Prime Residential Land in Itoman City, Okinawa
This is a residential land plot for sale in the Takefuku area of Itoman City, Okinawa. The property, identified as C26-06, is a flat, vacant plot with a total land area of 168.00 square meters (approximately 50.82 tsubo). The asking price is 22,500,000 JPY, which translates to a unit price of 450,000 JPY per tsubo.
The land is designated as residential land (宅地) within an urbanization promotion area. It falls under the First Category Medium-to-High-Rise Residential Exclusive Zone, with a building coverage ratio of 60% and a floor area ratio of 150%. The property fronts a wide road approximately 12 meters wide on the northwest side, with a frontage of about 7.3 meters. The terrain is flat, making it an ideal canvas for construction.
Essential utilities are available for connection from the front road, including water supply, sewerage, and propane gas. The land is subject to the Landscape Act and a district plan. A key point to note is that a land readjustment process (換地処分) is scheduled for completion in March 2026 (Reiwa 8). The property will be transferred in its current condition, and other purchase conditions are subject to consultation.
Regarding costs and transaction terms, the fixed asset tax for the fiscal year 2025 (Reiwa 7) is under confirmation. The buyer is responsible for the ownership transfer registration fees. The brokerage commission is calculated as (Price x 3% + 60,000 JPY) including tax, under a general intermediary transaction format. The handling real estate company is Oroku Shokai Co., Ltd.
For access, the "Takefuku-mae" bus stop is about a 6-minute walk away. The designated school districts are Kaneshiro Elementary School (approx. 35 min walk) and Kaneshiro Junior High School (approx. 36 min walk).
The Takefuku area of Itoman offers a blend of residential calm and Okinawan culture. Itoman is historically known for its deep connection to the sea and is famous for its traditional Hari (dragon boat) festivals. A major nearby landmark is the iconic Peace Memorial Park in Mabuni, a profound site commemorating the Battle of Okinawa, located just a short drive south along the coast.
