Prime Land Plot in Naha's Ashimine Area
This is a rare opportunity to acquire one of the last remaining plots in a highly sought-after development in Naha's Ashimine district. The land parcel measures 64 square meters (approximately 19.36 tsubo) and is one of only 14 plots in the subdivision, with this being the final one available. The property is classified as 'zasshuchi' (miscellaneous land) and is situated within a City Planning Area designated as 'shigaika chousei kuiki' (urbanization control area). The building-to-land ratio is 60% with a floor area ratio of 200%.
Agent notes highlight several key selling points. The land is located near the popular Japan Ground Self-Defense Force Naha Training Area, which reportedly had an application ratio of 48.5% for a recent period, indicating high demand in the vicinity. The annual land fee for fiscal year Reiwa 7 (2025) is 286,800 yen, and the title is under a single name. As the seller is the listing real estate company, no brokerage commission is required for the buyer. The surface yield is calculated at 2.06%, a figure presented as favorable compared to standard bank deposit interest rates. It is noted that the land fee from fiscal year Reiwa 8 (2026) onward will be the responsibility of the purchaser upon acquisition. The handover date is negotiable and will occur after land subdivision is completed.
The Ashimine area of Naha offers a convenient residential location. An interesting historical fact about Naha is that it was once the capital of the Ryukyu Kingdom, a thriving independent maritime trading nation for centuries before its annexation. The closest major landmark from this property is the iconic Shuri Castle, a UNESCO World Heritage Site and the former palace of the Ryukyu Kingdom, located just a few kilometers away, offering a profound cultural and historical destination.
