Ozu

Multifamily building
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Description

The residential building, built in 1992, is a five-story structure with a reinforced concrete construction. It is located on a plot of land measuring 115.02 m², and the total area of the building is 387.00 m².

The property consists of seven residential units. Currently, all units are rented, which generates a high return on investment. The full occupancy status is a stable source of income for the owner. The land on which the building is located is designated as a building plot.

City Description

Ozu, often referred to as "Little Kyoto," is a charming city located in Ehime Prefecture on Shikoku Island in Japan, attracting tourists with its rich cultural and historical heritage. One of the city's main landmarks is Ozu Castle, which was meticulously rebuilt in 2004 using traditional construction techniques. This castle not only offers stunning views of the surroundings but also provides an opportunity to learn about the region's history. The cultural focal point of Ozu is the Yanagi-machi district, where visitors can stroll through narrow streets lined with traditional wooden merchant houses. These well-preserved buildings transport visitors back to the Edo period, offering insights into the daily life of this historical city. The Hiji River flowing through Ozu adds a unique character to the town. In its clear waters, one can see cormorant fishing, a tradition that has been practiced for centuries. It is a unique spectacle that fascinates both locals and tourists alike. The city is also known for exceptional festivals, such as the Ozu Awa Odori, which takes place in August. It is one of the most energetic and lively dance festivals in the region, attracting crowds of enthusiasts of traditional Japanese music and dance. A visit to the Blue Dye Museum is also worthwhile, showcasing traditional fabric dyeing techniques that are an integral part of the local culture. Ozu is a place that, with its deep history and rich traditions, offers an unforgettable journey into the heart of Japanese heritage.

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Price151 636 USD
Profitability16.02 %
Yearly profit24 292 USD
Monthly profit2024 USD
TypeMultifamily building
LocationOzu