A Strategic Land Purchase in Okinawa City Offering Significant Savings
This 156.48m² (approximately 47.33 tsubo) residential plot in Okinawa City's Misato 2-chome presents a compelling opportunity for savvy homebuilders. The land is designated for residential use within a First Category Medium-to-High-Rise Residential zone, with a building-to-land ratio of 60% and a floor area ratio of 200%. The property fronts a 3.3-meter-wide road to the north. Essential utilities are in place, including propane gas, city water, and sewer systems. A key point for buyers is that the land survey to determine boundaries has already been completed.
Critical agent notes reveal this property's unique value proposition. The listing emphasizes savings of approximately 6.2 million yen compared to purchasing in the neighboring, more expensive Mibaru area. This calculation is based on a price difference of 140,000 yen per tsubo across 45.39 tsubo, plus the waiver of the brokerage commission (which would be 784,740 yen on a land price of 21,780,000 yen). These significant savings can be redirected towards the construction of your future home. The agent poses a thought-provoking question: "Do you want the 'prestigious address' or a 'living environment with full convenience'?" This plot allows you to enjoy the same convenience as the popular Mibaru area at a substantially lower cost.
Important conditions are noted. Due to the road width being under 4 meters, a setback (setback) is required. This means a portion of the land must be set back from the road centerline to meet legal road width requirements for building access; this setback area cannot be built upon or have gates or fences erected. Furthermore, the southern and eastern sides of the plot have elevation differences, necessitating retaining wall construction, which is reflected in the land's competitive pricing. The transaction process is outlined: inquiry, condition confirmation, viewing, application, financing consultation, important matters explanation and sales contract, formal loan application, loan approval, and finally, handover. The agent also offers full support for home loan consultations.
The area of Misato in Okinawa City offers a balanced residential lifestyle with good local amenities. An interesting historical fact about Okinawa City is that it was formed in 1974 through the merger of two towns, Koza and Misato, with Koza having a deep-rooted history intertwined with the post-war presence of Kadena Air Base and the vibrant evolution of Okinawan culture. The closest major tourist attraction is the Okinawa Zoo & Museum (Okinawa Zoo & Museum), a family-friendly destination featuring diverse wildlife and cultural exhibits, located just a short drive away.
