Prime Investment Opportunity: 831㎡ Land Parcel Adjacent to Camp Hansen in Kin Town, Okinawa
This 831 square meter (approximately 251.37 tsubo) land parcel, located in the Kin area of Kin Town, Okinawa, presents a compelling investment opportunity. The property is designated as "zasshuchi" (miscellaneous land) with potential for residential development and is situated within the U.S. military's Camp Hansen area. A key feature is its status as military-leased land, with an annual lease fee of 618,613 yen, offering a potential yield multiplier of approximately 40 times. The agent highlights this as a recommended price point for first-time investors in military-leased properties.
The agent's special notes provide insight into their philosophy: "For most people, this is a once-in-a-lifetime major purchase. Precisely because it is such a responsible purchase, it can make customers either 'happy' or 'unhappy'... If you're going to buy anyway, we want you to be 'happy.' Therefore, with a mindset of entrusting ourselves with our customers' lives, we introduce properties that are 100% suited to them! Are all salespeople the same? No, if you come to our company, that perception will be overturned. We look forward to hearing from anyone searching for their dream home."
The land offers significant development potential with a high floor area ratio (FAR) of 400% and a building coverage ratio of 70%. It is located outside of urban planning areas, and the transaction will be handled as an exclusive dedicated intermediary. There is no private road burden associated with the property.
The Kin Town area in northern Okinawa is known for its lush, green landscapes and proximity to both military facilities and natural attractions. An interesting local fact is that Kin is home to the Kin Blue Cave, a popular snorkeling and diving spot known for its stunning iridescent blue light. The closest major tourist attraction is the famous Manzamo scenic cliff formation in nearby Onna Village, offering breathtaking views of the East China Sea and unique elephant trunk-shaped rock formations.