Land for Sale in Chatan, Okinawa with Stable Investment Potential
This 154m² plot of land is located in the Uesedo district of Chatan Town, Okinawa Prefecture, and is offered for sale at 14,350,000 JPY. The land is classified as "miscellaneous land" (雑種地) with the potential for residential development (宅地見込地). A key feature of this property is that it is part of a military base land lease, with no scheduled return to the government, offering a stable long-term investment. The land is held under sole ownership, simplifying the transaction process.
Critical financial details from the agent's notes are provided for transparency. Other costs include: ownership transfer registration fees, revenue stamps for contract attachment, brokerage commission, military land fees, landowner association fees, and fixed asset tax settlement. Specific annual costs for Reiwa 7 (2025) are detailed: annual land lease fee is 265,713 JPY; fixed asset tax is 34,245 JPY; the annual escalation rate is 1.03%; and the landowner association fee is approximately 1,329 JPY per year (0.5%). The buyer is responsible for the ownership transfer costs. The agent can provide an estimate of initial costs upon request. Please note that the displayed price (including land lease fees) is calculated per square meter, and variations may occur due to rounding. The land lease fee, landowner association fee, and escalation rate are calculated based on Reiwa 7 facility unit prices.
The area of Chatan is famous for its beautiful beaches like Sunset Beach and American Village, a popular shopping and entertainment complex with a distinctive American influence reflecting Okinawa's history. The property is situated near Kadena Air Base, a major U.S. military installation. For leisure and tourism, the renowned Okinawa Churaumi Aquarium, one of the largest aquariums in the world, is a major draw within a reasonable driving distance.
