Land for Sale in Naha City, Okinawa: A Stable Investment Opportunity
This 165 square meter plot of land is located in the Ashimine district of Naha City, Okinawa. The property is designated as military land, specifically part of the Japan Ground Self-Defense Force's Naha Training Area, with no scheduled return to civilian use, offering a stable and secure long-term investment. The asking price is 41,000,000 yen.
Critical agent notes provide essential financial details. The annual land lease fee for the Reiwa 7 fiscal year is 732,075 yen. Public charges and land fees are subject to daily pro-rated settlement. The fixed asset tax for the same period is 96,109 yen. An annual landowner association fee of 4,392 yen applies. The cost of ownership transfer registration is to be shared equally between the seller and the buyer. The land is classified as 'miscellaneous land' with the potential for residential development. It is explicitly noted there is no scheduled return of the land from military use. The displayed price, which includes the land lease fee, is calculated per square meter; please be aware that the final amount may vary slightly due to rounding. The land lease fee, landowner association fee, and escalation rates are calculated based on the Reiwa 7 fiscal year facility unit price.
The Ashimine area in Naha offers a unique blend of urban convenience and proximity to significant landmarks. A fascinating historical fact about Okinawa is that the Ryukyu Kingdom maintained a thriving independent trade network across East and Southeast Asia for centuries before its annexation. The property is situated relatively close to the iconic Shuri Castle, a UNESCO World Heritage site and the former palace of the Ryukyu Kingdom, which was tragically damaged by fire in 2019 and is undergoing meticulous restoration, symbolizing the resilience of Okinawan culture.
