Military Land Lease Opportunity in Naha, Okinawa
This listing presents a unique investment opportunity: a 569.00 square meter (approximately 172.12 tsubo) plot of land designated as farmland with potential for residential development, located within the premises of the Japan Air Self-Defense Force (JASDF) Naha Base. The property is offered as a land leasehold with a substantial price multiplier of approximately 50.0 times the annual lease fee.
The comprehensive agent notes provide critical details. The facility name is the Air Self-Defense Force Naha Base, with management number E25-75-A. The listed price is 127,500,000 yen. The annual land lease fee is 2,549,922 yen (for Reiwa 7 fiscal year, with a 1.01% increase rate). The land category is farmland, classified as land with residential prospects. The listing confirms the existence of prorated adjustments for land fees and public charges. The fixed asset tax for the year is 217,471 yen. Landowner association fees are under confirmation, as direct contract with the Defense Bureau is required instead of association membership. Ownership transfer registration costs are to be split equally. There is no scheduled return of the land, and the title is under a single name. The brokerage commission is calculated as (Price × 3% + 60,000 yen) × tax. The handling real estate company is Orokushokai. Please note that the displayed price (including land lease fee) is calculated based on the unit price per square meter, and differences may occur due to rounding methods.
The area of Gushi in Naha City offers a blend of local residential life with proximity to major infrastructure. An interesting historical fact is that the nearby Naha Airport was originally a seaplane base established in the 1930s. The closest major landmark is the iconic Shuri Castle, a UNESCO World Heritage Site and former royal palace of the Ryukyu Kingdom, located a short drive away and offering profound cultural insights into Okinawa's unique history.