Wise Inn Naha Oroku Station Front: A Prime Hotel Condominium Investment in Okinawa
This property presents a unique hotel condominium investment opportunity within the 10-story Wise Inn Naha Oroku Station Front building. The unit for sale is a spacious Studio layout on the top floor, offering a generous 39.00 m² of private area. The interior is designed for both comfort and functionality, featuring a twin-bedded sleeping area, a living-dining space, and a distinctive tatami mat corner, providing a versatile space for relaxation or traditional Japanese-style seating.
Critical property details from the agent notes include the following facilities and equipment: The electricity provider is Okinawa Electric Power Company. A key building feature is the presence of two elevators, one with a 9-person capacity and another with an 11-person capacity.
The property operates under a hotel management system, which is a mandatory condition of ownership. The unit comes pre-furnished with hotel-specified furniture. Owners must enter into a "Hotel Lease Agreement" and a "Hotel Asset Management Business Entrustment Contract." This structure provides owners with potential rental income, though it is variable and not guaranteed. As an owner benefit, you receive 12 days of free accommodation per year, with the option to book additional days at a 20% discounted rate.
The building itself is a modern reinforced concrete structure completed in May 2020. Resident amenities include a restaurant on the first floor and a coin-operated laundry. Parking is available with 14 spaces (one surface, 13 mechanical). The monthly running costs are detailed as a management fee of 20,200 JPY, a condominium management fee of 3,280 JPY, and a repair reserve fund of 7,020 JPY, totaling 30,500 JPY per month.
