Land for Sale Adjacent to Kadena Air Base in Chatan, Okinawa
This listing presents a substantial plot of land totaling 661.00 square meters (approximately 199.95 tsubo) located in the Shimozei district of Chatan Town, Okinawa. The property is classified as "miscellaneous land" (雑種地) with the specific category of "anticipated residential land" (宅地見込地), indicating its potential for development. A critical feature of this land is its designation as U.S. military-leased land (軍用地) associated with Kadena Air Base (嘉手納飛行場), identified under management number E25-69-A.
The sale price is set at 57,000,000 yen. The land comes with an existing lease, generating an annual ground rent (借地料) of 1,140,492 yen, which represents a yield multiplier of approximately 50.0 times the price. The seller holds sole title (単独名義) to the property. Important financial details include the fixed asset tax for Reiwa 7 (2025) at 124,373 yen and an annual landowner association fee of 5,702 yen, which is subject to an annual increase rate of 1.03%. The buyer will be responsible for the ownership transfer registration costs (所有権移転登記費用). There is no scheduled return (返還予定) of the land indicated. Prorated adjustments for land rent and public taxes (地料および公租公課の日割精算) will apply at the time of transaction. The brokerage commission for this exclusive agency (専任媒介) is calculated as (Price x 3% + 60,000 yen) including tax, and the handling real estate company is Oroku Shokai.
The area of Chatan is renowned for its vibrant American Village, a popular shopping and entertainment complex with a distinctive Ferris wheel, reflecting the cultural blend of Okinawa. The town boasts beautiful coastlines like Araha Beach, offering stunning sunset views over the East China Sea. A major nearby landmark is the UNESCO World Heritage site, Nakagusuku Castle Ruins, a well-preserved gusuku (Ryukyu castle) offering panoramic views and a deep connection to Ryukyuan history.
