Rare Military Land Investment Opportunity in Okinawa's Kunigami Village
This listing presents a unique and seldom-available investment opportunity: a plot of military land in Okinawa. The property, identified as "Okuma Rest Center" with management number E26-03-A, is offered for sale at a price of 32,770,000 yen. A key feature of this land is its high leverage ratio of approximately 51 times, indicating significant potential value relative to the annual lease cost. The annual land lease fee is 642,572 yen, with an additional landowner association fee of 6,426 yen per year (1% of the lease fee).
The land spans a generous 1,314 square meters (397.48 tsubo) and is classified as wilderness (原野) with the type being prospective residential land. Critically, there is no scheduled return of the land to the owner, offering long-term stability for the investment. The land lease fee is subject to pro-rated settlement. Notably, the fixed asset tax is 0 yen (as there was no tax levied for Reiwa 7 fiscal year, with an assessed value of 37,164 yen falling below the tax exemption threshold). The costs for ownership transfer registration are to be borne by the buyer. The title is under a single name. The brokerage commission is calculated as (Price × 3% + 60,000 yen) + consumption tax. The handling real estate company is Orokushokai. Please note that the displayed price and land lease fee are calculated per square meter, and the amount may vary slightly depending on the method of handling decimals.
