Land for Sale in Naha City, Okinawa: A Strategic Port Facility Investment
This listing presents a unique land investment opportunity in Naha City, Okinawa. The property is a 83.51 square meter plot of residential land (宅地) located in Kakinohana-cho 3-chome. The land is designated as a military-use port facility (軍用地：港湾施設), offering a significant multiplier of approximately 47 times. The property is available for purchase with a price of 26.2 million yen.
Critical details from the agent's notes have been translated and are as follows: The annual land lease fee is 557,472 yen. Public charges and land lease fees are subject to pro-rated settlement. The fixed asset tax is also subject to pro-rated settlement (44,684 yen per year). There is no brokerage commission fee for this transaction. The costs associated with ownership transfer registration, etc., are to be split equally. Return of the land is scheduled. The title is under a single name. The land category is residential. The displayed price (including the land lease fee) is calculated per square meter. Please note that the final amount may vary slightly due to rounding methods for decimal places.
