Military Land Investment Opportunity in Okinawa City
This property presents a unique investment opportunity focused on military land, specifically the Kadena Ammunition Depot in Okinawa City. The land parcel measures 30 square meters and is priced at 1,880,000 yen. The land right is ownership, and the property is categorized as forest land. The site is located in the Daikubui area of Okinawa City and falls outside of city planning areas. The property is available for immediate transfer.
According to the agent notes, this property is not scheduled for return, offering high bank collateral valuation and stable price appreciation expectations for the Kadena Ammunition Depot. It is considered particularly suitable for first-time military land investors due to its accessible price range and competitive multiplier level. For the fiscal year 2025, the annual land rent is 37,844 yen, with a unit land rent of 1,261 yen per square meter, showing a 1.26% increase compared to the previous year. The equivalent of fixed property tax is 3,477 yen, but the property is currently non-taxable as it falls within the tax exemption limit. However, if the buyer owns other real estate within Okinawa City, taxation may apply. Land rent for the current fiscal year will be settled on a pro-rata daily basis. Ownership transfer costs are to be borne by the buyer. The agent in charge is Yoshizawa.
