Back to results Naha Apartment Building for Sale with 4.8% Yield

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¥198,000,000

Shuri Ishizakicho 2-chome, Naha City, Okinawa Prefecture

沖縄県那覇市首里石嶺町2丁目

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Investment Opportunity in Naha: A Modern Apartment Building with Strong Rental Income

This property presents a compelling investment opportunity in Naha City, Okinawa. It is a modern apartment building constructed in September 2017, offering a solid annual rental income of 9,630,000 yen with a surface yield of 4.8%. The building caters to a high-demand rental market, appealing to both students and single individuals. For those seeking to own their own building, this is also a highly recommended option.

The property is situated on a generous land area of 448.45 square meters (approximately 135.65 tsubo) in the Shuri Ishizakicho 2-chome district of Naha. The building is a reinforced concrete (RC) structure located within an urbanization promotion area zoned as Category II Residential. The floor-area ratio is 200% with a building coverage ratio of 60%. The layout is noted as 1K, with a specific breakdown provided: 1K1LDK (Living/Dining 9.4 sqm, Kitchen 2.2 sqm, one Western-style room 7.1 sqm). The building accommodates eight households. Parking is available for seven vehicles. Pets are not permitted.

The area of Shuri Ishizakicho is rich in history, being part of the former royal capital of the Ryukyu Kingdom. A major landmark nearby is the UNESCO World Heritage site of Shuri Castle, the former palace of the Ryukyuan kings, located just a short distance away. The property is also conveniently accessible, with the Monorail's Ishizaki Station approximately a 13-minute walk away.

This description was AI-generated from the original Japanese listing and may contain inaccuracies. Please verify details with the source listing.

Summary

Bedrooms: 1
Parking: 7
Year built: 2017
Land size: 448m² / 4,827sqft

Short-Term Rental (Minpaku)

Transport

OKA

Naha Airport — 5 km away

Nearby Konbini

Lawson Lawson — 3 min walk

Internet Connectivity

Natural Hazard Assessment

Flood Risk Low Risk
Landslide Risk Moderate
Tsunami Risk Low Risk
Earthquake Hazard Moderate

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Location Accuracy Notice: Although we try to make the map accurate with coordinates or address details provided, the location data is provided by the agent. This map data should be used as reference for the surrounding area foremost.

Location Type Beds Price Land House View

* Sold properties shown for price comparison only. Prices reflect historical sale data.

Location Type Beds Rent/Month Land House View

* Rental prices shown are monthly rates. Contact property owner for current availability.