Investment Opportunity: Apartment Building in Urasoe City, Okinawa
This listing presents a concrete apartment building for sale in the sought-after Urasoe City area of Okinawa. The property, built in May 1974, sits on a generous land plot of 231.22 square meters (approximately 69.94 tsubo) with a total building floor area of 145.8 square meters (44.1 tsubo). It is situated in a commercial zone within an urbanization promotion area, offering flexibility for use. The structure is a reinforced concrete block (RCB) construction with a high floor area ratio of 400% and a building coverage ratio of 80%.
According to the agent's special notes, this is an owner-change property. Critically, it generates a significant monthly revenue of ¥413,200, presenting a compelling investment opportunity with immediate income potential. The property is located in the Shiroma district, with convenient access to the Shiroma 3-chome bus stop just a 3-minute walk away. The transaction method is exclusive agency, and the property is ready for immediate handover.
The surrounding area of Urasoe City offers a vibrant mix of residential and commercial life, with easy access to the amenities of neighboring Naha. An interesting fact about Urasoe is that it is home to the Urasoe Yodore, the royal mausoleum of the Ryukyu Kingdom, a significant historical site. The closest major tourist attraction is the iconic Shuri Castle, a UNESCO World Heritage site located a short drive away in Naha, offering a deep dive into Okinawa's unique Ryukyuan history and culture.
