New Build Detached House in Naha's Mihara District
This newly constructed detached house, designated as Building D, is part of a four-unit development in Naha City's Mihara 2-chome, with completion scheduled for late July 2026. The property is offered for sale at an initial price of 51,900,000 yen. It is a two-story wooden structure with a total floor area of approximately 93.56 square meters (about 28.3 tsubo) on a corner lot with a land area of about 129.29 square meters (39.1 tsubo). The layout is a 4LDK, featuring a mix of Japanese and Western-style rooms.
The property is equipped with a system kitchen/counter kitchen, water purifier, propane gas, bathroom dryer, vanity with hair washing basin, heated toilet seat (in two locations), a walk-in closet, underfloor storage, a monitor intercom, and public water and sewer systems. It includes two parking spaces and a balcony of approximately 5 square meters (1.5 tsubo). The location is highly convenient, just a 2-minute walk from the Mihara bus stop and a 2-minute walk from a FamilyMart convenience store. It is within walking distance of Matsugawa Elementary School (7 minutes) and Shiwashi Junior High School (8 minutes).
Agent notes provide detailed financial simulations and cost breakdowns. A loan simulation from a regional bank is presented, assuming a 50-year loan for the full property price with a 0 yen down payment and 0 yen bonus payments. The simulation uses an initial fixed interest rate of 0.65% for the first 5 years, changing to 1.375% from the 6th year onward, resulting in estimated monthly payments starting from 101,339 yen. The agent cautions that actual terms depend on the applicant's age, annual income, and individual financial institution criteria. An estimated breakdown of additional costs includes: property tax prorated for one year (under 100,000 yen), building title registration (under 100,000 yen), rights registration (around 400,000 yen), 5-year fire insurance (around 250,000 yen), bank fees (under 2.42% of the loan amount), agency commission (under 3% of the sale price + 60,000 yen), optional work (furniture/appliances, etc.), and consolidation of existing loans (possible up to 5,000,000 yen). The agent emphasizes they have no designated bank and can propose banks and loan plans tailored to the client's situation and wishes, offering to answer various questions about monthly payment targets, purchasing with no down payment, mortgage insurance, bank selection, and online banks.
