Spacious Land Plot in Ishigaki City with Development Potential

This substantial land plot of 478.53 square meters (approximately 144.75 tsubo) is available for purchase in the peaceful Heidoku area of Ishigaki City, Okinawa. Priced at 39.8 million yen, the property offers a prime opportunity for residential or investment development, situated within a short walk from local bus services.

According to the agent's notes, the current condition of the land includes an existing old house. The agent encourages interested parties to freely inquire about arranging a viewing at their preferred date and time. A critical remark clarifies that the property currently has a structure on it; however, delivery will be as vacant land following its demolition. Subdivision of the plot is also a possibility for discussion with the agent. The land is notably recommended as a potential site for an apartment building, a suggestion bolstered by its location just a 2-minute walk from Heidoku Elementary School.

The property is designated for use in a Category I Low-Rise Exclusive Residential Zone, with a building-to-land ratio of 50% and a floor area ratio of 100%. There are no specific building conditions attached to the sale, and the transaction is an exclusive intermediary arrangement. The land rights are freehold (ownership).

The Heidoku area offers a quiet residential setting while remaining accessible. Ishigaki Island is renowned for its stunning natural beauty and is the gateway to the Yaeyama Islands. A major landmark and popular tourist attraction nearby is the iconic Kabira Bay, famous for its crystal-clear emerald waters, black pearl cultivation, and scenic glass-bottom boat tours, located approximately a 20-minute drive from the property.