Investment Opportunity: Military Land Parcel in Yomitan Village, Okinawa
This property presents a unique investment opportunity: a 753 m² parcel of military land (classified as miscellaneous land) located in the Soe district of Yomitan Village, Okinawa. The land is part of the Torii Communications Station area and offers a stable, government-backed income stream. The annual land lease fee (借地料) is ¥754,995, paid directly by the Japanese government to the owner. The listing highlights that the lease multiplier is approximately 50x, there is no scheduled return of the land, and lease fees are steadily increasing.
The agent's special notes detail seven key benefits of investing in military land. First, it provides stable annual income from the national government. Second, it is low-risk as the tenant is the Japanese government. Third, it offers inheritance tax and tax-saving advantages, including reduced fixed asset tax burdens. Fourth, there is high demand when selling, ensuring high liquidity and smooth conversion to cash. Fifth, there is no vacancy risk or management cost, unlike apartment or condominium investments, eliminating expenses for advertising, repairs, and management. Sixth, purchase loans specifically for military land are available from financial institutions within the prefecture. Seventh, the land can be subdivided and sold in parts, just like ordinary land.
The area of Yomitan Village is rich in history and natural beauty. It is home to the Zakimi Castle Ruins, a UNESCO World Heritage site, which offers panoramic views and a glimpse into the Ryukyu Kingdom's past. The village also boasts beautiful coastlines like the scenic beaches of the Emerald Coast.
