Spacious Land Plot in Ishigaki's Aka District with Development Potential
This substantial 2,194.09 square meter (approximately 663.71 tsubo) plot of land is located in the Aka district of Ishigaki City, Okinawa Prefecture, at an elevation of 70 meters. The property offers expansive views and presents a versatile opportunity for potential development, suitable for commercial projects such as hotels or childcare facilities, or for constructing a large private villa. The asking price is 59,000,000 JPY.
Critical agent notes regarding construction and road access must be carefully considered. The lot designated as 1788-93 does not meet the legal requirements for road frontage under the Building Standards Act, meaning new construction is not permitted on that specific parcel. Furthermore, the other sections of the land are also not adjacent to a road as defined by the Building Standards Act, so, in principle, building construction is not allowed. However, it has been ascertained that if permission is obtained under the proviso of Article 43, Paragraph 1 of the Building Standards Act, with the agreement of the Building Review Board, construction may be possible (under the comprehensive consent standard, item 6, clause 1). Additionally, regarding the private road portion (share of ownership), discussions are ongoing with neighboring residents to transfer ownership to the local residents' association and subsequently to Ishigaki City. If it is ultimately determined that transfer to the association is not possible, the share of the private road will also be included in the sale of the above land. The brokerage commission for this transaction is noted as 3% + 60,000 JPY + consumption tax.
The Aka district is a scenic area of Ishigaki Island, known for its elevated positions offering panoramic views of the surrounding landscape and ocean. Ishigaki Island is a gateway to the natural wonders of the Yaeyama Islands, famed for its coral reefs and rich marine life. A major landmark and premier tourist attraction nearby is Kabira Bay, renowned for its stunningly clear emerald-green waters, white sand, and distinctive black pearl cultivation. The area is ideal for those seeking a connection to Okinawa's beautiful natural environment with potential for a significant project, subject to the necessary legal approvals.