Investment Property with Solar Income in Itoman, Okinawa
This investment property in the Kyan district of Itoman City, Okinawa, presents a compelling opportunity for stable rental income supplemented by significant solar power generation revenue. The building is an eight-household apartment complex constructed in February 2011, offering a total floor area of 421.8 square meters on a generous 469.25 square meter plot of land. The location is within walking distance of Kyan Elementary School, providing a sense of security for families and contributing to an environment conducive to long-term tenancy.
Critical financial details from the agent's notes are translated as follows: The property yields an annual return of 6% with an estimated annual profit of 5.1 million yen. The fixed asset taxes for the 2025 fiscal year are 14,600 yen for the land and 436,400 yen for the building. A major feature is the solar power generation income, which was approximately 652,362 yen in 2025. It is important to note that ownership transfer costs are to be borne by the buyer.
The property is a reinforced concrete (RC) structure with a 3DK layout. Its location in Itoman offers a more relaxed pace of life compared to Naha, while remaining accessible. An interesting fact about the area is its deep connection to Okinawa's traditional ama (female divers) culture and fishing heritage. The closest major tourist attraction is the iconic Peace Memorial Park in Itoman, a solemn and beautifully maintained site dedicated to the Battle of Okinawa, featuring museums, monuments, and panoramic ocean views.
