Land for Sale in Urasoe City, Okinawa: A Strategic Investment Opportunity
This listing presents a 330.69 square meter (approximately 100 tsubo) plot of land for sale in the Johana district of Urasoe City, Okinawa. The property is designated as residential land and is situated within the Makiminato Supply Area (Camp Kinser), indicating it is part of a U.S. military base area. This presents a unique investment profile with specific financial considerations detailed in the agent's notes.
Critical financial details from the agent's remarks include the following: The fixed asset tax for fiscal year Reiwa 6 is 89,700 yen. The annual land fee for fiscal year Reiwa 7 is 889,275 yen with a multiplier of 57 times. There is a settlement for military land fees. The land is scheduled for return and is categorized as residential. All ownership transfer costs are to be borne by the buyer. The brokerage commission is 1,731,840 yen (including tax).
The area of Urasoe City is a vibrant residential and commercial hub in central Okinawa, conveniently located between the prefectural capital, Naha, and the central city of Ginowan. An interesting historical fact about Urasoe is that it was once the seat of the Ryukyu Kingdom's government before the capital was moved to Shuri in Naha. The property offers proximity to major urban amenities while being part of a distinct land-use system. The closest major landmark is the UNESCO World Heritage site, Shuri Castle, located a short drive away in Naha, representing the pinnacle of Ryukyuan architecture and culture.
