Land for Sale in Miyakojima, Okinawa
This listing is for a 1,757 square meter plot of land located in the Hora district of the city of Miyakojima, Okinawa. The land is designated as a corner lot with excellent sunlight exposure, making it suitable for development into an apartment building or hotel. The property is a vacant lot and is located near the Miyakojima Kaihokan (Sea Treasure Hall) and Horaizumi Beach. The agent also notes that other 100-tsubo (approximately 330 square meter) residential plots are available for sale in the area.
The land is registered under the "field" (hatake) land category. A critical note from the agent states: "Due to the land category being 'field,' an application under Article 5 of the Agricultural Land Law will be required." This is an essential legal consideration for any potential buyer. The property has water supply infrastructure available. The land fronts roads on the north side (4 meters wide) and east side (7 meters wide). The building-to-land ratio is 60% and the floor area ratio is 200%. The property rights are ownership with no private road burdens. The handover date is negotiable.