Ocean View Investment Condominium in Okinawa City
This is a 3LDK condominium for sale located on the 8th floor of a 10-story reinforced concrete (RC) building in the Takahara district of Okinawa City, Okinawa Prefecture. Built in 2019, the property offers approximately 63.85 sqm (19.3 tsubo) of private floor area plus a 14.82 sqm balcony. It features a south-east orientation, one indoor parking space, and is currently tenanted. The layout includes three bedrooms, with one of the western-style rooms potentially being used as part of the living-dining-kitchen (LDK) area.
The property is presented as an investment opportunity with a stated gross yield of 6.03%. According to the agent's notes, the estimated rent after the current tenant vacates is 200,000 yen per month, projecting an annual rental income of 2.4 million yen and a potential gross yield of 6.52%. The current rent is 185,000 yen per month. Due to the owner-change transaction, the seller has not been able to verify the interior's current condition. The listed photos are for reference from a unit on a different floor of the same type, so interior colors for flooring, doors, kitchen, and bathroom may differ.
Key facilities and equipment include a system kitchen (counter-style, facing the living area), water purifier, dish dryer, propane gas, bathroom dryer, separate washbasin, heated toilet seat, gas clothes dryer, air conditioning, trunk room, ample storage, BS/CS antenna, auto-lock security system, security cameras, monitor intercom, parcel box, elevator, and an indoor laundry space. Pets are allowed subject to the building's management regulations. Additional monthly costs for the current foreign tenant include 1,800 yen for garbage disposal and a 10,175 yen management fee.