Land for Sale in Uruma City, Okinawa: A Low-Risk Long-Term Asset
This 352 square meter plot of land, located in the Tengan area of Uruma City, Okinawa, presents a compelling investment opportunity. Priced at 19,970,000 JPY, the property is situated near Camp Courtney, a significant U.S. military installation, and is marketed as a low-risk, long-return asset with no planned return or reversion clauses. The land is currently classified as forest land but is noted as having potential for residential development.
Critical agent notes provide essential financial details for prospective buyers. The property is designated as a residential development prospect land, with a noted land value increase rate of 1.40% for the Reiwa 7 year. The lease fee for the land will be prorated and settled daily. The fixed asset tax is also to be prorated and settled, amounting to 41,560 yen. Furthermore, the brokerage commission for this transaction is specified as 725,010 yen.