Rise in Land Prices
Long term of depression seems to be finally over for some prefectures in Japan, including Okinawa.
Obvious reason for that prediction is, shown by the increase of Land Price.
Okinawa is the only prefecture that “natural population growth rate” is increasing in Japan.
Also, Okinawa is well known for tourist attraction and welcomes many tourists from all over the world, including from other prefectures of Japan as well. That creates the demands and needs for hotels, shops, and other facilities to satisfy the wants of tourists.
These demands lead to aggressive investment in real estate market in Okinawa.
Central Area of Naha City
Ocean Resort Area
Areas that are attracting investors
In last column, talked about how Okinawa is attracting many foreign investors.
However, just like anywhere else in the world, there are certain areas that are attracting people for investment. In Okinawa, central area of Naha City, which is the main district for business and living of both, and Ocean Resort Area of northern part of Okinawa islands are the two most popular areas for investment. For individual investors, condominium in Naha-City and nearby beach area, for business firms that are looking into investment, Resort Hotels and facilities around them are popular.
If you are interested, but not sure which area and properties to invest in, feel free to contact me and tell me what you have on your mind!
Okinawa has its unique advantages. One of the advantages Okinawa has is that many foreign investors are attracted there and it can expect more prosperity. As understood at a glance of its map, it is close to other eastern and south eastern Asian countries, and has become a junction of all over Pacific.
Frankly speaking, acquisition of land in Hong Kong and Macao has become difficult and overflown investors are noticing Okinawa. At any rate, foreign investors increase year by year, and it turns out to be next generation of Hong Kong. It is conceivable that real estate price will substantially increase in future if the boom is real.
Thing has its merits and demerits, so let’s conform yourselves to the environment around us. As a conclusion, for investors who will take real estate as property earning profit in real time like securities, Okinawa is recommended which facilitates sudden rise of market price.
Don’t miss out the opportunity to maximize your portfolio assets here in Okinawa!