Hotel Condo VIVO VIVA Ishigaki Island B Building: A Private Pool Retreat with Ocean Views
This property is a luxurious 1-bedroom hotel condominium unit within the VIVO VIVA Ishigaki Island B Building, offering a unique resort lifestyle with stunning views of the ocean and Taketomi Island. The unit features a private pool on its terrace, designed with both a children's pool (0.5m depth) and an adult pool (1.2m depth), perfect for relaxation and entertainment. The spacious 56.56 sqm interior includes a living-dining-kitchen area (approximately 16.6 tatami mats), a master bedroom (approximately 7.3 tatami mats), a desk space, and a view bath where you can enjoy the scenery while bathing.
According to the agent's notes, the property is equipped with electricity provided by Okinawa Electric Power Company. The building itself is a 3-story reinforced concrete structure completed in January 2024. As part of the hotel condominium complex, owners have access to extensive shared facilities including a restaurant, water garden, gym room, spa room, shop, and poolside bar. The property comes fully furnished with hotel-specified furniture. Ownership requires entering into a "Cond Hotel Lease Agreement" and an "Asset Management Business Entrustment Contract," and the unit must remain part of the hotel's operational pool; these contracts cannot be terminated. Please note that rental income generated from the hotel lease agreement is variable and not guaranteed after purchase. A usage fee applies when the owner personally stays in the unit.
The monthly running costs are detailed and total 50,320 JPY, covering management fees for the complex and building, repair reserves, hotel operation management fees, and asset management service fees. Additional one-time costs include a contract stamp duty and an agency commission. The property is located in Ishigaki City, Okinawa Prefecture, approximately a 27-minute drive from New Ishigaki Airport.
The area surrounding Ishigaki Island is renowned for its pristine natural beauty, crystal-clear waters, and vibrant coral reefs, making it a premier destination for diving and snorkeling in Japan. An interesting fact is that the island is part of the Yaeyama Islands, which are geographically closer to Taiwan than to mainland Okinawa. The closest major tourist attraction is the iconic Kabira Bay, famous for its emerald green waters, black pearl cultivation, and glass-bottom boat tours.