Land for Sale in Yomitan Village, Okinawa
This 575 m² plot of land is located in the Soe district of Yomitan Village, Okinawa Prefecture, and is offered for sale at a price of 27.09 million yen. The land is currently classified as farmland, but the seller will handle the land category change prior to handover, with the buyer responsible for the ownership transfer registration costs. A key feature of this property is its potential for land subdivision, with the agent noting that subdivision consultations are possible.
Critical agent notes provide essential financial details. The annual lease fee per plot is 576,523 yen (for the 2025 fiscal year). The property offers a high yield with a capitalization rate of 47 times and an appreciation rate of 2.48% (2025 fiscal year). The lease is structured with no scheduled return of the land, and the title is under a single name. The land is categorized as prospective residential land and is situated inside a fence near Torii Gate 1. Additional costs to be settled on a pro-rata basis include the annual lease fee, landowner association fees, and fixed asset taxes. The listing agent, Kindai Kaihatsu Co., Ltd., is promoting a 50% discount on their intermediary commission fee, making this a budget-friendly opportunity.
The area of Yomitan Village is rich in history and culture, known for its beautiful coastlines and the historic Zakimi Castle, a UNESCO World Heritage site. The village is also famous for its pottery, with numerous workshops continuing a centuries-old tradition. This plot presents a strategic opportunity for investment or development in a growing region of Okinawa.
