Prime Development Land in Nishihara Town, Okinawa
This 853 square meter (258 tsubo) vacant plot of land presents an excellent opportunity for residential or apartment development in the growing area of Nishihara Town, Okinawa. The property is strategically located near the popular San-A Nishihara City shopping complex, offering convenience and potential for a desirable residential project.
Critical agent notes have been fully translated: The price is 90,000,000 JPY. The land area is 853 sqm / 258 tsubo. The fixed asset tax (land) is 354 JPY (Reiwa 7). The land category is "hatake" (cultivated field). The current condition is vacant land. The zoning is Category 1 Low-Rise Exclusive Residential District. The building coverage ratio is 50% and the floor area ratio is 100%. The road frontage is 4 meters (northeast) and the road width is 5 meters (northeast) (Item 1, No. 1). Equipment includes public water and sewer systems. There are no legal building conditions attached to the sale. The school districts are Nishihara Elementary School (approx. 12 min walk) and Nishihara Higashi Junior High School (approx. 24 min walk). Ownership transfer costs are the buyer's responsibility. Handover will be in the current condition. The brokerage commission is 3,036,000 JPY (tax included). The handling real estate company is Oroku Shokai Co., Ltd. The agent encourages interested parties to make an inquiry.
The area of Nishihara offers a blend of suburban living with easy access to urban amenities. An interesting local fact is that Nishihara Town is home to the University of the Ryukyus, one of Okinawa's most prominent academic institutions, contributing to a vibrant and educated community. For recreation and tourism, the property is within a reasonable distance from the iconic Okinawa World (Gyokusendo Cave and cultural park), a major attraction showcasing Okinawan history, culture, and natural cave formations.
