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An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image An Okinawan Villa image

an okinawan villa

sumuide, nago, okinawa

Hotel/Resort

Sale

Commercial

Freehold

10 Beds

10 Baths

594 m² Built-up

3,463 m² Land Area

¥ 650,000,000

About this property

10-Bedroom Home in Nago, Okinawa - 594 Square Meter for Only JPY 650,000,000


A Secret Island Investment Opportunity

~Discover Your Dream Villa in Okinawa~

 

Presenting an extraordinary investment opportunity on Yagaji Island, Okinawa!

This magnificent villa complex, built in 2021, features 5 charming villas and a dedicated management building, all set on an expansive 3,463 square meter lot.

In 2023, this stunning property generated 35 million yen in revenue, with so much potential.

 

This villa complex features five independent, single-story wood structured villas with traditional Ryukyu roofing tiles.

 

Each villa has its own pool, poolside BBQs for guests to enjoy.

 

Notably, two villas, named "Akou House" and "Agachi House," are equipped with grand pianos, including a prestigious Steinway in Agachi House.

 

This property sits on the route to the famous Kouri Island, known for its Heart Rock, attracting numerous tourists. Okinawa is gaining significant attention, especially with the upcoming opening of the large-scale theme park, Jungleia, in Nago City in 2025, just a short drive away. Naha Airport is also set to become a world-class international resort and business airport.

Okinawa boasts the highest land price growth rate in Japan, making it a hotspot for investors.

 

The owner, passionate about music and the arts, has hosted concerts with famous classical artists and art exhibitions, increasing the property's reputation. Despite opening during the challenging times of 2021, the property has steadily gained popularity and maintains high occupancy rates.

The diverse clientele includes American military families and increasing numbers of visitors from Asia. With a significant increase in revenue compared to the previous year, this property is poised to become a highly profitable investment with potential for higher per-guest spending in the future.

 

Notes from agent

 

I believe this is a very unique investment opportunity in Okinawa: a set of five villas, each with two bedrooms, two indoor bathrooms, an outdoor bath, and a swimming pool.

 

These villas showcase traditional Okinawan architectural features, reflecting the meticulous attention and care the current owner invested in creating this mini-resort in Japan’s paradise.

 

Despite the effort, the current owner was only able to generate 35 million yen revenue in 2023., The owner’s lack of business acumen and the impact of COVID-19 have resulted in suboptimal management.

 

This underperformance signals immense potential for higher returns. With strategic management and effective marketing, occupancy rates and revenue can be significantly increased. This property deserves to be revitalized with better management.

 

Contact us today to explore this exceptional investment opportunity.

Specification

Property Type

Hotel/Resort

Subsale

Sale

Category

Commercial

Furnishing

Fully Furnished

Tenure

Freehold

Title

Individual

Status

Active

Direction

South

Occupancy

Unknown

Unit Type

Unknown

Property Code

60202-1717480994

Listed On

June 4, 2024

Highlights / Amenities

BBQ Area

Parking

Swimming Pool

Other Facilities: Management Building

Would you like to know more?

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