Chiryu

Investment apartment
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Description

We offer a unique residential property located in an attractive area in Chiryū, Aichi Prefecture. The building, which has a solid structure, was built in 1978 and consists of five stories, comprising 40 residential units. Currently, the property is fully rented out, ensuring a high investment return of as much as 22%. This allows investors to enjoy stable profits without the need for additional actions. Proximity to train stations and the availability of free parking enhance the appeal of this location for both tenants and owners.

City Description

Chiryu is a small town located in Aichi Prefecture in central Japan. Although it is often overlooked by tourists, it has much to offer. One of the characteristic places in Chiryu is the Chiryu-jinja shrine, whose origins date back to the 8th century. This shrine is known for its beautiful gardens and numerous festivals that attract locals and visitors. Chiryu is also known for traditional crafts, with a particular emphasis on silk products that have been produced here for generations. Every year, the Tokaido Chiryu-shuku festival takes place, showcasing traditional costumes and crafts. For nature lovers, Chiryu offers several parks, with Chiryu Benten Park being one of the most popular, known for its stunning cherry blossoms. In spring, hanami, or traditional picnics under the sakura trees, takes place here. The town lies on the historic Tokaido route that connects Tokyo with Kyoto. In the past, Chiryu served as an important resting place for travelers. To this day, you can see remnants of old inns and signs reminiscent of the Edo period. Chiryu is also famous for its cuisine, especially local specialties like dried sweet potatoes. Local restaurants also serve Japanese dishes that will delight food enthusiasts. In summary, Chiryu is a place that offers a rich history, tradition, and culture, making it an interesting point on the map of Aichi Prefecture.

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Price20 256 USD
Profitability22 %
Yearly profit4456 USD
Monthly profit371 USD
TypeInvestment apartment
LocationChiryu