Y's Estem Court Chatan Mihama Center Tower( Property ID. : 27550 )

  • Condominium
  • Okinawa
  • JPY39,800,000

Investment property for sale. Expected gross return is 6.3%. Resort condo room with ocean view balcony and many storage spaces, in a highly convenient location for a daily life.

Property Description

Easy access to Chatan sunset beach (12 minutes walk / 892m), AEON shopping mall (6 minutes walk / 500m), Movie theatre (6 minutes walk / 500m), Depo Island shopping area (12 minutes walk / 940m), and American village (8 minutes walk / 600m). Provide you the resort atmosphere and the ease of daily life.

Property InformationView Cost Summary (management fee etc.)

Address 1-5-6 Mihama, Chatancho, Nakagamigun, Okinawa
Transportation Approximately 1 minute walk (about 75m) from "Kuwae-Chugakko" bus stop
Unit Floor 7F / 15F
Exclusive Area 75.55m2
Land Type of Ownership Freehold
Area 1,399.01m2
Building Exclusive Area 75.55m2
Balcony 11.93m2
Floor Plan 2 Bedrooms / 1 Full bathroom / 1 Living room / 1 Kitchen / 1 WIC / 1 Porch (6.43m2)
Completion December, 2010
Structure and size Reinforced concrete construction with flat roofing, 15 stories
Facilities Electricity Okinawa Electric Power Co., Inc.
Gas LPG (Shared system)
Water Public water supply system
Hot Water Gas powered water heating system
Drain Public sewerage system
Sewage Public sewerage system
Car Park 26 car parking and mechanical 16 car stacker
Notes Expected gross return: 6.3%
※The expected gross return is simply calculated as (Annual rent income)÷(Sales price) without considering registration tax, property tax, and maintenance fee etc.
※Currently rented for JPY210,000/month, however the rent and the tenant are not guaranteed in the future.
Property Management Property Manager Japan Housing Co.,Ltd.
Management Type Whole consignment / service by daily commuting
Type of Transaction Brokerage
Handover Current condition Inhabited
Delivery Date Determined upon discussion. ※Unavailable until the current rent period ends.

Cost Summary

Operating expenses I (Maintenance fee, etc.)

Total Management Fee (monthly) JPY 18,790
Breakdown Maintenance Fee JPY 7,750 (non-taxable) / monthly
Repair reserve JPY 6,040 (non-taxable) / monthly
Other expenses Car parking fee: JPY 5,000 (non-taxable) / monthly
  • ※Utilities expense will be charged separately.

Operating expenses II (Tax)

Property tax (annual) Vacation Use: JPY 117,800 (approximately)
Settlement: JPY 99,900 (approximately)

One-time Fees in purchasing property

Contract Stamp Fee JPY 10,000
Brokerage Fee JPY 1,354,320
Registration Tax JPY 170,700 (approximately)
Property Acquisition Tax JPY 305,400 (approximately) *It will be billed directly from Okinawa taxation office in 3-4 months after the purchase.
  • ※Contract Stamp Fee and Brokerage Fee are subject to change depending on the actual sales price.
  • ※At the time of registration, Judicial Scrivener fee will be charged approximately JPY 100,000 to JPY 200,000.
  • ※Property tax for the year of sales will be allocated to Seller and Buyer based on the delivery date.
  • ※Property Acquisition Tax will be billed in approximately four to six months after the property handover.
  • ※If the floor design provided on our website does not reflect the current conditions, the current conditions will be prioritized.
  • ※Since there is no showroom, please contact us in advance for a site visit.
  • ※All rights reserved. No photos or articles shall be used without prior permission.

Last Updated: July 20, 2017

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