Investment Opportunity: Land Parcel Adjacent to Kadena Air Base in Okinawa City
This listing presents a 647 square meter land parcel located in the Morine district of Okinawa City, Okinawa Prefecture. The land is designated as "miscellaneous land" with the classification "expected residential land," indicating its potential for development. A key feature of this property is its status as military-use land (軍用地), situated near the significant Kadena Air Base. The listing emphasizes there is no scheduled return (返還予定: 無), offering a degree of long-term stability for investors.
The agent's special notes provide critical financial details. The listed price of 55.8 million yen includes the land lease fee. Additional annual costs for the Reiwa 7 fiscal year include a land lease fee of 1,116,336 yen, a fixed asset tax of 105,978 yen, and a landowner association fee of approximately 4,465 yen (0.4%). The annual escalation rate for these fees is approximately 1.03%. Ownership transfer costs are to be split equally between the parties. The agent also notes that an estimate of initial costs can be provided upon inquiry. It is important to understand that the displayed price is calculated per square meter, and rounding methods may cause slight variations. All lease-related calculations are based on the Reiwa 7 fiscal year facility unit prices.