Leasehold Land Opportunity in Tomigusuku, Okinawa
This listing presents a substantial leasehold land plot of 1,406 square meters located in the Ganaha area of Tomigusuku City, Okinawa Prefecture. The monthly lease price is set at 425,500 yen. The property is offered under a fixed-term land lease contract with a period of 5 years. The agent's notes specify that the intended use of the land is open for discussion. However, the tenant will be responsible for the costs and procedures related to land development and any necessary applications under Article 5 of the Agricultural Land Law, should they be required. The installation of any structures on the land is also subject to prior consultation and agreement.
Key financial terms include a security deposit equivalent to two months' rent and a key money (reikin) payment of one month's rent. There is no monthly common area fee. The brokerage commission is 1.1 months' rent. The contract will be formally executed via a notarized deed, with the associated costs to be shared equally between the parties. The property will be handed over in its current 'as-is' condition. The tenant is also responsible for the cost of constructing fences for safety measures on adjacent land as part of the development work. Importantly, if any structures are erected, the tenant will be liable for the annual fixed asset tax.
The area of Tomigusuku City offers a blend of residential convenience and natural beauty, located just south of the prefectural capital, Naha. An interesting local fact is that Tomigusuku is home to the Okinawa Prefectural Peace Memorial Museum and the Cornerstone of Peace, a monumental park dedicated to honoring all those who lost their lives in the Battle of Okinawa, regardless of nationality. The closest major tourist attraction is the stunning Nirai Kanai Bridge, an iconic, elegantly arched bridge leading to the southern part of the city, offering panoramic views of the East China Sea and is a popular spot for photography and scenic drives.
