Otaru

Investment unit
post-image-62994
Description

We present an interesting property in a picturesque location in Otaru, which could be an excellent investment. It is a three-story residential building built in 1986, offering 21 residential units. The property is currently rented, generating high rental income, making it an attractive option for investors. An additional advantage is the availability of parking for residents. The property is located within close proximity to public transport, increasing its appeal among potential tenants. The owner has full rights to the land, ensuring investment stability.

City Description

Otaru is a charming port city located on the island of Hokkaido in Japan, known for its rich history of trade and fishing. One of the city's most distinctive landmarks is the Otaru Canal, which attracts tourists with its romantic atmosphere. A stroll along the canal allows visitors to admire the old warehouses that have been transformed into restaurants, shops, and museums. In the evening, when lanterns illuminate the path, it is particularly enchanting. Otaru also boasts a rich glass-making culture, with many workshops and shops where people can purchase glass art. It is worth visiting the Otaru Music Box Museum, which offers a wide range of music boxes and provides a unique insight into this art form. Another interesting spot is the Tanaka Sake Brewery Kikkogura distillation station, where one can taste and learn more about the national drink of Japan. The city played an important role as a trading center during the Meiji period, as seen in the architecture from that era. Preserved buildings, such as the former Bank of Japan, remind us of the times when Otaru was a significant financial hub. Otaru is also famous for its exquisite cuisine, especially seafood dishes. The Sankaku Market offers fresh seafood that can be tasted on-site. In winter, the city attracts skiers from all over the world due to its proximity to ski resorts such as Kiroro Resort. Otaru is a place where history meets modernity, making it a fascinating travel destination for tourists from various corners of the world.

Content is available only for subscribers

To see more information you need to have an active premium account. Click the button below to purchase it.

Price283 232 USD
Profitability18.11 %
Yearly profit51 293 USD
Monthly profit4274 USD
TypeInvestment unit
LocationOtaru