Prime Development Land in Yaese Town, Okinawa
This substantial 1,481 square meter plot of land, priced at 124 million yen, presents a significant development opportunity in the growing Yaese Town area of Okinawa. The property is situated along Prefectural Road 82 (the old road), offering excellent visibility and accessibility. The land is designated as farmland but falls within an Urbanization Control Area, with specific buyer residency requirements and potential for use relaxation for self-residential purposes.
Agent notes highlight the property's strategic location amidst a variety of local amenities and commercial establishments. The area is serviced by clinics, social welfare facilities (day-care type), nurseries, retail stores (including supermarkets, convenience stores, and bakeries/confectioneries), and restaurants. This existing commercial and community infrastructure suggests a well-serviced location with established foot traffic. The seller is open to consultation regarding other potential uses for the site, subject to the buyer meeting the residency conditions.
The land itself is a generous 448 tsubo (approx. 1,481 sqm) with a frontage on a 14-meter wide road to the southeast. It has a building coverage ratio of 60% and a floor area ratio of 200%. Utilities include public water supply. The nearest bus stop, "Hokama," is approximately a 10-minute walk away.
Yaese Town, located in the southern part of Okinawa Island, offers a blend of suburban living with rich historical and natural attractions nearby. The area is known for its connection to Ryukyuan history and culture. A major landmark close by is the iconic Shuri Castle (Shurijo), a UNESCO World Heritage site and former palace of the Ryukyu Kingdom, located a short drive north in Naha. This prime land parcel represents a chance to build or develop in a dynamic part of Okinawa with strong local services and proximity to world-famous cultural heritage.