Prime Residential Development Land in Nago, Okinawa
This 301 square meter plot of land, located in the quiet Yabu district of Nago City, Okinawa, presents an excellent opportunity for residential development. Situated on elevated ground, the property offers a peaceful environment ideal for building a home. The land is officially registered as farmland (畑), which is a critical detail for potential buyers. According to the agent's special notes, because the land classification is farmland, an application under Article 5 of the Agricultural Land Act (農地法5条申請) is required for its conversion and use. This is an essential legal step that must be completed.
The property boasts a favorable building coverage ratio of 60% and a floor area ratio of 200%, providing generous scope for construction. It has road frontage to the southeast (5 meters wide) and to the west (8 meters wide), with no private road maintenance burdens. The transaction is handled as an exclusive dedicated agency, and the land rights are full ownership.