Investment Opportunity in Chatan with Ocean View and Rental Income
This property presents a compelling investment opportunity in the popular Chatan area of Okinawa. Unit 903 in Bears Court Ueseto is a 2LDK apartment currently tenanted, generating a monthly rental income of ¥200,000 (¥2.4 million annually), which translates to a surface yield of 6.18%. This is an owner-change situation in the sought-after Ueseto district of Chatan Town. The apartment boasts a stunning ocean view from its elevated position at approximately 43 meters above sea level. A key feature is the inclusion of a gas-powered generator, providing peace of mind during power outages.
The apartment's equipment and facilities are all Western-style rooms. It offers a comfortable 67m² of exclusive area with a 2LDK layout (Western room 8.1, Western room 5.5, LDK 16.8). Built in May 2019, it is a 14-story reinforced concrete building with an elevator. The unit is located on the 9th floor, facing south with a 13.58m² balcony. Interior features include a fully equipped kitchen with a water heater, water purifier, gas stove, counter kitchen, system kitchen, 3+ burner hob, dishwasher, and pantry. The bathroom and toilet are separate, featuring a unit bath, bathtub, bathroom dryer, and warm-water washlet toilet. Security is enhanced with an intercom, security camera, TV phone, and auto-lock. Storage is ample with a walk-in closet, shoe box, and storage in all rooms. The building also offers a parcel delivery box. Conditions are pet-friendly (consultation required), daily garbage disposal is okay, and the unit benefits from excellent sunlight and views.
Chatan is a vibrant town known for its American Village, a popular shopping and entertainment district with a unique blend of cultures. The area is a major tourist destination, offering beautiful sunsets and a lively atmosphere. The property is conveniently located just a 4-minute drive from the Okinawa Minami IC, providing easy north-south access across the island. The closest major landmark is the iconic Sunset Beach, a famous spot for watching the sun dip below the horizon.
