Prime Land for Sale in Uruma, Okinawa: A Strategic Investment Opportunity
This substantial land parcel, located in the Amagan district of Uruma City, Okinawa, presents a significant investment opportunity with a total area of 2,318 square meters (approximately 701.19 tsubo). The property is listed for sale at a price of 131,520,000 JPY. The land is designated as forest land and is situated within the area of Camp Courtney, a U.S. military installation, with no scheduled return date, classifying it as a military-related property.
Critical agent notes have been provided, offering essential financial details for prospective buyers. These notes specify: 'Land scheduled for residential development (R7 appreciation rate: 1.40%). Land lease fee prorated settlement. Fixed asset tax prorated settlement (273,687 JPY). Brokerage commission: 4,406,160 JPY.' This information is crucial for calculating the total acquisition cost and understanding the property's financial context, including its projected appreciation.
The area of Uruma City is rich in history and natural beauty, formed from the merger of several towns on Okinawa's east coast. An interesting local fact is that Uruma is named after a legendary underwater palace, 'Urashima,' from Okinawan folklore. The property's location offers proximity to major Okinawan attractions, with the iconic Katsuren Castle, a UNESCO World Heritage site known for its historical significance and stunning coastal views, being a notable landmark in the region.
