Land for Sale in Okinawa City: A Strategic Investment Opportunity
This 289 square meter (approximately 87.42 tsubo) plot of land is available for purchase in the Awase area of Okinawa City, Okinawa Prefecture. The land is classified as "zasshuchi" (miscellaneous land) and is offered at a price of 20,965,000 JPY. A critical feature of this property is its status as a military-use lot, which presents a unique investment profile.
As detailed in the agent's special notes, the annual leasehold fee for this land is 436,783 yen. The multiplier (or yield rate) is approximately 48 times. Furthermore, the fixed asset tax amount for the fiscal year Reiwa 7 (2025) is 47,095 yen. This information is crucial for evaluating the ongoing costs and potential returns associated with this military-leased land, making it a potential consideration for inheritance tax planning strategies as suggested in the listing.
The Awase district of Okinawa City offers a blend of residential and commercial activity. An interesting local fact is its proximity to the Awase Tidal Flat, an important Ramsar Convention wetland site recognized for its rich biodiversity. The area provides convenient access to central Okinawa City and is within a reasonable distance from major attractions like the Okinawa Comprehensive Athletic Park and the bustling entertainment and resort areas of the central Okinawa coast.
