Land for Sale: Military-Use Investment Plot in Naha, Okinawa
This property is a land plot designated for military use, part of the Japan Ground Self-Defense Force's Naha Training Area. It is offered for sale by the owner, meaning no brokerage commission is required, allowing for lower initial purchase costs. The land is not scheduled for return, making it a stable, long-term investment opportunity.
The price is 9.05 million yen. The investment yield is approximately 52x, with an annual land lease fee of 174,119 yen (Reiwa 7 fiscal year). The lease fee has an annual increase rate of 0.83% and continues to rise year by year. The property details are as follows: Management Number: E25-80; Location: 163-11 Ajimineharajima, Ajimine, Naha City; Land Area: 36.24㎡ (approx. 10.96 tsubo); Land Category: Residential Land; Title: Sole Ownership.
Important conditions and notes include: Public charges and land lease fees are subject to daily pro-rata settlement. The fixed asset tax is 13,850 yen (Reiwa 7 fiscal year). Joining the landowners' association is not permitted. All costs for the ownership transfer registration are to be borne by the buyer.
The property is located in the Ajimine district of Naha City, the vibrant capital of Okinawa Prefecture. The area is rich in history and culture, famously home to Shuri Castle, a UNESCO World Heritage Site and former palace of the Ryukyu Kingdom. This plot offers a unique niche within the bustling city, presenting a specialized investment opportunity tied to the region's strategic significance.
