Land for Sale in Naha City, Okinawa with Development Potential
This 14.35 square meter plot of land is available for purchase in the Takara area of Naha City, Okinawa. The land is designated as "zasshuchi" (miscellaneous land) and is classified as "takuchi mikomi chi" (land expected to become residential). The asking price is 3.5 million yen.
Critical financial notes have been provided by the agent. The annual land lease fee is approximately 63,708 yen (based on a 55x multiplier). The fixed asset tax for the fiscal year Reiwa 6 (2024) is approximately 5,488 yen. The seller notes that subdivision of the larger plot is negotiable, with prices ranging from 3.5 million yen to 73.5 million yen. There is no scheduled return of the land, and the land lease fee escalation rate is 1%. The seller encourages consultation for asset management purposes.
Additional remarks confirm the location is within the area of the Naha Base (U.S. Kadena Air Base, Naha Facility). The land category is miscellaneous land, and the type is land expected to become residential. The annual land lease is approximately 63,708 yen (55x multiplier), and the fixed asset tax is approximately 5,488 yen (Reiwa 6). A site plan is available as reference document①.
The Takara district in Naha offers a unique urban setting in Okinawa's capital. An interesting historical fact is that Naha was once the capital of the Ryukyu Kingdom, a thriving independent kingdom that engaged in extensive trade throughout Asia. The area is conveniently located, with the bustling Kokusai-dori (International Street) and the historic Shuri Castle, a UNESCO World Heritage site and former palace of the Ryukyu kings, being major cultural attractions within the city.