Prime Residential Land for Sale in Uruma, Okinawa
This 191.82 square meter (approximately 58.02 tsubo) plot of residential land is now available for sale in the Tengan area of Uruma City, Okinawa. The property is situated in a non-designated urban planning zone and offers a building coverage ratio of 60% and a floor area ratio of 200%. A key point to note is that there is a setback requirement for this land.
Critical agent notes have been provided, offering significant financial and planning advantages. As the seller is the listing company, there will be no brokerage commission for the buyer. The agent also offers consultation on other various costs and support with housing loans. For reference, a building example on the adjacent (already sold) lot is provided: a 24-tsubo single-story concrete block (CB) structure was completed for 37,000,000 yen, inclusive of land, building, design, and exterior work. A loan example for that project is also given: a 37,000,000 yen loan over 50 years at a 1.2% interest rate would result in monthly payments of 82,036 yen.
The Tengan area in Uruma City provides a residential setting with convenient access to central Okinawa. An interesting historical fact about Uruma is that it was formed in 2005 from the merger of four towns, and its name was chosen to symbolize the connection ("ru") between people and the beautiful sea ("uma"). The closest major landmark is the Katsuren Peninsula, known for the UNESCO World Heritage site Katsuren Castle Ruins, which offers stunning panoramic views of the East China Sea and a glimpse into the Ryukyu Kingdom's history.
