Alture Mihama: A Prime Investment Property in Okinawa's Popular Chatan Area
This property is a 7th-floor, southeast-facing unit within the large-scale Alture Mihama condominium complex in Chatan Town, Okinawa. Currently tenanted, it generates a stable monthly rent of 210,000 yen, translating to an annual rental income of 2.52 million yen. The projected annual yield is 2.8%. It is critical to note that this 'projected yield' is calculated as (annual projected rental income ÷ acquisition price) × 100 and is presented before the deduction of taxes, public charges, and other necessary maintenance costs. This figure does not guarantee that the annual projected rental income will be reliably obtained.
The property itself is a 3LDK layout with a private area of 71.79 sqm (approximately 21.72 tsubo) and a 14 sqm balcony. Built in January 2010, it features a reinforced concrete structure and is situated on the 7th floor of a 19-story building. Key facilities and equipment include an indoor washing machine space, a system kitchen with 3+ gas burners and a disposer, a separate bath and toilet unit with a bathtub and shower dryer, and a heated toilet seat. Security is comprehensive with an auto-lock building entrance, intercom, security cameras, and a contract with a security company. The building offers extensive amenities such as elevators, a parcel delivery box, concierge and front desk services, and common facilities including a garden pool and lounge spaces.
Important remarks from the agent specify that the unit is currently occupied, so interior viewings are not possible. Any furniture or fixtures shown in the listing photos are not included in the sale price. Furthermore, views from the property may change due to weather conditions and are not permanently guaranteed.
