Prime Development Land in Nishihara Town, Okinawa
This 176 square meter plot of land is situated in the sought-after Nishihara West District Land Readjustment Project area in Nishihara Town, Okinawa. The property benefits from a favorable north-facing frontage along a 12-meter wide road, providing excellent access and development potential. The land is designated as farmland within the First Category Medium-to-High-Rise Residential Zone, with a building coverage ratio of 60% and a floor area ratio of 200%. Utilities including water and sewerage are available.
Critical agent notes provide essential details for prospective buyers. The property has an approximate 2.5-meter height difference with the neighboring land to the north. It is important to note that the official commencement of public infrastructure use for the area has not yet started. Furthermore, the final transaction will involve a measured settlement, meaning the price will be adjusted based on the official measured land area.
The location offers convenient access, with the Tanabaru Entrance bus stop approximately a six-minute walk away. The area is part of a planned urban development project, ensuring organized growth and infrastructure. Nishihara Town is centrally located on Okinawa's main island, offering a blend of residential calm and accessibility to urban centers like Naha.
An interesting fact about the area is its proximity to significant historical sites from the Ryukyu Kingdom era. The closest major landmark is the iconic Shuri Castle, a UNESCO World Heritage site and the former palace of the Ryukyu Kingdom, located a short drive away. This prime plot represents a valuable opportunity for residential or investment development in a growing part of Okinawa.
