Setagaya

Investment apartment
post-image-2065
post-image-2066
post-image-2067
post-image-2068
post-image-2069
post-image-2070
post-image-2071
post-image-2072
post-image-2073
post-image-2074
Description

This property is an attractive investment apartment located in the dynamic Setagaya district of Tokyo. Built in 1970 with solid concrete construction, it offers stability and durability. The property consists of 33 units, providing significant rental potential and the opportunity for high income. Currently, the property enjoys full occupancy, which is particularly beneficial for investors seeking reliable income sources.

Thanks to its convenient location, the investment benefits from easy access to public transportation, enabling quick connections to other parts of the city. Additionally, the property features parking, which is a significant advantage in Tokyo's crowded urban space. The building, located on the ninth floor, provides residents with comfort and a sense of privacy, while its attractive location supports the development of local services and recreation. The investment can yield a stable return of 4.32%, making it an interesting option in the real estate market.

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.

Content is available only for subscribers

To see more information you need to have an active premium account. Click the button below to purchase it.

Price257 925 USD
ProfitabilityProfitability 4.32%
Yearly profit11 142 USD
Monthly profit929 USD
TypeInvestment apartment
LocationSetagaya