Land for Sale in Kin, Okinawa with Unique Leasehold Considerations
This 969 square meter plot of land, classified as miscellaneous land, is available for purchase in the Kin district of Kin Town, Okinawa Prefecture. The asking price is set at 35.4 million yen. A critical feature of this property is its location adjacent to Camp Hansen, a U.S. military installation. The listing includes special notes that must be carefully considered: ★Camp Hansen (Military Land) ★Annual Leasehold Fee (¥707,814/year). This indicates the land may be subject to an annual ground rent payment of 707,814 yen, a significant ongoing financial consideration for any potential buyer.
The land itself offers a substantial canvas for development, subject to local zoning and regulations. The immediate area of Kin Town provides a mix of residential and natural settings, characteristic of northern Okinawa. The region is known for its lush greenery and proximity to the island's scenic east coast.