Investment Opportunity in Okinawa's Convenient Shinkai Area
This property presents a compelling investment opportunity in the Shinkai area of Nanjo City, Okinawa. The apartment is currently tenanted, generating a monthly rental income of 33,000 yen, which translates to a surface yield of 7.92%. The unit is situated on the 2nd floor of a 4-story reinforced concrete (RC) building constructed in May 1991. With a total floor area of 19.52 square meters (approximately 5.9 tsubo), the layout is a 1-room Western-style configuration. The property includes parking for up to 3 vehicles.
According to the agent's notes, the Shinkai area is noted for its convenience for daily living. The agent emphasizes their commitment to supporting clients, stating: "Our company is fully committed to backing up our clients so they can purchase real estate with peace of mind and at a good value. Please feel free to contact us about anything you are concerned about. Let's purchase your dream home at a great value together!!!" The price is listed at 5,000,000 yen.
The location offers excellent local access, with the Shinkai bus stop just a 4-minute walk away. The area of Nanjo City is rich in natural beauty and history, being home to several significant Okinawan heritage sites. A major nearby landmark is the stunning Sefa-Utaki, a sacred grove and UNESCO World Heritage Site that was a central place of worship for the Ryukyu Kingdom. This historical and spiritual site is a key tourist attraction, drawing visitors interested in Okinawa's unique culture and lush subtropical landscape.
