Land for Sale in Nago City, Okinawa with Solar Power Generation Income
This substantial plot of land, spanning 3,541.5 square meters (approximately 1,071.3 tsubo), is located in Untenbaru, Nago City, Okinawa Prefecture. The property is offered for sale at a price of 117,920,000 JPY. It is important to note that this land is subject to building conditions; a development permit is required for construction, and the plot cannot be subdivided.
Critical agent notes provide essential details for potential buyers. The property's equipment and infrastructure are currently limited to electricity only. For water supply, a new connection from the prefectural road side is required. Regarding sewage, there is an obligation to install a septic tank (jokaso) system. Furthermore, the price remarks include significant financial information related to existing solar power equipment. The sale includes solar power generation facilities for an additional 56,000,000 JPY, and a change of name for these assets is necessary upon transfer of ownership. The solar installation generates an average annual income of 7,793,399 JPY, bringing the total combined price for the land and solar equipment to 173,920,000 JPY.
The land is zoned as forest and is located in an area without a designated land use district. It is a flat site with road frontage to the south on a 6.8-meter-wide road. The building-to-land ratio is 60% and the floor area ratio is 200%.
The area of Untenbaru in Nago City offers a blend of natural beauty and local culture on Okinawa's main island. A major nearby landmark is the Okinawa Churaumi Aquarium, one of Japan's largest and most famous aquariums, located approximately a 30-minute drive away in Motobu Town. This world-renowned facility is a major tourist draw for the northern part of Okinawa.
