Investment Opportunity in Nago: A Two-Unit Property with Solar Income
This property presents a compelling investment opportunity in the Toyohara district of Nago City, Okinawa. It is a two-household longhouse (nagaya) style building, currently available for purchase at 70 million yen. The structure, built in October 2016, is a single-story concrete block building with a total floor area of 182m² on a spacious 707.72m² plot of land. The layout is a functional 3LDK, featuring separate bath and toilet facilities, air conditioning, and a corner unit position.
Critical agent notes provide essential financial details. The property is currently being recruited for tenants at 230,000 yen for two rooms and has passed military inspection. A significant feature is the installed solar power system, which generated an income of approximately 960,000 yen in Reiwa 6 (2024). Including this solar income, the projected yield for the property is an attractive 7.3%. The agent, Mr. Ashimine (090-2508-6985), is available for inquiries even on weekends and holidays, welcoming potential buyers to contact him for further discussion. The price is noted as negotiable.
The location offers practical convenience, with Kushibe Elementary School approximately a 10-minute walk away, making the property suitable for residential use as well. The area is vibrant, hosting the annual Toyohara District Hari (dragon boat race) event every June. A major nearby attraction is the beautiful Seagrass Beach, just a short 4-minute drive away, offering residents and visitors easy access to Okinawa's famous coastline.
