Investment-Grade Apartment Building in Urasoe, Okinawa

This property presents a compelling investment opportunity: a relatively new, reinforced concrete apartment building located in the convenient Makiminato area of Urasoe City, Okinawa. The building was constructed in March 2017, making it just 9 years old, and features a substantial total floor area of 498.68 square meters. It sits on a land plot of 356.25 square meters within a designated urbanization area, zoned for mid-to-high-rise residential use.

As detailed in the agent's notes, this is a parking-included, relatively new apartment building. It is situated near Route 58, making it a convenient residential option. The property is listed with a price of 290 million yen, and price negotiations are possible. The agent highlights the potential for a high yield return. Furthermore, the building is approved for use as a ryokan (inn), opening possibilities for tourism-related business ventures. The agent encourages inquiries for any unclear points.

The building is equipped with modern amenities including an auto-lock security system and an elevator. Please note that pets are not permitted. The property is offered for sale under a general brokerage agreement.

The Makiminato district in Urasoe offers excellent accessibility, being just a one-minute walk from the Makiminato Post Office Entrance bus stop. The area is a vibrant mix of residential and commercial zones. An interesting local fact is that Urasoe City was once the seat of the Ryukyu Kingdom before the capital moved to Shuri. The property is also conveniently located not far from the popular American Village in Chatan, a major tourist attraction known for its shopping, dining, and entertainment with a distinctive American West Coast atmosphere.