Residence Floor 10 at Kafuu Resort Fuchaku Condo Hotel
This property is a hotel condominium unit located on the 10th floor of the Residence Building at Kafuu Resort Fuchaku in Onna Village, Okinawa Prefecture. The unit offers a living space where one can enjoy the comfort of a resort and the sparkle of the ocean every day. The layout is a 1 Bedroom type with a exclusive area of 63.79 square meters. The balcony measures 10.10 square meters. Additional spaces include a porch area of 2.77 square meters and a trunk room area of 0.40 square meters, which is included in the exclusive area.
The building is a 12-story reinforced concrete structure with a concrete roof and tile covering, constructed in June 2009. The land rights are freehold ownership. The property is located approximately 8 minutes by car (about 5 km) from the Ishikawa Interchange on the Okinawa Expressway, and about 60 minutes by car (about 46 km) from Naha Airport. The building features various facilities including a restaurant, outdoor pool and jacuzzi, a gym, a deli cafe and bar, a shop, laundry, an internet corner, a concierge, an esthetic salon, an owner lounge, and an outdoor infinity pool on the 12th floor of the annex building.
The property is equipped with electricity from Okinawa Electric Power Company, LP gas central system, public water supply, a gas water heater, and a centralized septic tank for drainage and sewage. Parking is available for 204 cars free of charge. For those who wish to operate the unit as a hotel, the purchase of hotel-specified furniture is required. If the unit is currently under hotel operation, it will be sold with the furniture already installed. In such a case, a hotel lease agreement and a hotel asset management contract are mandatory. Rental income from the hotel lease agreement is not guaranteed after purchase. Owner usage fees apply when using the room. If the owner does not wish to operate the unit as a hotel, the aforementioned contracts are not required. The monthly running costs include a management fee of 24,800 yen, a repair reserve fund of 14,190 yen, common utility costs of 6,830 yen, an internet usage fee of 1,208 yen, and an asset management fee of 2,200 yen. If hotel operation is not desired, the asset management fee of 2,200 yen per month is not applicable, but a basic water fee of 882 yen per month will be charged.