Investment Opportunity in Ginowan City: 3LDK Apartment with Rental Income
This property is a 3LDK apartment located on the 8th floor of a 12-story reinforced concrete (RC) building in the Sashimishita area of Ginowan City, Okinawa Prefecture. It is a view-bust type unit, offering a comfortable living space with a total private area of approximately 67.95 sqm (about 20.6 tsubo), including a balcony of about 13.49 sqm. The layout consists of Japanese and Western-style rooms. The building is well-equipped with facilities including a system kitchen (face-to-face style), water purifier, vanity counter with shampoo basin, heated toilet seat, air conditioning, BS/CS satellite connections, auto-lock security system, security cameras, monitor intercom, parcel delivery boxes, elevator, and an indoor laundry machine space. Parking is available via a mechanical parking system at a cost of 2,000 yen per month, though usage requires a contract and terms are subject to change.
According to the agent's notes, this is an owner-change property currently tenanted, so viewings are not possible. It presents an immediate opportunity for rental investment, with potential for future use as a residence or second home. The monthly rent is 114,000 yen, generating an annual rental income of 1.368 million yen and a projected yield of 4.2%. It is important to note that this yield is calculated before taxes and other necessary maintenance costs and does not guarantee the annual rental income. The property is situated within walking distance of elementary and junior high schools and a supermarket, creating a convenient living environment. Pet ownership is possible under specific pet-keeping rules. Please note that any furniture or fixtures shown in the listing photos are not included in the sale price, and views can change with weather conditions and are not permanently guaranteed.
The Sashimishita area offers a highly convenient lifestyle. A key point of interest is its proximity to the Okinawa International University, just 500 meters away, contributing to a vibrant local atmosphere. For recreation and culture, residents are a short drive from the Okinawa Convention Center and the comprehensive Mihama American Village in nearby Chatan, a popular tourist destination featuring shopping, dining, and entertainment with a distinctive American twist.
