Seaside Land Opportunity on Hamahiga Island in Uruma, Okinawa

This listing presents a substantial 1,242 square meter plot of land located in Katsurenhama, Uruma City, Okinawa Prefecture. The property is situated along the coast on Hamahiga Island, offering a prime location just a short walk from the sea. It is an excellent opportunity for those considering ventures such as a private lodging facility (minpaku) or a commercial shop. The land is classified as wilderness and is not within a designated use district, providing flexibility for development within the 60% building coverage and 200% floor area ratio allowances.

Critical agent notes provide essential financial details: The total purchase price is 37,600,000 yen. The brokerage commission is 1,306,800 yen (including tax). It is important to note that the costs for the ownership transfer registration will be the responsibility of the buyer. Additionally, the prorated settlement amount for the fixed asset tax will be calculated after the settlement date is confirmed.

The property benefits from a north-facing frontage onto a road over 6 meters wide, with no buildings directly opposite, ensuring good access and views. Utilities include a water supply connection. There is no private road burden associated with the land.

The area of Katsurenhama on Hamahiga Island is steeped in Okinawan history and legend. Hamahiga Island is considered one of the islands of the Ryukyuan creation gods and is known for its sacred sites and tranquil atmosphere. A major nearby tourist attraction is the Katsuren Castle Ruins, a UNESCO World Heritage site located on the main island of Okinawa, a short drive away across the bridge. This historic Gusuku site offers panoramic views of the ocean and is a testament to the Ryukyu Kingdom's rich cultural heritage.