Newly Built 4LDK Detached House in Itoman City, Okinawa
This property is a newly built, two-story wooden detached house located in Minamihanahira, Itoman City, Okinawa Prefecture. The house offers a spacious 4LDK layout with a total floor area of approximately 93.15 square meters (about 28.2 tsubo) on a land area of approximately 131.78 square meters (about 39.9 tsubo). The property features a corner lot with road access on the east side, a main southern exposure for natural light, and a balcony area of approximately 5 square meters.
The interior is equipped with a system kitchen with a counter and water purifier, a bathroom dryer, a washstand with shampoo function, a warm water washing toilet, two toilets, a walk-in closet, underfloor storage, and a monitor-equipped intercom. The property uses propane gas and has its own water supply and septic system. Parking is available for up to four cars, though buyers are advised to check vehicle dimensions on site.
As a new construction scheduled for completion in April 2026, the property is ready for immediate occupancy. The building is made of wood, and the land is registered as residential land with a building coverage ratio of 70% and a floor area ratio of 200%. The property is located in an area designated as an urbanization control area under city planning.
The listing agent provides a detailed mortgage simulation example: borrowing the full property amount from a regional bank over 50 years with zero down payment and zero bonus payment, at a fixed interest rate of 0.65% for the first five years and 1.375% from the sixth year onward. This results in an estimated monthly payment of approximately 54,282 yen. Note that actual terms vary based on the buyer's age, income, and each financial institution's screening criteria.
Estimated closing costs include: property tax (pro-rated for one year, under 100,000 yen), building registration (under 100,000 yen), title registration (around 400,000 yen), fire insurance for a five-year contract (around 250,000 yen), bank fees (up to 2.42% of the loan amount), and brokerage fees (3% of the sale price plus 60,000 yen). Optional work (furniture, appliances) and consolidation of up to 5,000,000 yen in existing debt may also be possible. The agent has no designated bank and can propose mortgage plans tailored to the buyer's situation.
