Investment Opportunity in Okinawa's Popular Seaside Area

This property presents a compelling investment opportunity in the highly sought-after Awase Seaside area of Okinawa City. The building is a four-story, reinforced concrete (RC) structure built in March 2020, featuring a unique piloti design with three separate units. Each unit is a spacious approximately 26-tsubo (roughly 94.5 sqm) type, configured as a 3LDK layout. The living room is notably expansive at 18.5 jo (approx. 30 sqm), and all rooms are equipped with closets. The property is pet-friendly and includes separate bath and toilet facilities, with air conditioning installed.

Critical agent notes provide essential details. The equipment includes a Lequios internet installation. Special remarks confirm the Lequios internet setup. Further notes specify the four-story piloti structure with three total units of the approximately 26-tsubo type. Parking is arranged in a tandem (in-line) configuration, with two spaces allocated per unit.

Currently operating as a fully occupied foreigner-friendly residential building, this property offers immediate rental income. The monthly rent is 538,000 yen, translating to a surface yield of 6.33%. The total building area is 327.71 sqm (99.13 tsubo) on a land plot of 171.57 sqm (51.89 tsubo). The location is exceptionally convenient, just a 2-minute walk from the Awase 2-chome bus stop and a mere 4-minute walk to the popular Okinawa Marina and Sam's By The Sea waterfront complex.

The Awase district is a vibrant coastal community known for its marina, dining, and scenic views. An interesting local fact is that the nearby Awase tidal flat is one of Okinawa Island's most important remaining mangrove ecosystems, supporting diverse wildlife. The area is also a short drive from major attractions like the Okinawa Comprehensive Athletic Park and the bustling entertainment district of Chatan, home to the famous Sunset Beach.