Renovated Ryukyu Old Folk House with Well and Sauna in Nago
This unique property is a fully renovated Ryukyu old folk house located in Nago City, Okinawa. The house sits on a generous 526.21 m² plot of land and features a building area of 70.24 m². It is currently leased as a minpaku (private lodging) for a monthly rent of 250,000 yen, offering an attractive yield of approximately 7.5%. This makes it an ideal investment for those considering rental operations or investment using a traditional folk house.
Key equipment and features of the property include a separate bath and toilet, air conditioning, and the fact it has been renovated. A notable highlight is the inclusion of a private well and a sauna. The property is a single-story wooden structure with a 3LDK layout (currently being confirmed). It is situated in a non-line designated urban planning area with a building-to-land ratio of 60% and a floor area ratio of 200%. The land rights are ownership, and there is no private road burden. Access is from the north (3.3m road), east (2.7m road), and west (3.3m road).
