Owning a hotel condo carries several recurring charges, each paid to a different party. Tokyu Resort's column on Okinawa properties lists four, plus fixed asset tax.
管理費 (management fee) goes to the management company hired by the owners' association. It covers the value of the building and land: general meetings, repair planning, equipment inspections. That company also collects the other fees for the owners. ホテルコンドミニアム管理費 / ホテル運営管理費 (hotel condominium or hotel operating management fee) goes to the hotel operator and covers shared hotel areas: landscaping, cleaning, and bath and pool water quality. Tokyu says service levels are higher than in an ordinary condo.
資産管理業務費 (asset management fee) is paid to the asset management company, which checks that your payback is calculated correctly and that the hotel is run in a way that protects asset value. Depending on the property, it reports every 3 or 6 months. 修繕積立金 (repair reserve) is saved for planned long-term and emergency repairs to the building and land. Separately, the operator pays for repairs to in-room furniture and equipment caused by normal wear (Tokyu FAQ).
On utilities, Tokyu's FAQ says owners pay the monthly basic charges for water, electricity and internet, while the operator pays usage charges and holds the contracts. Tokyu's glossary also describes a 'room maintenance base fee' covering basic utility and communication charges, fire insurance and operating costs. Fixed asset tax (固定資産税) is a municipal tax that depends on land area, building age and structure. Nisade puts it at about 1.4% of assessed value, with city planning tax of up to 0.3% in towns like Kutchan, billed each May.
Real figures from Tokyu Resort: its Okinawa hotel condos sold April 2013–March 2019 averaged about ¥40,000 in maintenance costs (the period is not stated; probably monthly, unconfirmed). In one Alamahaina unit for FY2021 the monthly fees were a ¥13,400 management fee, a ¥4,100 repair reserve and a ¥9,800 condominium management fee. Fixed asset tax was ¥206,600 a year, and total costs came to ¥534,200. Tokyu's 2023 examples put annual management costs plus fixed asset tax at ¥572,000 (HIYORI Ocean Resort Okinawa), ¥412,000 (Alamanda Jacuzzi Terrace) and ¥391,000 (Hotel Sunset Hill).
Other costs to watch: per-night owner stay fees (below), FF&E (furniture, fixtures and equipment) replacement reserves, fire insurance and tax-filing costs (Aoyama Jisho). A Crossover International column on Hawaii warns that hotels refurbish rooms to brand standard every few years at the owners' expense. resortboy notes that hotels typically need renovation or rebranding about every 20 years. Ask how such projects are funded before you buy.