[Rimawari-kun] Become a resort property owner in a vibrant tropical beach area! SYLA will form an income-type fund for "BREAKY HOTEL Araha Beach," operated by DOTOWN, which has a proven track record in Okinawa!
SYLA Co., Ltd. (Head office: Shibuya-ku, Tokyo; CEO: Yoshiyuki Yuto; hereinafter "SYLA"), in collaboration with DOTOWN Inc., will begin accepting applications for "BREAKY HOTEL Araha Beach" on Monday, November 27. The offering amount is 187.7 million yen and the expected yield is 4.5%.
▼「BREAKY HOTEL Araha Beach」
Background of the Fund
The subject property, situated in the Chatan-cho area of Okinawa, is a boutique hotel that will be leased and operated as part of a resort development project by DOTOWN. This follows the success of the previous fund, "Ocean Front Okinawa Yomitanson," with DOTOWN having a branch office in Okinawa.
▼ Previous Fund
Ocean Front Okinawa Yomitanson
Okinawa is a representative resort destination in Japan. The high popularity has led to a notable increase in real estate prices, making vacant properties scarce in Okinawa. While businesses sometimes falter in their attempts to fully immerse themselves in Okinawa’s distinctive culture and atmosphere, DOTOWN stands out with a proven track record. In Operating "BREAKY HOTEL," a boutique hotel in the Chatan-cho area, DOTOWN demonstrates its capability for stable and successful operations in Okinawa.
▼ BREAKY HOTEL
SYLA looks forward to receiving your application for this fund, offering you the opportunity to become a resort property owner in the thriving and expanding Okinawa resort area.
Chatan-cho, a vibrant tropical beach area
Chatan-cho is located in the central part of Okinawa Main Island. The development of the west coast area has been progressing in recent years due to the reclamation of public water and the repurposing of former military land for civilian use. The area is recognized as a dynamic hub within Okinawa Prefecture.
The vicinity surrounding the subject property has seen a notable increase in the number of cafes, bakeries, and various stores. It is an evolving and remarkable area, characterized by numerous unique stores not found elsewhere.
Tourist attractions are clustered nearby, including the exotic "Mihama American Village," "Araha Beach" within walking distance and favored by locals, "Chatan Park Sunset Beach," and "Miyagi Beach," each possessing its own distinctive charm that attracts a lot of tourists.
Fund name: BREAKY HOTEL Araha Beach
Offering amount: 187,700,000 yen
Expected yield: 4.5%
Time for distribution: Once every 6 months
Fund management period: 1 year
Type of application: First-come, first-served
Term of application: 19:00, Monday, November 27, 2023 – 12:00, Monday, December 4, 2023
Website for application: https://rimawarikun.com/customers/products/77
What is "supportive" real estate crowdfunding platform "Rimawari-kun"?
With the concept of "support in a new form," Rimawari-kun is a "’supportive’ real estate crowdfunding platform” that allows people to invest from 10,000 yen per unit in real estate that contributes to society, revitalization of local communities, and supports someone's dreams and challenges.