecture. Built in October 2022, the property is in excellent condition and is currently being rented out for a monthly rent of 250,000 yen, with an expected yield of 5.4%. The unit boasts a generous 81.8 square meters of interior space and a 20.4 square meter balcony, providing ample room for comfortable living.

The property is situated on a hill at an elevation of 60 meters, offering scenic views. It is a corner unit with light exposure on three sides, allowing for abundant natural light. The property can be used as a primary residence, a second home, or an investment property. For those considering future use, it can also serve as a base for a second life or retirement. The land is under a general fixed-term superficies (surface rights) which expires on January 30, 2074. A monthly land rent of 8,600 yen is applicable. The building features an auto-lock system for security and has a total of 91 units. A day-time building manager is on site. Parking is available, and pets are negotiable. The monthly management fee is 8,700 yen, and the repair reserve fund is 5,100 yen. A monthly demolition reserve fund of 3,010 yen is also required.