Prime Land for Sale in Chatan, Okinawa
This substantial 1,409m² (approximately 426.22 tsubo) plot of land is available for purchase in the sought-after area of Chatan Town, Okinawa. The property, designated as "Camp Zukeran," offers a significant opportunity for development or investment. The land is currently classified as a field (畑) but is anticipated for residential use (宅地見込地).
Critical financial details from the agent's notes are essential for prospective buyers. The total asking price is 115,550,000 JPY. Additional costs include ownership transfer registration fees, revenue stamps for the contract, brokerage commission, military land fees, landowner association fees, and fixed asset tax settlements. For the Reiwa 7 fiscal year, the annual land lease fee is 2,512,134 JPY, the fixed asset tax is 308,909 JPY, and the landowner association fee is approximately 12,561 JPY per year (0.5%). The annual escalation rate for these fees is approximately 1.0%. There is no scheduled return of the land. Ownership transfer costs are to be split equally between the buyer and seller. The agent can provide an estimate of initial costs upon request. Please note that the displayed price, which includes the land lease fee, is calculated per square meter, and rounding methods may cause slight variations. All calculations for land lease fees, association fees, and escalation rates are based on Reiwa 7 fiscal year unit prices.
The area of Chatan is famous for its beautiful coastline and vibrant American Village, a popular shopping and entertainment district. A major nearby landmark is the iconic Sunset Beach, renowned for its stunning views and sunsets over the East China Sea. This land parcel presents a stable asset management opportunity in a prime location of Okinawa, perfect for those looking to build a dream home or undertake a development project.
