Setagaya

Investment apartment
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Description

We present an investment apartment located in the picturesque Setagaya district of Tokyo. The property features a solid construction built using SRC technology, ensuring durability and user comfort. Completed in 1969, this modern seven-story building offers 72 residential units, making it an ideal investment opportunity.

The property is currently vacant, providing excellent opportunities for future tenants. It is located just a 3-minute walk from the subway station, offering quick access to public transportation. The high income potential from rentals attracts investors seeking stable profits, and the registered return on investment of 3.31% further justifies the effectiveness of this proposal.

Additionally, there is a parking space available on-site, which serves as an added advantage for future residents. This property combines practicality with a convenient location, making it an attractive option for investors looking to expand their portfolio in the heart of Tokyo.

City Description

Setagaya is one of the 23 special wards of Tokyo, predominantly residential in character but offering many interesting places and attractions worth visiting. It is one of the largest and most populous wards in Tokyo, blending modernity with tradition, making it a unique place to live and explore. Notably, the Seikado Bunko Art Museum boasts a rich collection of Japanese, Chinese, and Korean art, including ancient manuscripts and ceramics. For culture enthusiasts, visiting the Gotoh Museum is also worthwhile, as it houses works related to Asian art and traditional crafts. Setagaya is also home to one of Tokyo’s largest antique markets – the Boroichi Market. This biannual fair attracts crowds of both locals and tourists, offering a variety of handicrafts, souvenirs, and numerous food stalls serving local delicacies. Kinuta Park, with its spacious lawns and rich flora, is an excellent spot for picnics and relaxation away from the hustle and bustle of urban life. The park also provides opportunities for sporting activities like tennis and golf. For architecture and history lovers, a visit to the Gotokuji Temple is recommended, known as the birthplace of the maneki-neko – the lucky cat with a raised paw. It is a unique site that draws many tourists from around the world seeking a piece of Japanese symbolism and magic. While traveling through Setagaya, one cannot overlook the futuristic district of Futako-Tamagawa, featuring modern shopping centers such as the Rise Shopping Center. This place is a paradise for shopping and culinary discoveries, as well as an excellent point to feel the pulse of contemporary life in Tokyo. Setagaya is where tradition meets modernity, and where one can easily adapt to the rhythm of everyday life in Tokyo while drawing from the cultural richness and entertainment offerings of this dynamic district.

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Price330 075 USD
ProfitabilityProfitability 3.31%
Yearly profit10 925 USD
Monthly profit910 USD
TypeInvestment apartment
LocationSetagaya