Prime Development Land in Motobu with Easy Access to Churaumi Aquarium
This large plot of land, spanning 1,758.29 square meters (approximately 531.88 tsubo), presents a significant development opportunity in the desirable area of Ishikawa, Motobu Town, Okinawa. The property is being sold as-is, with the transaction classified as a "現状有姿売買" (genjō yūshi baibai). The fixed asset tax calculation date is set for April 1st. Importantly, an application under Article 5 of the Agricultural Land Law is required for this transaction, indicating the land is currently classified as farmland.
The land itself is a vacant, flat corner lot with excellent access to public water supply. It is suitable for subdivision, making it an ideal candidate for apartment complexes, accommodation facilities, or other development projects. The property boasts road frontage on multiple sides (north, northeast, east, southeast, south, southwest, west, and northwest), enhancing its accessibility and potential. The building-to-land ratio is 60% with a floor area ratio of 200%.
Located in Motobu Town, this property is situated in a region famous for the Okinawa Churaumi Aquarium, one of Japan's largest and most spectacular aquariums, which is approximately a 5-minute drive away. The Motobu Peninsula is a major tourist destination in Okinawa, known for its beautiful coastline, rich marine life, and cultural sites like the ruins of Nakijin Castle, a UNESCO World Heritage site. The area offers a unique blend of natural beauty and tourist infrastructure.
The listing is handled by Teeda Kankan Real Estate Co., Ltd., which operates a network of five offices across Okinawa Prefecture: in Nago City, Uruma City, Koza (Okinawa City), Ginowan City, and Itoman City. The company is currently running television commercials.
