Condominium Hotel Investment Opportunity in Ginowan City, Okinawa
This listing presents a unique investment opportunity: a single condominium hotel unit located in Ginowan City's popular convention area. The property is currently under a secure leaseback arrangement, providing a stable and worry-free income stream. The annual rental income is set at 1.92 million yen (160,000 yen per month), which translates to a surface yield of 6.44%. Additional monthly costs include a land lease fee of 5,024 yen, a management fee of 30,000 yen, and a repair reserve fund of 3,666 yen.
The unit itself is a one-room Western-style layout, featuring two semi-double beds, a separate toilet, and a separate bathroom. A key facility noted by the agent is that the unit comes equipped with a gas dryer. The building is an 8-story reinforced concrete (RC) structure, with this particular unit situated on the 4th floor. It was constructed in February 2019, making it approximately 7 years old. The total building area is 1,531.42 m², with the land plot measuring 707.14 m². The property is located in a Category I Residential zone within an urbanization promotion area.
