Exploring Okinawa: Unveiling the Real Estate Renaissance
Okinawa, known for its subtropical climate, rich cultural heritage, and strategic location in Japan, is steadily emerging as a hotspot in the real estate arena. With an average air temperature of 23.7°C and high relative humidity at 80%, the region offers a unique living environment supported by robust infrastructure including a high number of schools and retail establishments. The steady population change and a solid employment rate further accentuate its appeal to both domestic and international buyers. As local areas like Tomigusuku City, Naha City, and Okinawa City continue to show varied price dynamics, understanding local market patterns is essential for investors and homebuyers alike.
Ratio of population of foreigners (per 100,000 persons)
1237.3
Aging index
143.3
Rate of population change
0%
Yearly average of air temperature
23.7
Yearly average of relative humidity
80%
Yearly clear days
3
Number of elementary schools (per inhabitable area 100 km2)
23.8
Number of lower secondary schools (per inhabitable area 100 km2)
13.23
Number of upper secondary schools (per inhabitable area 100 km2)
5.59
Percentage of persons employed
94.5%
Unemployment rate (Both sexes)
5.5%
Percentage of owned houses
44.4%
Number of retail stores (per 1,000 persons)
7.76
Number of eating and drinking places (per 1,000 persons)
5.79
Number of department stores and general merchandise stores (per 100,000 persons)
1.7
Number of traffic accidents (per 100,000 persons)
189.2
Number of recognitions of criminal offenses (per 1,000 persons)
3.97
Amount of damage by disasters (per capita)(30 years average)
¥3275
Areas in Okinawa
Area | Median Price per m² | Growth over last 5 years |
---|---|---|
Tomigusuku City | ¥468,627 | 68.4% |
Naha City | ¥459,459 | 38.8% |
Urasoe City | ¥359,229 | 19.7% |
Nanjo City | ¥357,894 | 46.4% |
Itoman City | ¥357,738 | 21.0% |
Ishigaki City | ¥329,411 | 37.3% |
Uruma City | ¥310,000 | 11.4% |
Nago City | ¥290,210 | 18.8% |
Okinawa City | ¥287,500 | -5.9% |
Miyakojima City | ¥276,000 | 89.8% |
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