Sakai

Investment apartment
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Description

An investment apartment is offered for sale, located in the quiet Sakai district of Osaka. Just a 10-minute walk from the train station, the property enjoys excellent access to public transport, increasing its appeal among tenants. Built in 1975, the structure features a solid steel construction, ensuring durability and safety.

The property currently achieves an impressive return on investment of 12%, making it an interesting proposition for investors seeking a stable source of income. It is worth noting that the property is fully leased, which guarantees a continuous income stream. Emphasizing the comfort of residents, the building also provides a parking space, which definitely enhances its value in the eyes of potential renters.

The property is in good condition, allowing for immediate rental or further investments in its improvement.

City Description

Sakai is a city in Osaka Prefecture, Japan, known for its rich history, industry, and culture. One of the most recognizable landmarks in this city is Daisen Kofun, a massive keyhole-shaped mound that is the burial site of Emperor Nintoku. It is one of the three largest tombs in the world and is listed as a UNESCO World Heritage site. The city of Sakai has a long crafting tradition. Since medieval times, it has been famous for producing excellent knives, prized by chefs worldwide. Sakai knives are handmade with extraordinary precision and are an example of excellent Japanese craftsmanship. In Sakai, you can also visit traditional Japanese gardens, such as Oizumi Ryokuchi Park, which offers a peaceful space for relaxation and nature observation. The city is also known for its tea ceremonies, which continue a five-hundred-year tradition. The Sakai Daiun-in Tea Ceremony Center allows guests to experience the traditional art of tea brewing. Museums such as the Sakai Civil Museum provide insights into the history and culture of the city. Sakai is also a place that combines ancient traditions with modernity, making it a fascinating destination to visit.

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Price30 951 USD
ProfitabilityProfitability 12%
Yearly profit3714 USD
Monthly profit310 USD
TypeInvestment apartment
LocationSakai