Prime Land Parcel in Nago City, Okinawa
This substantial land parcel, located in the Daihoku 3-chome district of Nago City, Okinawa, presents a significant development opportunity. The property spans a generous 2,420 square meters (approximately 732.05 tsubo) and is offered at an adjusted price of 63,200,000 yen, reflecting a notable reduction from its previous listing of 73,200,000 yen. The land is designated as "wilderness" (原野) and falls within a Category I Medium-to-High-Rise Residential Zone, permitting a building coverage ratio of 60% and a floor area ratio of 200%. Access is from the north via a 5-meter-wide road.
Critical agent notes have been provided. The price remarks state: "There are additional costs for ownership transfer registration fees and real estate brokerage commissions." Further remarks clarify: "The price has been adjusted. 73,200,000 yen ⇒ 63,200,000 yen. This is a bulk sale※ Due to the shape being unsuitable for subdivision. It is approximately 650m to Daihoku Elementary School. For details, please contact the property manager. Please feel free to inquire." These notes are essential for potential buyers, highlighting both the adjusted, more attractive price point and the important conditions of sale, including additional fees and the unsuitability for land subdivision, which necessitates purchase as a single lot.
