Land Investment Opportunity in Uruma City with Long-Term Lease Income Potential
This property is a 592 square meter plot of land located in the Konbu area of Uruma City, Okinawa. The land is currently classified as forest land and is noted as a military property. A key feature of this listing is the potential for long-term lease income, as the price is set at 45 times the annual lease fee of 661,743 yen.
According to the agent's notes, the property is a prospective residential lot. The land rights are ownership, and there is no private road burden. The transaction is handled as an intermediary sale. The specific equipment, conditions, and remarks sections state: 'Situation: Military Land Property' and 'Remarks: None'. The handover date is negotiable.
The area of Uruma City, formed from the merger of several towns, is known for its beautiful coastline and the iconic Kaichu Doro, a causeway road that connects several islands and offers stunning ocean views. A major landmark near this location is the Katsuren Castle Ruins, a UNESCO World Heritage site that offers a glimpse into the Ryukyu Kingdom's history and panoramic views of the surrounding area.