Land for Sale in Okinawa City with Development Potential
This listing presents a substantial plot of land totaling 1010 square meters (approximately 305.52 tsubo) located in the Kagarawa area of Okinawa City, Okinawa Prefecture. The land is currently being offered for sale with the condition that it will be subdivided from a larger parcel, allowing potential buyers to discuss and negotiate the exact size of the plot they wish to purchase. The asking price is set at 80,170,000 yen.
Critical agent notes provide essential financial details for prospective buyers. The annual land lease fee (地代) is 1,742,664 yen. The brokerage commission (仲介手数料) is 2,711,610 yen (including tax). For the ownership transfer, the buyer is responsible for the stamp duty (印紙代) of 30,000 yen. The land lease fee has an estimated annual increase rate of approximately 1%. The estimated fixed asset tax for the fiscal year Reiwa 7 (2025) is 246,436 yen. There will be a settlement of the land lease fees, and the land is designated as prospective residential land (宅地見込み地).
