Land for Sale in Uruma City, Okinawa: A Military-Use Property with Stable Returns
This listing presents a 510 m² plot of land located in the Ishikawa Sonan district of Uruma City, Okinawa. The property is designated as military-use land for the "Japan Ground Self-Defense Force (JGSDF) Okinawa Training Field." It is offered for sale at a price of 6,560,000 JPY. A key feature of this investment is the existing land lease, which generates a monthly income of 139,500 JPY, resulting in an annual yield of approximately 2.13%. The land is classified as forest land (山林) with an expected agricultural use designation (農地見込地).
Critical details from the agent's notes have been fully translated: The price is 6,560,000 yen with a multiplier of about 47x. The land lease fee is 139,500 yen, yielding 2.13%. The land category is forest, expected to be agricultural land. It is under single ownership. Public charges and land fees are subject to daily pro-rata settlement. The fixed asset tax for fiscal year Reiwa 6 (2024) is 13,815 yen. Landowner association fees are optional. Registration costs for ownership transfer are borne by the buyer. There are no scheduled return plans. The handling real estate company is Oroku Shokai. The displayed price (including land lease fee) is calculated per square meter; please note that the amount may vary slightly due to rounding.
