Land for Sale in Chatan, Okinawa with Unique Leasehold Structure
This property listing presents a 25.6 square meter plot of land located in the Mae area of Chatan Town, Okinawa Prefecture. The land is designated as "原野" (wilderness) and is situated in close proximity to National Route 58, offering excellent accessibility. The asking price is set at 1,916,000 JPY.
Critical details from the agent's notes are essential to understanding this property. The land is subject to a long-term ground lease with an annual rent of 45,642 yen (for the 2025 fiscal year, Reiwa 7). There are no plans for the return of this leased land. The seller holds a 1/20th (0.05) share of the property. The land area for the prospective residential site share is 25.60㎡. No settlement will be made regarding the land lease fees. Fixed asset taxes and similar charges will be borne by the seller, with the tax amount being 5,612 yen (for the 2025 fiscal year).
The area of Chatan is famous for its beautiful beaches like Sunset Beach and American Village, a popular shopping and entertainment complex. An interesting fact about Chatan is that it hosts one of the largest concentrations of U.S. military facilities in Okinawa, which has significantly influenced the local culture and economy. The closest major landmark is the iconic Camp Foster, a large U.S. Marine Corps installation, which is a defining feature of the region's landscape.
