Kagoshima

Investment apartment
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Description

The presented property is an apartment in a residential building with a reinforced concrete structure, completed in December 1990. It is located in Kagoshima, within walking distance of a public transport station. The property is freehold.

The apartment is part of a building with 55 units, located on the second floor of a five-story building. An advantage is the high potential for generating rental income. The property is currently rented and fully occupied, providing a stable income for the owner.

City Description

Kagoshima is a fascinating city located in southern Japan, serving as the capital of the prefecture of the same name. The city is primarily known for the active volcano Sakurajima, which dominates Kagoshima Bay. Sakurajima is one of the most active volcanoes in Japan and can be viewed from many points in the city, providing an unforgettable experience. The volcano is easily accessible by ferries that regularly transport tourists to the island, where they can explore the volcanic landscapes and admire the fascinating rock formations. Kagoshima is also known for its hot springs, with nearby Ibusuki being famous for its unique sand baths known as suna-mushi. The city is full of historical sites, such as the Meiji Restoration Museum, which offers insights into the period of Japan's transformation into a modern state. Visitors can also explore the 17th-century Japanese garden Sengan-en, which overlooks the bay and the volcano. Culinary-wise, Kagoshima surprises with a variety of dishes. The regional specialty is fried chicken coated in black sesame as well as the sweet potato satsuma-imo, and the local alcoholic drink shochu made from sweet potatoes. While in Kagoshima, it is also worth trying the tender Kagoshima wagyu beef, which is valued worldwide. The extraordinary mix of nature, history, and culture makes Kagoshima a place worth visiting to understand the diverse facets of Japan.

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Price16 671 USD
Profitability15.23 %
Yearly profit2539 USD
Monthly profit212 USD
TypeInvestment apartment
LocationKagoshima