Prime Military Land Investment Opportunity in Uruma, Okinawa
This listing presents a valuable 227㎡ (approximately 68.66 tsubo) plot of military land located in the Amagan district of Uruma City, Okinawa. The property is offered at a price of 12.3 million yen and represents a sought-after investment for asset formation and inheritance tax planning. A key feature is its location within the Camp Courtney area, which is currently experiencing high demand with a reported application multiplier of 43 times. The annual land lease fee is set at 286,224 yen for the current fiscal year, with a modest increase rate of 1.4%. Critically, there are currently no scheduled plans for the land to be returned, offering a degree of stability for investors.
Essential agent notes have been translated and must be highlighted: The property remarks specify that "there will be a prorated settlement of this year's land rent" and that "delivery will take place after subdivision registration." This indicates that the land is currently part of a larger parcel and will be formally subdivided and registered before transfer to the new leaseholder. This pre-subdivision status also allows for consultation regarding potential adjustments (increase or decrease) to the final plot area.
The area of Uruma City, formed from the merger of several towns, is rich in history and natural beauty. An interesting fact is that Uruma is home to the Katsuren Peninsula, which features the UNESCO World Heritage-listed Katsuren Castle Ruins, a testament to the Ryukyu Kingdom's trade history. For investors or those connected to the military community, this location offers convenient access to the facilities and amenities of Camp Courtney while being situated in a culturally significant part of Okinawa.
