Modern Investment Property with Ocean Views in Uruma, Okinawa
This property is a recently built, semi-detached foreigner-friendly house located in the desirable Ishikawa Higashionna area of Uruma City, Okinawa. Currently tenanted, it presents an excellent investment opportunity with a strong annual yield of 6.7%, generating an annual rental income of 5,748,000 yen. The property features a spacious 3LDK layout, with both main bedrooms offering stunning ocean views. The building area is 290.49m² (87.87 tsubo) on a land plot of 208.66m² (63.11 tsubo). Constructed in October 2019 (approximately 6 years old), it is a robust RC (reinforced concrete) structure.
Key features include parking for up to three vehicles (subject to vehicle type), and its prime location directly in front of a Lawson convenience store. The property is just a 2-minute walk from Higashionna Beach, offering immediate access to the coastline. The agent's special notes provide critical information: the property cannot be viewed internally as it is currently under lease. It is also subject to the Uruma City Landscape Plan and Landscape Ordinance, as well as specific use district restrictions (Settlement Environment Zone). After the current tenant vacates, the property can also be utilized as a private residence.
The surrounding Uruma City area is rich in natural beauty and history, formed from the merger of several towns. An interesting local fact is that the city's name, "Uruma," is derived from an ancient name for Okinawa itself, connecting the area to the Ryukyu Kingdom's legacy. The closest major tourist attraction is the iconic Katsuren Castle, a UNESCO World Heritage site with breathtaking views of the East China Sea, located just a short drive away.
