A Luxurious Condominium Hotel with Stunning Ocean Views in Okinawa
This property is the "Aramaina Condo Hotel," a hotel condominium located in the northern part of Okinawa. The unit is a 1-bedroom layout with a private area of 63.88 square meters, situated on the 10th floor of an 11-story building. The key selling point is its breathtaking view of the blue Okinawan sea and the island of Sesoko from the living room and balcony, offering a perfect resort lifestyle.
According to the agent's notes, the property is equipped with electricity provided by Okinawa Electric Power Company. The building itself is a robust reinforced concrete structure built in February 2019. It features extensive shared facilities including a restaurant, an observation hot spring bath (onsen) on the top floor, an infinity pool, a fitness gym, a sky terrace, and the "Okinawa Hanasaki Marche" which houses dining establishments and a convenience store. Parking is available with 13 spaces on-site and 376 off-site.
Critical notes for potential buyers include that the room comes with hotel-designated furniture already installed. Ownership requires entering into a "Hotel Lease Agreement" and a "Hotel Asset Management Business Entrustment Contract." As the premise is hotel operation, these contracts cannot be terminated. The rental income generated from the hotel lease agreement is variable and not guaranteed after purchase. Furthermore, usage fees apply when the owner stays in the unit. The monthly running costs include a management fee of 17,700 JPY, a repair reserve fund of 8,000 JPY, and a condominium management fee of 11,511 JPY, totaling 37,211 JPY per month, with utilities billed separately.