Investment Opportunity in Chatan Town: A Stable Military Land Parcel
This property is a 190 m² (approximately 57.47 tsubo) parcel of military land located in the Sunabe area of Chatan Town, Okinawa Prefecture. The land is designated as "miscellaneous land" (雑種地) and is offered for sale at a price of 16,390,000 JPY. A key feature highlighted by the agent is that this land is subject to a U.S. military lease with no scheduled return date, which provides a foundation for long-term, stable asset management. The annual lease fee for the 2025 fiscal year is 327,827 JPY, and the agent notes that this lease fee is currently on an upward trend, making this a strong investment for the future.
This type of military land investment is presented as particularly low-risk and stable compared to other real estate investments. Its value is less susceptible to economic fluctuations and market conditions, making it a recommended option even for first-time investors. The property listing includes a downloadable PDF summary and detailed maps for further review.
The Sunabe area of Chatan is a popular coastal district known for its seawall and vibrant expat community. It offers a mix of local restaurants, cafes, and easy access to the ocean. An interesting fact about the area is that the Sunabe Seawall is not only a popular walking and fishing spot but also a famous location for viewing stunning sunsets over the East China Sea. The closest major tourist attraction is the iconic American Village (Depot Island) in Chatan, a bustling entertainment and shopping complex with a large Ferris wheel, movie theater, and a wide variety of shops and restaurants that celebrate the American-influenced culture of the region.