Prime Military Land Parcel in Urasoe, Okinawa
This listing presents a unique investment opportunity: a 144.00㎡ (43.56 tsubo) parcel of military land within the Makiminato Supply Area (Camp Kinser) in Urasoe City, Okinawa. The property is offered for sale at a price of 17,500,000 JPY. A critical feature of this land is its high yield multiplier of approximately 53.0 times, with an annual land lease fee of 330,576 JPY. The land is classified as "Zasshuchi" (miscellaneous land) and is categorized as land projected for residential use.
The detailed agent notes provide essential financial and administrative specifics. The land rent and public charges are to be split 50/50 between parties. The fixed asset tax for the Reiwa 7 fiscal year is 39,070 JPY, with an additional landowner association fee of 1,322 JPY per year (0.4%). Costs for ownership transfer registration are also to be shared equally. The facility has a "return agreement," meaning it is scheduled for return. The title is under a single name. The brokerage commission is calculated as (Price × 3% + 60,000 JPY) × tax. The handling real estate company is Orokushokai. Please note that the displayed price (including land lease fees) is calculated per square meter, and variations may occur due to rounding methods.
Located in the Ko-wan area of Urasoe City, this property sits in a strategically important part of central Okinawa. Urasoe is a vibrant city known for its rich history, including the ruins of Urasoe Castle, a significant Ryukyuan kingdom site. The area offers a blend of urban convenience and coastal scenery. A major nearby landmark is the Okinawa Convention Center, a modern complex in the adjacent city of Ginowan that hosts major events and exhibitions, symbolizing the island's contemporary development and international connections.
