Land for Sale in Naha City, Okinawa with Existing Structure
This 247 square meter (approximately 75 tsubo) plot of land is located in Yamashita-cho, Naha City, Okinawa Prefecture. The property is listed for sale at 60,750,000 JPY and features an existing structure that is currently entirely vacant, with only the parking lot area under a rental contract. The land is designated as residential land within an urbanization promotion area, zoned as a Category I Mid-to-High-Rise Residential District, with a building coverage ratio of 60% and a floor area ratio of 200%.
According to the agent's notes, the transaction involves specific conditions. The property will be handed over in its current state. The demolition cost for the existing structure is to be borne by the buyer, though this is subject to consultation. At the time of contract, an earnest money deposit and stamp duty will be required. Bank guarantee fees and handling charges vary depending on the bank and the property, so interested parties are advised to inquire with the agent for details. The property is equipped with propane gas, tap water, and sewer systems.
The location offers convenient access to daily amenities. Within a 13 to 23-minute walk, residents can reach several supermarkets and convenience stores, including FamilyMart Onoyama Store (approx. 950m), SAN-A V21 Food Hall Kyohara Store (approx. 1500m), and Town Plaza Kanehide Tsubogawa Store (approx. 1700m). The property is also within the school districts for Kakihana Elementary School (approx. 400m, 5-minute walk) and Kagamihara Junior High School (approx. 1500m, 21-minute walk). For transportation, Onoyama Park Station on the Okinawa Urban Monorail (Yui Rail) is about a 13-minute walk away, and the Gunzambashi-mae bus stop is approximately a 1-minute walk.
The area is rich in history and culture, situated in the heart of Okinawa's capital. A notable nearby landmark is the Shuri Castle area, a UNESCO World Heritage Site and the former royal palace of the Ryukyu Kingdom, offering a profound glimpse into the region's unique heritage. The property presents an opportunity in a central Naha location with established infrastructure and development potential.