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¥119,800,000

1216-265 Kabira, Ishigaki City, Okinawa Prefecture

沖縄県石垣市字川平1216番地265

Buy 2LDK House Parking Tourist Hotspot Reinforced Concrete

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Spacious Property with Commercial and Residential Potential in Kabira

This substantial property is situated in the Kabira area of Ishigaki City, Okinawa Prefecture, offering a rare combination of existing structures and surplus land. The site covers a total land area of 1265 square meters, which includes a residential building, a commercial building, and additional vacant land of approximately 100 tsubo (about 330 square meters) suitable for further development such as glamping facilities or villas.

The residential building was constructed in October 2004 and offers 164.08 square meters of floor space with a 2LDK layout. The commercial building was built more recently in 2022, with a floor area of 221.58 square meters. The main structure is reinforced concrete (RC) construction. The property is accessed via public roads on the east and south sides, with a road width of 4 meters and a frontage length of 41 meters.

Utilities include water from the front road, electricity from Okinawa Electric Power Company, and propane gas. There is no municipal sewer connection, so a septic system is required. The building coverage ratio is 60 percent, and the floor area ratio is 100 percent. The land is classified as residential land with no designated zoning area, and the area falls under the Kabira Scenic Zone, which requires consideration of landscape regulations for any development.

The property is located in the Kabira district, known for its scenic environment. The price is 119,800,000 yen. This property presents an opportunity for a multi-faceted tourism or hospitality business, combining existing residential and commercial spaces with room for expansion.

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This description was AI-generated from the original Japanese listing and may contain inaccuracies. Please verify details with the source listing.

Summary

Bedrooms: 2
Year built: 2004
Land size: 1,265 / 13,616sqft
House size: 164 / 1,766sqft

Short-Term Rental (Minpaku)

Transport

OKA

Naha Airport — 400 km away

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¥119,800,000

1216-265 Kabira, Ishigaki City, Okinawa Prefecture

沖縄県石垣市字川平1216番地265

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Source: www.jjc-ishigaki.jp

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Agent fee (3% + tax)¥000,000
Acquisition tax¥000,000
Registration & stamp¥000,000
Property tax (annual)¥00,000/yr
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Nightly Rate¥00,000
Occupancy Rate00%
Est. booked nights/year000 nights
Net annual income ¥0,000,000
Monthly equivalent¥000,000
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Annual yield0.0%
Break-even00.0 years
5-year return¥0,000,000
10-year return ¥00,000,000
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All figures are illustrative estimates only and do not constitute financial, investment, or legal advice. Consult a qualified professional before making any investment decision. Terms apply.

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Location Type Beds Price Land House View

* Sold properties shown for price comparison only. Prices reflect historical sale data.

Location Type Beds Rent/Month Land House View

* Rental prices shown are monthly rates. Contact property owner for current availability.

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