Land for Sale in Urasoe City, Okinawa
This 461 square meter (approximately 139.45 tsubo) plot of land is available for purchase in the Atayama 2-chome area of Urasoe City. The property is listed at a price of 18.9 million yen. The land is designated as residential land within an urbanization promotion area, with a building coverage ratio of 60% and a floor area ratio of 200%. The terrain is flat, and there is no private road burden associated with the property. The transfer of ownership is negotiable.
According to the agent's notes, this land is part of the Barclays Court site and is an income-generating property, currently yielding an annual rental income of 695,000 yen. The price has been adjusted from an initial 27.8 million yen to the current asking price of 22.5 million yen, and has been further reduced to 18.9 million yen, presenting a significant opportunity. The agent encourages interested parties to inquire freely.
The property is situated in a convenient location, approximately a 22-minute walk from the Tedako Urasoe Station on the Okinawa Urban Monorail (Yui Rail). The area offers a blend of residential comfort and accessibility. An interesting fact about Urasoe City is that it was once the seat of the Ryukyu Kingdom's government before it moved to Shuri. The closest major landmark is the impressive Shuri Castle, a UNESCO World Heritage site and a symbol of Okinawa's unique history and culture, located a short drive away in Naha.
