Land for Sale in Yomitan Village, Okinawa with Stable Investment Potential
This 210 square meter plot of land is located in the Sobu district of Yomitan Village, Okinawa, and is offered for sale at a price of 10.3 million yen. The land is designated as "miscellaneous land" with the classification of "expected residential land." A key feature of this property is its status as military-use land associated with the Torii Communications Station, offering a unique investment opportunity with a stable annual land lease rate and a predictable appreciation structure.
The detailed agent notes provide critical financial information for prospective buyers. The annual land lease fee for Reiwa 7 (2025) is 210,552 yen. The fixed asset tax for the same period is 30,164 yen, and the annual landowner association fee is 1,053 yen (0.5%). The annual appreciation rate for the land lease is approximately 2.48%. There is no scheduled return of the land. The costs for ownership transfer registration will be split equally between the buyer and the seller. The agent can also provide an estimate of initial costs upon request. It is important to note that the listed price (including the land lease fee) is calculated per square meter, and slight variations may occur due to rounding. The land lease fee, association fee, and appreciation rate are calculated based on the Reiwa 7 facility unit price.
The Sobu area of Yomitan Village offers a blend of local Okinawan culture and natural beauty. The village is renowned for its rich pottery tradition, particularly Tsuboya-yaki and Yachimun. A major nearby landmark is the iconic Zakimi Castle, a UNESCO World Heritage site. This gusuku (Ryukyuan castle) ruins offers panoramic views of the East China Sea and is a testament to the Ryukyu Kingdom's history.