Rare Military Land Investment Opportunity in Okinawa's Kunigami Village
This listing presents a unique investment opportunity for a plot of military land in Okinawa, a type of property that rarely becomes available on the market. The land, designated as "military land" and part of the Okuma Rest Center (Facility Name: Okuma Rest Center, Management Number: E26-13), is offered for sale at a price of 14.04 million yen. The land area is 563 square meters (approximately 170.30 tsubo), classified as miscellaneous land with potential for residential development.
Critical financial details from the agent notes include an annual land lease fee of 275,318 yen, calculated with a multiplier of approximately 51 times. The lease fee has an annual escalation rate of about 1.1%. The land lease fee is subject to pro-rata settlement. Notably, the fixed asset tax for the Reiwa 7 fiscal year is 0 yen, with an assessed value (taxable base) of 23,701 yen falling below the tax exemption threshold. An annual landowner association fee of 2,754 yen (1%) applies. The costs for ownership transfer registration are to be borne by the buyer. Crucially, there is no scheduled return of this land to the government. The title is under a single name, and the transaction is handled via agency. The brokerage commission is calculated as (Price x 3% + 60,000 yen) + consumption tax. The handling real estate company is Oroku Shokai Co., Ltd. Please note that the displayed price and land lease fee are calculated per square meter, and rounding methods may cause slight variations in the final amount.
