Ocean View Condominium with Jacuzzi in Motobu Hills
This unique property is a condominium unit within the Alpha Terrace Motobu Hills development, offering a rare combination of personal luxury and investment potential. The unit features a 1LDK layout with a spacious 14.6 sqm Western-style room and a 14.8 sqm living/dining/kitchen area, complete with an ocean-view terrace and a private jacuzzi. The building was completed in December 2010 and sits on a substantial shared land plot of 1,459.58 sqm, with this unit's specific share being 6,696/53,568 of the total site.
Critical agent notes detail the property's operation as a hotel-condominium. When not used by the owner, the unit is intended to generate income through hotel operations. Under an assumed 60% occupancy rate, the surface yield is projected at 14.8%; detailed simulation reports are available upon request. Owners must enter into a "Alpha Terrace Motobu Hills Management Entrustment Contract." As hotel operation is a prerequisite, this contract cannot be terminated for the first five years. The rental income generated under this management agreement is variable and not guaranteed after purchase. Owners are entitled to up to 30 days of free accommodation per year; a usage fee applies if exceeding 31 nights annually.
Monthly fees include a management fee of 32,000 JPY (tax-exempt) and a repair reserve fund of 6,600 JPY (tax-exempt). Upon transfer of ownership, a lump-sum payment of a 402,000 JPY repair reserve fund and a 110,000 JPY (tax-included) photography fee for booking site listings is required.
The listing agent, Minsaa House, emphasizes their specialized, Okinawa-focused service. With over 10,000 followers on Instagram and TikTok and highly-rated Google reviews, they highlight their commitment to deep property information (including crime statistics and maximum seismic intensity predictions), long-term life planning, architectural insight, and exceeding customer expectations with speed and sincerity. They offer seven bases across Okinawa from north to south, providing 24/7 consultation by prior appointment. Perks for purchasers include post-purchase support for asset management, tax strategies, and subsidy applications.
