Solar Power Investment Property in Uruma, Okinawa
This property offers a unique investment opportunity centered around a solar power generation facility. The agent notes provide critical details: Equipment/Facilities: Solar power generation equipment. Special Notes/Remarks: A solar power facility with a 12.5% yield! Annual income is approximately 2 million yen. There are 10 years remaining (from December 1, 2015, for a 20-year period)! Feel free to inquire! *Reiwa 6 (2024) electricity sales revenue: 2,025,100 yen *This price includes the land lease fee.
The property is a plot of land classified as "miscellaneous land" in the Yakena area of Uruma City, Okinawa Prefecture. It falls within an urbanization promotion area and a Category II Medium-to-High-Rise Residential Zone. The land area is not specified in the provided data, but the building coverage ratio is 60% with a floor area ratio of 200%. The solar facility was established in December 2015, making it approximately 10 years old. The transaction is handled as an agency sale, and the land rights are leasehold, with the lease fee already included in the asking price.
The area of Uruma City is known for its beautiful coastline and bridges connecting several islands. An interesting fact is that Uruma is home to the Mid-Sea Road, a series of causeways and bridges offering stunning ocean views, which is a popular scenic drive. The closest major tourist attraction is the Katsuren Castle Ruins, a UNESCO World Heritage site that offers panoramic views and a glimpse into the Ryukyu Kingdom's history.