Investment Opportunity in Nago: A Profitable Minpaku Business with Sauna and Beach Access
This property presents a unique investment opportunity in the popular northern area of Okinawa. Currently operating as a minpaku (private lodging business), it generates a monthly rental income of 214,500 yen, resulting in a surface yield of 9.3%. The property holds a simple lodging permit, making it ready for continued operation in the tourism sector. A standout feature is the inclusion of a private sauna, adding significant appeal for vacation rentals.
As per the agent's special notes, all inquiries should be directed to Riken Okinawa Chubu Branch at 098-989-1126. The notes emphasize that the property is "currently operating as a minpaku! Surface yield 9.3%! Popular northern area!"
The property is a single-story RC block (reinforced concrete block) structure with a building area of 79.64m² situated on a generous 442.85m² plot of land. It offers parking for up to seven vehicles. Its prime location is just an approximate one-minute walk to Kayo Beach, providing immediate access to the ocean and sand.
The surrounding Nago area is a major hub of northern Okinawa, known for its lush nature and coastal beauty. An interesting fact is that Nago is home to the annual Orion Beer Festival, a massive event celebrating Okinawa's locally brewed beer. The closest major landmark is the iconic Nago Castle Park (Nangusuku), a historical site with panoramic views of the city and Nago Bay, famous for its cherry blossoms in spring.
