Investment-Grade Condominium in Okinawa's Ginowan Village
This recently built condominium in the Sokei area of Ginowan Village presents a compelling investment opportunity with a projected surface yield of 5.4%, based on an estimated annual rental income of 1.92 million yen. The property is strategically located within walking distance of both elementary and junior high schools and is conveniently close to the Ginowan Interchange, ensuring excellent accessibility.
The property itself is a 3-story reinforced concrete (RC) building, constructed in March 2024, making it essentially a new build. The unit for sale is on the third floor of this 3-story structure. It features a spacious 2LDK layout, with the combined living, dining, and kitchen area measuring approximately 30 square meters. The unit is equipped with air conditioning and is a corner unit, offering more light and privacy. The building is secured with an auto-lock system and is family-friendly. According to the agent's notes, the equipment includes security cameras and a parcel delivery box. Special remarks confirm the presence of these security cameras and delivery box.
Critical monthly fees are detailed in the remarks: a management fee of 16,800 yen, a repair reserve fund of 4,700 yen, and a parking fee of 3,000 yen for two tandem parking spaces. The property is also pet-friendly, allowing up to two dogs or cats with a body length of roughly 90cm.
The area of Ginowan is known for its blend of residential comfort and natural beauty. An interesting fact is that Ginowan is home to the Ginowan Marine Park, a popular spot for viewing tropical fish and coral reefs. The closest major tourist attraction is the iconic Okinawa Churaumi Aquarium, one of the largest and most famous aquariums in the world, located a short drive away in Motobu.