Apartments and flats for sale in Okinawa

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FAQ
How to buy an apartment in Okinawa as a foreigner on Global Properties?

Global Properties offers a wide choice of apartments and flats in the Okinawa archipelago. We carefully vet all the property ads to ensure they are from verified real agencies and developers of apartments in Japan. The search process is simple – just set your desired filters, such as price range, size, location and type of real estate in Japan. You can then sort the results based on criteria like newest listings, best match or lowest to highest price. Once you've identified suitable apartments in Okinawa for investment, you can directly contact the seller by phone or message to discuss the details and initiate the purchase.

How much are apartments in Okinawa?
  • Average cost of an apartment in Okinawa: JPY 25 million (around USD 185,000)
  • Average market price per m²: JPY 280,000 (around USD 2,100/m²)
  • Minimum cost: JPY 15 million (around USD 110,000)
  • Most expensive option: JPY 400 million (around USD 3 million)
  • Over the last year, the average price has increased by 4.2%
BedroomsMinimal priceAverage priceMaximum price
One bedroom USD 100,000 USD 130,000 USD 160,000
Two bedrooms USD 150,000 USD 200,000 USD 240,000
Three bedrooms USD 200,000 USD 240,000 USD 320,000
Four bedrooms USD 240,000 USD 300,000 USD 420,000
Five bedrooms USD 300,000 USD 380,000 USD 530,000
What is the floor area of flats in Okinawa?
  • Minimum area: 50 m²
  • Average area: 70 m²
  • Maximum area: 250 m²

Apartments for sale in Okinawa

Okinawa is a massive archipelago spanning over 160 islands, known for its stunning subtropical landscapes, rich culture and numerous international communities. This unique region has increased popularity among foreign real estate investors seeking investment opportunities and lifestyle properties. Whether you are interested in a relaxing island retreat, a lucrative rental investment or a long-term residence, the housing market offers a diverse range of options:

  1. Beachfront condos and apartments with panoramic views of the ocean;
  2. Spacious multi-bedroom units in exclusive residential complexes;
  3. Charming traditional-style homes with Okinawan architectural elements;
  4. Pre-construction developments that provide potential for capital appreciation.

Several key factors drive Okinawa's appeal as a real estate destination:

  • Mild, subtropical climate year-round, with average temperatures ranging from 18°C to 30°C;
  • Well-developed tourism industry, with over 9.5 million visitors annually;
  • Unique Ryukyu culture, including the UNESCO-listed Shuri Castle and the iconic cuisine;
  • Excellent accessibility, with the Naha International Airport serving as a gateway to the islands;
  • Favourable tax incentives for foreign property owners, including reduced inheritance and property taxes.

Apartment prices in Okinawa can vary and mainly depend on:

  • Location
  • Size
  • Amenities

However, on average, apartment costs are lower than in other major Japanese metropolitan areas. Popular investment hotspots include the cities of Naha, Urasoe and Chatan, which offer easy access to the islands' best beaches, shopping and dining options.

Reasons for investing in an apartment in Okinawa

The money asked for an apartment in Okinawa, Japan, has grown in recent years, outperforming the national average. According to the Okinawa Real Estate Research Institute, the average price of condominiums in central Okinawa increased by 8.6% in 2023 compared to the previous year. This strong appreciation is driven by the region's thriving tourism industry, steady population growth and ongoing infrastructure developments.

In addition to capital appreciation, the local rental market presents attractive investment opportunities to buy a flat in Okinawa. Data from the Okinawa Prefecture Tourism Association indicates that the average rental yield for apartments in popular tourist hubs like Naha and Chatan ranges from 5.5% to 6.2% per annum.

Furthermore, the unique local position as a subtropical island paradise, with its stunning natural landscapes and rich culture, provides investors in an apartment for sale in Okinawa with the opportunity to tap into the region's growing attractiveness as a lifestyle and vacation destination.

Buying an apartment in Okinawa

Our real estate platform simplifies finding and purchasing houses in Japan. The listings database is constantly updated, ensuring you have access to the most current property offerings. Each listing provides detailed information, including price comparisons in various currencies, so that potential buyers can understand an accurate price at the moment. To initiate a transaction, you can quickly contact the seller directly and discuss your specific requirements and concerns. Our platform creates a fast and smooth buying experience for foreign investors.