Investment Property in Naruto, Tokushima
This is a 1LDK condominium unit on the 4th floor of a 14-story reinforced concrete building, offering an ocean view over the Naruto Strait. The property has a registered floor area of 51.36 square meters and a balcony of 5 square meters. Built in November 1992, the unit is being sold as an owner-change property, meaning the buyer can begin receiving rental income immediately after purchase. The listing price is 3,900,000 yen, and the property is available for immediate handover.
The unit is located in the Takashima area of Naruto City, Tokushima Prefecture, approximately 68 minutes on foot from Naruto Station on the JR Naruto Line. The monthly management fee is 18,000 yen, and the monthly repair reserve fund is 10,800 yen. Parking is available on the premises for 1,000 yen per month. The land rights type is freehold.
This property is marketed as an investment opportunity, suitable for first-time real estate investors or those looking to diversify their portfolio. The resort-like location provides a unique selling point for rental demand, and the building's age contributes to a more accessible price point, making it easier to secure a yield. The property offers flexibility for use, rental, or future resale.
