Laforesta II: A Unique Investment Opportunity with Ocean Views in Yomitan Village
This distinctive property in Yomitan Village's Nagahama district offers a rare combination of a spacious primary residence and a significant income-generating apartment building on the same plot. The main house is a reinforced concrete (RCB construction) two-story home built in 2005, featuring a generous 3LDK layout. Its standout feature is a soaring 35.5-jo (approximately 57.5 sqm) double-height living, dining, and kitchen area that provides an incredible sense of space and light. The master bedroom includes a walk-in closet and an ensuite bathroom with a jet bath. The property is equipped with a system kitchen, counter kitchen, dishwasher, two toilets, an independent washbasin, and an electric shutter garage for two cars.
Critical investment details from the agent notes: The sale includes a four-story reinforced concrete (RC) apartment building also located within the grounds. If all units in this apartment building are rented, the projected annual rental income is 17.34 million yen, representing a yield of 6.66%. The apartment building, built in October 2005, has a total area of 605.94 sqm (183.29 tsubo). The layout consists of a 4LDK unit on the first floor and 3LDK units on the second to fourth floors. It includes parking for eight cars. It is important to note that this building was constructed before the current zoning regulations were enacted. Today, including the surrounding neighborhood, it is an area where buildings of this apartment building's height cannot be built, adding to its unique character and non-replicable status. A rent roll (income statement) is available upon request.
The area of Nagahama in Yomitan is prized for its coastal scenery and relaxed atmosphere. An interesting local fact is that Yomitan Village is renowned for its rich pottery tradition, particularly Tsuboya-yaki and Yachimun, which have been crafted for centuries. The closest major landmark is the stunning Emerald Beach, part of the Okinawa Commemorative National Government Park, known for its brilliant turquoise waters and family-friendly facilities.
