Land for Sale in Chatan, Okinawa: A Strategic Investment with Unique Leasehold Details
This listing presents a small plot of land measuring 7.85 square meters (approximately 2.37 tsubo) located in the Uruma district of Chatan Town, Okinawa Prefecture. The property is offered at a price of 587,000 JPY. The land is classified as "zasshuchi" (miscellaneous land) and is situated in a prime location very close to National Route 58, a major arterial road on the island, offering excellent accessibility.
Critical details from the agent's notes are essential to understand this unique offering. The property involves a shared ownership structure, with the seller holding a 1/20th (0.05) share of the total land. The land is subject to an annual lease fee of 13,995 JPY (for the 2025 fiscal year, Reiwa 7), and there are no plans for the return or refund of this lease payment. The seller will handle the settlement of the fixed asset tax, which amounts to 1,721 JPY (for the 2025 fiscal year). Importantly, the seller will not conduct any financial settlement regarding the land lease fees. The land is designated as "宅地見込地" (land projected for residential use).
The area of Chatan is one of Okinawa's most vibrant and popular regions, especially known for the American Village in Mihama, a bustling entertainment and shopping complex with a distinctive American-themed atmosphere. An interesting fact about Chatan is that it sits on the central-west coast of Okinawa's main island, offering some of the most spectacular sunset views over the East China Sea. The closest major landmark is the iconic Chatan Sunset Beach, a famous spot for both locals and tourists to enjoy the ocean and stunning evening skies.
