Investment Opportunity: Owner-Change Property in Uruma City, Okinawa
This property presents a compelling investment opportunity in Uruma City, Okinawa. Currently under a fixed-term lease agreement (from August 1, 2025, to July 31, 2028), this detached house offers immediate rental income. The tenant pays a monthly rent of ¥104,000, generating an annual income of ¥1,248,000 and yielding a calculated return of 3.9%. The property is strategically located along Prefectural Road 85, providing excellent accessibility. The area is convenient for daily living, with a nearby convenience store and elementary school contributing to a comfortable residential environment.
The property features a 4LDK layout with a mix of Western-style rooms (sizes approximately 8, 7, 5, and 4.5 tatami mats). The total floor area is 112.05 m² (33.89 tsubo) on a land plot of 146.62 m² (44.35 tsubo). The structure is Reinforced Concrete Block (RCB) construction, built in November 1982. The land is designated for residential use within a Quasi-Residential zone, with a building-to-land ratio of 60% and a floor area ratio of 200%. Please note that pets are not permitted in this property.
The surrounding Uruma City area is rich in history and natural beauty, formed from the merger of several towns. An interesting local fact is that the city's name, "Uruma," is derived from an ancient poetic name for Okinawa itself, meaning "coral island." The property is conveniently situated for exploring Okinawa's attractions, with the iconic Katsuren Castle, a UNESCO World Heritage site, located just a short drive away, offering panoramic views and a deep dive into Ryukyuan history.
