Prime Land for Development in the Popular Kabira Bay Area of Ishigaki
This prime land parcel in Ishigaki City's sought-after Kabira district offers a significant development opportunity within walking distance of one of Okinawa's most famous tourist destinations. The property is a sizable plot of approximately 997.81 square meters (about 301.83 tsubo) of flat residential land, sold with no construction conditions attached. This provides maximum flexibility for the buyer's vision, whether for a private residence, accommodation facility, restaurant, apartment building, or other commercial venture.
Critical agent notes have been translated and provide essential regulatory details for the site. The property falls under the Ishigaki City Scenery Plan (Rural Scenery Area / Settlement District) and the Kabira Area Landscape District (Kabira II District). Specific regulations include a height restriction of 10 meters and setback distances: 3 meters from the road side and 1.5 meters from other sides. Other regulations also apply, and interested parties are advised to inquire for full details. The location is highly convenient, with Kabira Park Observatory a 6-minute walk away and Kabira Elementary and Junior High School just a 3-minute walk from the site.
The area surrounding this land is defined by the stunning Kabira Bay, a mere short walk away. Kabira Bay is renowned for its crystal-clear emerald waters, black pearl cultivation, and iconic glass-bottom boat tours. It is consistently ranked among Japan's most beautiful coastal spots and is a major draw for domestic and international tourists year-round. This constant flow of visitors makes the area ideal for tourism-related businesses. The property is also just a 3-minute walk from the Kabira Post Office bus stop, providing public transport access.
Priced at 40,635,000 JPY, this land represents a strategic investment in a high-demand location. With its generous size, lack of building conditions, and proximity to a world-class attraction, it is a rare find for developers or investors looking to capitalize on Ishigaki's vibrant tourism market. The sale terms are exclusive and dedicated, and the handover date is negotiable.