Land for Sale in Okinawa City with Unique Leasehold Structure
This listing presents a 50 square meter plot of land (approximately 15.12 tsubo) located in the Misato area of Okinawa City, Okinawa Prefecture. The land is classified as "miscellaneous land" (雑種地) and is situated within the Kadena Air Base (嘉手納飛行場) area, indicating it is U.S. military-leased land. The property is offered for sale at a price of 4,300,000 yen.
A critical feature of this property is its leasehold structure. As detailed in the agent's special notes, the annual ground rent (借地料) is 86,271 yen, with a multiplier (倍率) of approximately 49.8. This information is essential for potential buyers to understand the ongoing financial obligation associated with the land ownership.
The Misato district offers a residential atmosphere within Okinawa City. The area provides convenient access to local amenities and is in proximity to one of Okinawa's most significant landmarks, the expansive Kadena Air Base, a key installation with a deep history intertwined with the post-war development of the island. For leisure and culture, residents can easily visit the Okinawa Prefectural Museum & Art Museum in nearby Omoromachi, which offers comprehensive insights into the natural history, culture, and art of the Ryukyu Islands.