Ocean View Investment Property with Rental Income in Yomitan Village
This unique property in Yomitan Village, Okinawa, presents an excellent opportunity for owner-occupiers seeking rental income or investors looking for a turnkey asset. The house, built in 1991, is a reinforced concrete (RC) structure offering durability and low maintenance. It features a spacious 4LDK layout, providing ample room for a family.
Critical agent notes have been translated: The property underwent comprehensive renovations in 2022 (Reiwa 4), including exterior wall and waterproof coating, kitchen replacement, wallpaper replacement, floor polishing, tatami mat surface replacement, washbasin replacement, and water pipe replacement. Furthermore, the first floor is currently vacant, making interior viewings possible at any time. The agent encourages interested parties to make a casual inquiry.
A standout feature is its current use as a residential apartment building. The two rooms on the second floor are currently rented out, generating a monthly income of 96,000 yen, which amounts to an annual rental revenue of 1,152,000 yen. This setup allows the owner to live on the first floor while earning a steady income from the upper level. The property boasts an ocean view and comes with four parking spaces.
The location in the Takashibo area of Yomitan Village offers a relaxed residential environment. The area is rich in cultural history and natural beauty. A major nearby landmark is the iconic Zakimi Castle, a UNESCO World Heritage site, offering panoramic views and a deep dive into Ryukyuan history. The property is conveniently located about a 7-minute walk from the Takashibo bus stop.