Prime Land Investment Opportunity in Yomitan Village, Okinawa
This property presents a substantial land investment opportunity in the sought-after area of Yomitan Village, Okinawa. The plot spans 825.63 square meters (approximately 249.75 tsubo) and is located in the Kina district. It is designated as residential land (宅地). A key feature of this property is its status as part of the Kadena Ammunition Depot area, with no scheduled return to the original landowners, offering stability for long-term asset management.
Critical financial details from the agent's notes are as follows: The property is subject to fixed asset tax, landowner association fees, and daily pro-rated land fee adjustments. For the fiscal year Reiwa 7 (2025), the annual land lease fee is 1,147,988 yen, the fixed asset tax is 115,819 yen, and the annual increase rate is approximately 0.47%. The landowner association fee for the same period is about 5,740 yen per year (0.5%). The listed price includes the land lease fee. The land details document confirms the land category and type as residential. There is no scheduled return of the land. Ownership transfer costs are to be borne by the buyer. The agent can also provide an estimate of initial costs upon request. Please note that the displayed price, which includes the land lease fee, is calculated per square meter, and variations may occur due to rounding methods. The land lease fee, landowner association fee, and increase rate are calculated based on the Reiwa 7 fiscal year facility unit price.
The area of Yomitan Village is rich in history and natural beauty, known for its stunning coastline and cultural sites like the Zakimi Castle ruins, a UNESCO World Heritage site. The village offers a blend of traditional Okinawan culture and modern conveniences, making it a desirable location for investment and living. The property is positioned for stable asset appreciation, with the land lease fee structured to increase annually.