Land for Sale in Chatan Town with Shared Ownership of Military Land
This property is a land plot of 11.8 square meters located in the Omura district of Chatan Town, Okinawa Prefecture. It is offered for sale at a price of 883,000 yen. The land is designated as forest land and is part of a larger 1,239 square meter area, of which 236 square meters is classified as U.S. military land (Camp Zukeran) and 1,003 square meters is non-military land. The sale pertains specifically to a 1/20th (0.05) shared ownership fraction of the military land portion, equating to a share of 11.80 square meters.
Critical agent notes provide essential details: The annual land lease fee for the military portion is 21,038 yen (Reiwa 7 fiscal year, i.e., 2025), with no scheduled return/refund of this fee. The seller will not settle or adjust the land lease payments; the buyer assumes this ongoing annual cost. However, the seller will bear the burden of fixed asset taxes. The fixed asset tax amount is 6,649 yen (Reiwa 7 fiscal year). The property is considered prospective residential land. The price is noted as being 42 times the annual lease fee.
The location is highly convenient, situated very close to National Route 58, a major arterial road running through central Okinawa. This provides excellent access to various parts of the island. The area of Chatan, particularly the Mihama district, is famous for its American Village, a vibrant entertainment and shopping complex with a Ferris wheel, offering a unique cultural blend. A major nearby landmark is the scenic Sunset Beach, renowned for its beautiful views and popular with both locals and tourists.