Rare Large Rental Land in Miyakojima
This is a rare opportunity to lease a spacious plot of land exceeding 520 square meters (approximately 157.29 tsubo) in the Matsubara district of Hirara, Miyakojima City. The monthly rent is set at 80,000 yen. The property is offered under a fixed-term land lease contract (定期借地契約) with a two-year initial term. Key financial terms include a security deposit (敷金) and key money (礼金) each equivalent to one month's rent. There is no monthly common area fee (共益費). The brokerage commission is 88,000 yen, and a renewal fee (更新料) of 44,000 yen applies. A mandatory lease guarantee fee is required for the first contract, amounting to 48,000 yen (60% of one month's rent), through the designated company, Lequios Co., Ltd. (株式会社レキオス).
A critical special note (特記事項) is that the land is officially registered as farmland (地目畑). Therefore, an Article 4 application (4条申請) under the Agricultural Land Act is necessary for its use, which is a crucial procedural step for the lessee to undertake.
