Investment Opportunity: Camp Zukeran Military Land Parcel in Okinawa
This listing presents a unique investment opportunity: a 155 m² (approximately 46.88 tsubo) parcel of military land located in the Zukeran area of Nakagusuku Village, Okinawa. The property is offered for sale at a price of 12.16 million yen. As a military land plot, it is subject to an annual lease fee paid to the landowner. A critical note from the agent's remarks specifies the annual lease fee for the Reiwa 7 fiscal year (2025) is 276,352 yen.
The land is classified as "miscellaneous land use" (雑種地) and is part of the Camp Zukeran military facility. The listing highlights an impressive yield rate of approximately 44 times, indicating strong potential for asset management. A significant advantage for investors is the stated lack of a scheduled return date, providing long-term stability and making it a viable option for inheritance planning strategies. Prospective buyers should be aware of additional costs associated with the purchase, including ownership transfer registration fees, stamp duty, brokerage commission, military land fees, landowner association fees, and fixed asset tax settlements.
The property is situated in Nakagusuku Village, a central Okinawan community known for its mix of residential areas and historical sites. An interesting local fact is that the village is home to the UNESCO World Heritage site Nakagusuku Castle Ruins, a well-preserved Ryukyuan gusuku (castle) offering panoramic views of the East China Sea and a glimpse into the kingdom's history. The area provides a serene environment while remaining within reasonable proximity to urban conveniences in nearby Okinawa City.
