Miyazaki

Multifamily building
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Description

The property is a three-story residential building dating back to 1979, constructed using RC technology. The building comprises eight residential units and is currently fully tenanted, generating regular income. Land ownership. The property is located in Miyazaki, a city situated in the Miyazaki Prefecture. The fact that the property is tenanted eliminates the need to search for tenants and provides a steady income from the moment of acquisition.

City Description

Miyazaki, located on the island of Kyushu, is a city in the prefecture of the same name, enticing visitors with its wealth of tourist attractions and rich cultural heritage. One of the key points for visitors is Aoshima, an island connected to the mainland by a narrow isthmus and surrounded by mysterious rock formations known as “Oni no Sentakuita” or “Devil's Washing Board.” The island also features Aoshima Shrine, a small yet significant place of worship that attracts both tourists and local worshippers. It's also worth visiting the Miyazaki City Phoenix Zoo, where you can admire a variety of animal species in beautifully landscaped surroundings, as well as a lovely botanical garden that offers stunning landscapes year-round. For those interested in the region's history and culture, the Miyazaki Prefectural Museum of Nature and History is a place that allows visitors to delve into the traditions, nature, and history of the area. Water sports enthusiasts will find perfect conditions for surfing, especially on beaches like Kisakihama, known for its excellent waves. Golf lovers can enjoy world-class golf courses overlooking the Pacific Ocean. Miyazaki is also a region famous for its exquisite cuisine, including the renowned Miyazaki beef, which has gained international acclaim. During your visit, be sure to try local specialties such as nanban chicken, tuna dishes, or mangoes, which are extensively cultivated here. With its mild climate, beautiful views, and diverse attractions, Miyazaki offers every type of activity for visitors and will undoubtedly not disappoint any newcomer.

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Price180 360 USD
Profitability12.44 %
Yearly profit22 437 USD
Monthly profit1870 USD
TypeMultifamily building
LocationMiyazaki