Chiyoda

Investment apartment
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Description

This property is a modern investment apartment located in a rapidly developing area of Tokyo. Built in 2002, it features a solid construction. The property consists of 12 floors and 54 units, providing a wide variety of offerings for future tenants. Its proximity to the subway station and main train lines enhances rental opportunities, positively impacting the attention to maintaining full occupancy.

The high rental income, with a 3.60% return on investment, makes this property an attractive point on the investment map. The property is currently rented, ensuring a stable income while providing new opportunities for future owners. Parking spaces are also available in the building, which certainly increases the comfort of residents and their guests. It is worth noting the potential of this investment, considering the growing interest in this location.

City Description

Chiyoda, located in the heart of Tokyo, is a district of great historical and administrative significance. It is home to many key government institutions, including the Japanese Parliament building, making it the political center of the country. At the very heart of Chiyoda lies the Imperial Palace, surrounded by expansive gardens where visitors can stroll and enjoy the tranquility in the midst of the bustling city. Although the palace is closed to tourists for most of the year, on New Year’s Day and the emperor's birthday, the gates are opened, allowing visitors a glimpse into the grounds of the imperial family's residence. The district is also known for Akihabara, the famous hub of otaku culture. Right next to modern skyscrapers, one can find shops selling electronics, manga, anime, and themed cafes that attract fans from all over the world. Chiyoda is also a place where one can visit shrines and temples, such as Kanda Myojin, which offer a unique insight into Japanese traditions. Interestingly, the Tokyo Station building is a beautiful example of early 20th-century architecture, whose Victorian style contrasts with the modernity of the surrounding skyscrapers. Many visitors take the opportunity to sample exquisite dishes in the area and enjoy shopping at luxury department stores. Chiyoda is a dynamic district where the past intertwines with the future, offering tourists the chance to immerse themselves in the vastness of Japanese culture and history.

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Price206 340 USD
ProfitabilityProfitability 3.6%
Yearly profit7428 USD
Monthly profit619 USD
TypeInvestment apartment
LocationChiyoda