Military Land for Sale in Okinawa City's Awase Area
As per the agent's special notes, which are critical to understanding this offering: "How about this as one method of asset formation? This is a sale of military land at 49 times (the annual lease rate)." This indicates the sale price is calculated as 49 times the annual lease fee. The current annual lease fee for the 2026 fiscal year is 433,120 yen. The land lease fees are settled on a pro-rata daily basis. The property is considered suitable for residential development.
The Awase district of Okinawa City offers a blend of residential and coastal environments on Okinawa's main island. An interesting local fact is that the nearby Awase Tidal Flat was once one of the largest and most biodiverse tidal flats in Okinawa, though much has been reclaimed. The area provides relatively easy access to the island's eastern coastline. The closest major tourist attraction is the Okinawa Comprehensive Athletic Park, a vast public sports complex that also hosts events and is home to the Okinawa Zoo & Museum, making it a popular family destination.
