Land for Sale in Chatan, Okinawa with Shared Ownership and Annual Lease Fee
This property is a 13.05 square meter plot of land located in the Mae area of Chatan Town, Okinawa Prefecture. The land is offered for sale at a price of 977,000 yen. It is important to note that this is a share of land with a co-ownership fraction of 1/20th (0.05). The land is classified as "wilderness" and is part of a larger parcel designated as "land expected to become residential."
Critical agent notes provide essential details for potential buyers. The property carries an annual lease fee of 23,267 yen (for the fiscal year Reiwa 7/2025). The seller will not settle any outstanding land lease payments. The seller will also bear the fixed asset tax, which amounts to 2,861 yen (for Reiwa 7/2025). The location is highly convenient, situated very close to National Route 58, a major arterial road on Okinawa's main island.
The area of Chatan, particularly the Mihama district, is famous for its vibrant American Village, a large shopping and entertainment complex with a distinctive Ferris wheel. This region offers a unique blend of local Okinawan culture and modern amenities, attracting both residents and tourists. A major landmark nearby is the beautiful Sunset Beach, renowned for its stunning views and popular for swimming and water sports.
