Investment Opportunity with Panoramic Ocean Views in Okinawa City

This property presents a unique investment opportunity in Okinawa City's Sumiyoshi 2-chome district. Currently tenanted with a monthly rental income of 180,000 yen, the apartment offers a calculated yield of 7.7%. The unit has undergone a complete interior renovation and comes fully equipped, making it an ideal choice for first-time investors seeking a turnkey asset.

The apartment is situated on the top (15th) floor of a 15-story reinforced concrete (RC) building, offering an unparalleled living experience at an elevation of 90 meters above sea level. The highlight is its breathtaking 360-degree panoramic ocean view, a truly one-of-a-kind vista that allows residents to enjoy a life surrounded by magnificent scenery.

According to the agent's notes, the property features a separate bath and toilet and is equipped with an elevator. The layout is a 2LDK (two bedrooms plus living, dining, and kitchen). The building was constructed in December 1991, making it 34 years old. The property is for sale via an intermediary transaction and is located within an urbanization promotion area zoned as Category 1 Residential.

The surrounding area of Okinawa City is a vibrant mix of residential and commercial activity, offering convenient access to daily amenities. An interesting fact about the region is that it is home to the Okinawa City Zoo & Museum, a popular family destination. The closest major landmark is the iconic Okinawa Memorial Park, a vast national park that includes the Peace Memorial Park dedicated to the lives lost in the Battle of Okinawa, offering serene gardens and reflective monuments.