Onna / West Coast Resorts

恩納村・西海岸リゾート

Okinawa
105

Investment Index

Moderate Growth

Price trend: 102Volume: 132Price level: 74

Luxury resort corridor along Okinawa's west coast, featuring beachfront hotels, premium vacation rental properties, and land development opportunities with stunning ocean views and world-class resort facilities.

What buyers actually paid vs listing site prices

Listing sites

~¥528,000/m²

→

Actual price

¥471,428.57/m²

-11%

* Listing price estimated based on typical asking-to-transaction gaps.

2,267transactions analyzed
MLIT government data
Updated Q4 2024
¥471,429/㎡ ($2,955/㎡)median
124transactions
Highconfidence

Market Trends

Prices have risen 13% over the displayed period. Check whether current momentum is sustainable.

Median price per m² and transaction volume from MLIT government data. Tap data points for details.

Price vs Building Age

Post-20001981–2000Pre-1981

A 40-year-old building trades at roughly half the price of a new one. Building age is one of the biggest price drivers in this area.

Depreciation: ¥7,861/m² per yearEst. new-build: ¥591,621/m²
Premium (+20%+)Fair Value (±20%)Below Market (−20%+)

Investment Guide by Building Age

Recommendations for foreign investors based on seismic standards, depreciation, and financing.

AgeMedian/m²CountSeismicTax LifeVerdict
0–10 yrs¥526,6674✓ Modern37–47 yrs remaining● Recommended
11–20 yrs¥485,71415✓ Modern27–36 yrs remaining● Recommended
21–30 yrs¥358,57112△ Post-198117–26 yrs remaining◐ Caution
31–40 yrs¥300,0009△ Post-19817–16 yrs remaining○ High Risk
40+ yrs¥253,3339✗ Pre-19810–6 yrs remaining○ High Risk

● Recommended = Post-2000 seismic standard, financeable, strong resale · ◐ Caution = Post-1981, verify repair history · ○ High Risk = Pre-1981, limited financing, higher insurance

Market Evidence

Recent transaction samples from MLIT

These are actual sale prices recorded by the government — typically 5-15% below listing site prices.

4 of 50
Q4 2020Built 2011 (15y)
¥37,000,000
$231,931
75.0 m²|¥493,333/m²
Q4 2020Built 2011 (15y)
¥31,000,000
$194,321
65.0 m²|¥476,923/m²
Q4 2020Built 2010 (16y)
¥23,000,000
$144,174
70.0 m²|¥328,571/m²
Q4 2020Built 2004 (22y)
¥29,000,000
$181,784
65.0 m²|¥446,154/m²

Showing 4 of 50 transactions.

Get the Full Transaction Records for Onna / West Coast Resorts

This report includes:

  • ✓All 50 actual transaction records with address, size, price, and building age
  • ✓Downloadable data for your own analysis
  • ✓Updated with latest MLIT quarterly releases
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* Data sourced from MLIT (Ministry of Land, Infrastructure, Transport and Tourism) public records. Sample transactions may not represent all market activity.

Onna / West Coast Resorts — Frequently Asked Questions

What is the difference between asking price and actual transaction price in Japan?
Listing sites show asking prices set by sellers. JRE shows actual transaction prices recorded by Japan's Ministry of Land (MLIT) after deals close. The gap is typically 10-20%. This means buyers usually pay significantly less than listed prices.
Can foreigners buy property in Onna / West Coast Resorts?
Yes. Japan has zero restrictions on foreign property ownership. No visa, residency, or citizenship is required. The buying process is identical for foreigners and Japanese citizens.
How reliable is the transaction data on JRE?
All transaction data comes from MLIT (Ministry of Land, Infrastructure, Transport and Tourism) — Japan's government agency. These are actual recorded sale prices, not estimates or asking prices. Data confidence for Onna / West Coast Resorts is High based on 124+ recorded transactions.
What is the median condo price in Onna / West Coast Resorts?
Based on MLIT government records, the median actual transaction price for condos in Onna / West Coast Resorts is ¥471,429/㎡ (approximately $2,955/㎡). This is the price buyers actually paid, not the asking price.
Are land prices rising or falling in Onna / West Coast Resorts?
Official 2026 land price data shows Onna / West Coast Resorts recorded a +8.8% change year-over-year. The national average was +2.8%. Onna / West Coast Resorts is outperforming the national average.
Is Onna / West Coast Resorts a good area to invest in Japanese real estate?
Onna / West Coast Resorts's Investment Index on JRE is 105, combining MLIT price trends, transaction volume, and price level vs the broader market (100 is neutral on the JRE index scale). For full analysis including history and building-age context, see the charts and evidence on this page.
How many property transactions were recorded in Onna / West Coast Resorts?
MLIT records show 124+ transactions in Onna / West Coast Resorts for the latest period on this page. Data confidence level: High. More transactions mean more reliable price benchmarks for investors.

Related Guides

→ Onna Investment Guide 2026→ Japan's 2026 Foreign Investor Reporting Law→ Can Foreigners Buy Property in Japan?