Investment Opportunity in a Resort-Style Okinawan Condominium

This property presents a compelling investment opportunity in the sought-after Okinawa condominium, The Rycom Hills Residence Okinawa 2--. Currently tenanted with a monthly rent of 250,000 JPY, the unit offers an estimated yield of approximately 4.5%. The spacious 2LDK layout features a living-dining-kitchen area exceeding 30 tatami mats (over 30 sqm), providing a sense of grandeur. The exclusive area is over 100 sqm, offering a comfortable and roomy floor plan.

Key property features include a hotel-like lounge on the first floor, interior corridors, and an outdoor pool, contributing to a distinct resort-like atmosphere. The unit is equipped with an indoor washing machine space and consists entirely of Western-style rooms. Building amenities include an elevator, parcel delivery box, and an auto-lock security system. The kitchen is a counter-style system kitchen with a gas cooktop (3 or more burners) and a dishwasher. The bathroom and toilet are separate, featuring a unit bath with a shampoo dresser, an independent washroom, and a bath with a window. The property also includes a walk-in closet and storage in all rooms.

Critical agent notes provide essential financial details: The property is currently tenanted (250,000 JPY/month). The monthly land lease fee is 6,617 JPY, and there is a monthly internet usage fee of 754 JPY. Parking costs 5,000 JPY per vehicle per month for two parallel spaces, and there is a motorcycle parking space available for 1,000 JPY per month. The agent, House Do Chatan, actively implements COVID-19 prevention measures including ventilation, mask-wearing, alcohol disinfection, and acrylic partitions. Their office features parking, a kids' play space with drinks and toys, and friendly staff ready to assist. They are also actively seeking properties for sale and offer free appraisals for land, buildings, commercial properties, and others.