Hotel Sunset Hill: A Studio with Panoramic Ocean Views in Okinawa
This property is a studio unit within the Hotel Sunset Hill condominium hotel, located on the 9th floor of a 10-story building in Onna Village, Okinawa. The unit offers a private, furnished space with a dedicated balcony providing expansive, panoramic views of the West Coast and the East China Sea, famous for its stunning golden sunsets. The property is sold fully furnished with hotel-designated furniture already installed.
According to the agent's notes, the property's equipment includes electricity provided by Okinawa Electric Power (沖縄電力). The unit has a total private floor area of 43.20 square meters (approximately 13.06 tsubo) and features a spacious balcony measuring 13.11 square meters (approx. 3.96 tsubo). The building is a steel-reinforced concrete structure built in November 1990. Building facilities include a restaurant, front desk, coin laundry, and a wood deck terrace. Parking is available with 24 spaces in an external lot, plus an additional 45 free parking spaces.
A critical feature of this hotel condominium is its operational model. Ownership requires entering into a "Hotel Lease Agreement" and a "Hotel Asset Management Business Entrustment Contract." This means the unit is primarily managed as part of the hotel, generating rental income when not occupied by the owner, which helps offset running costs. Owners can use the unit themselves, but a usage fee applies during those periods. It is not possible to cancel these hotel management contracts. Potential buyers should note that rental income is variable and not guaranteed after purchase.
The monthly running costs total 26,400 Yen, comprising a management fee (17,500 Yen), repair reserve fund (3,500 Yen), condominium management fee (4,300 Yen), and asset management business fee (1,100 Yen). Utilities are separate. The total purchase price is 35,800,000 Yen (including tax). Additional one-time costs include a contract stamp duty of 10,000 Yen and an agency commission of 1,247,400 Yen.
