Tsu

Investment unit
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Description

The offered property is a three-story residential building located in a quiet neighborhood, ideal for those seeking a comfortable place to live. The property consists of 11 units, creating the potential for a high rental income of 20.36%. The current state of the property indicates that it is fully rented, which can be advantageous for an investor wishing to profit from the property from the very beginning. The building, built in 1988, features solid construction and accessibility to local transport. This is an excellent opportunity for those looking to invest in a stable and profitable project.

City Description

Tsu is the capital of Mie Prefecture, located on Honshu Island in Japan. It is a city with a rich history and culture, offering many attractions for visitors. One of the main points of interest is Tsu Castle, which, although it currently exists only in the form of ruins, still attracts tourists with its history dating back to the 16th century. Near the castle is the Mie Prefectural Museum, which displays exhibits related to the history and culture of the region. The city of Tsu is also known for its typical Japanese landscape abundant in parks and gardens. One of them is Kairaku Park, where in spring you can admire the beautiful blooming cherry trees. Tsu is also famous for the Tsu Matsuri festival, which takes place every October and features traditional parades and fireworks displays. In Tsu, it is also worth visiting the Takada Honzan Senjuji Temple, one of the main Buddhist temples in the region, which attracts not only the faithful but also tourists interested in architecture and Buddhist rituals. The city also has access to the coastline of Ise Bay, making it an ideal place to sample fresh seafood, which is a specialty of the area. In addition to historical sites and natural beauty, Tsu is a convenient base for exploring other parts of Mie Prefecture. With its developed transport infrastructure, the journey from Tsu to places like Ise - known for the Great Ise Shrine - is easy and quick. The city combines modernity with tradition, making it a place where everyone can find something interesting.

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Price99 386 USD
Profitability20.36 %
Yearly profit20 235 USD
Monthly profit1686 USD
TypeInvestment unit
LocationTsu