Investment Opportunity: Military Land Parcel in Yomitan Village, Okinawa
This listing presents a unique investment opportunity: a 323 m² parcel of military land located in the Ōwan district of Yomitan Village, Okinawa. The land is part of the Kadena Ammunition Depot area and is situated near Ōwan City, offering potential for investors familiar with this specialized market segment.
Critical agent notes provide essential financial details. This is a military land sale property. The annual lease fee for the land is ¥381,579. The land has a multiplier of 51 times the annual lease fee. Both the annual lease fee and the fixed asset tax will be prorated and settled at the time of transaction completion. There is no scheduled return of the land. Notably, there will be no brokerage commission charged on this transaction, which can represent significant savings for the buyer.
The property is listed for sale at ¥19,460,000. The annual fixed asset tax is stated as ¥37,170. Additional buyer costs include ownership transfer registration fees (currently being confirmed) and a ¥10,000 stamp duty for the contract. The land is classified as "miscellaneous land" and is not within an urban planning area, with immediate handover available upon purchase.
The Ōwan area of Yomitan Village is on Okinawa's central west coast, known for its mix of residential communities and proximity to significant facilities. An interesting historical fact about Yomitan is that it was the site of the first successful Allied landing of the Battle of Okinawa in 1945. The village is also renowned for its rich pottery tradition, particularly Tsuboya-yaki ware. The closest major tourist attraction is the iconic Zakimi Castle, a UNESCO World Heritage site with stunning panoramic views of the East China Sea, located just a short drive from the property.
