Investment Opportunity in Urasoe: Land with Future Return Potential
This 99.65 square meter plot of land, located in the Shiroma district of Urasoe City, Okinawa, presents a unique investment opportunity. The land is currently designated as part of the Camp Kinser military base area (Makinohara Supply Area Shiroma) and is scheduled for return in 2025 or later. This makes it a forward-looking investment, often chosen for inheritance tax planning strategies.
Critical financial details from the agent's notes are as follows: The price multiple is 57.8x. The annual lease fee is 267,974 yen (for the Reiwa 7 summer payment). The fixed asset tax is 54,076 yen (Reiwa 7 fiscal year). The buyer is responsible for the ownership transfer registration costs (currently being estimated). The brokerage commission is calculated as (Price x 3%) + 60,000 yen, plus tax. Separate borrowing costs at the time of loan acquisition are to be discussed with the financing financial institution.
