Investment Land in Naha's Kagamizu Area
This 99 square meter plot of land is located in the Kagamizu district of Naha City, Okinawa Prefecture. The land is designated as farmland (畑) and is being offered for sale at a price of 23,510,000 yen. The property is a vacant land parcel, meaning there is no existing structure, and details such as building coverage ratio and floor area ratio are not specified.
Critical investment information is provided in the agent's remarks. The land is part of the Japan Ground Self-Defense Force Naha Training Field, which is a military-use property (軍用地). The land is held under a leasehold arrangement with a multiplier of 53. The annual leasehold fee (借地料) is currently 443,659 yen, and this fee is noted to be increasing year by year. This type of property is specifically highlighted as a measure for inheritance tax planning (相続税対策). The property is categorized as an income-generating asset and a military land property.
