Hotel Sunset Hill: A Resort Condominium Investment in Okinawa
This property is a studio unit within the Hotel Sunset Hill, a hotel condominium located in Onna Village, Okinawa. The unit offers a private floor area of 43.92 square meters and features a spacious 13.11 square meter balcony. The building is a 10-story structure with one basement level, constructed of steel-reinforced concrete in November 1990. The property is sold fully furnished with hotel-specified furniture already installed.
As a hotel condominium, ownership requires entering into both a "Hotel Lease Agreement" and a "Hotel Asset Management Business Entrustment Contract." These contracts are mandatory for the hotel operation and cannot be terminated. Potential owners should note that rental income derived from the hotel lease agreement is variable and not guaranteed after purchase. A usage fee is also charged to the owner for personal stays. The unit underwent a comprehensive renovation in August 2018, which included replacing the tatami in the Japanese-style corner, re-flooring, re-wallpapering the entire room, and replacing the kitchen, unit bath, washbasin, and toilet.
Facilities within the complex include a restaurant, a front desk, a coin laundry, and a wood deck terrace. The property is equipped with electricity from Okinawa Electric Power Company, LP gas via a centralized system, public water supply, gas water heaters, and a centralized septic tank for drainage. Parking is available with 24 spaces in an external lot, plus an additional 45 free off-site parking spaces.
The location is highly accessible, approximately an 8-minute drive from the Ishikawa Interchange on the Okinawa Expressway and about a 67-minute drive from Naha Airport. The area of Onna Village is renowned for its stunning coastline and clear blue waters, forming part of Okinawa's main resort belt. An interesting local fact is that Onna Village is a major center for glassblowing in Okinawa, a craft introduced in the post-war era that now produces beautiful, locally inspired glass art. The closest major landmark is the iconic Manza Beach, famous for its crystal-clear waters and proximity to the unique natural rock formations of the Cape Manzamo coastline.
