Investment-Grade Apartment Building in Urasoe, Okinawa
This apartment building for sale in Urasoe's Nakama 3-chome presents a compelling investment opportunity. The property is currently fully occupied, offering immediate rental income. Designed with a single household per floor, it provides a sense of privacy akin to a detached house. The building, constructed in July 2009, remains in excellent condition. A key financial feature is the solar power generation system, which generates annual income from electricity sales of approximately 300,000 yen. This revenue is included in the calculation of the property's surface yield of 5.52%. The fixed property tax for the 2025 fiscal year is noted as 338,000 yen.
The property spans a land area of 190.99 square meters with a total building floor area of 278.44 square meters. It features a 3LDK layout. Constructed with reinforced concrete (RC), it is situated on land designated for residential use within the urbanization promotion area. The property benefits from multiple road frontages.
The location in Urasoe City is highly convenient, being very close to Naha's Shintoshin (New City Center) area. Urasoe is a vibrant city blending residential comfort with urban amenities. An interesting historical fact is that Urasoe was once the seat of the Ryukyu Kingdom before the capital moved to Shuri in Naha. The area is well-connected, with the nearest major landmark being the UNESCO World Heritage site of Shuri Castle, a symbol of Okinawa's rich Ryukyuan history, located just a short drive away.
