Land for Sale in Kin Town, Okinawa with Development Potential Near Camp Hansen
This 957 square meter plot of land is located in Kin, Kin Town, Okinawa Prefecture. The property is classified as "zasshuchi" (miscellaneous land) and is situated in an area without a designated use zone. The land is noted as having potential for residential development, particularly due to its proximity to the expanding Camp Hansen base area, where collaboration with the Japan Self-Defense Forces and ongoing infrastructure improvements are underway.
The annual land tax is 712,409 yen, with a stated appreciation rate of 1% and a multiple of 43. The listing agent has noted that the price has been adjusted downward by lowering the multiple. Importantly, there is no scheduled return of the land (likely referring to no planned reversion from military use). The property is available for immediate handover.
The area of Kin Town in northern Okinawa is characterized by its lush green hills and proximity to both the East China Sea and the Pacific Ocean. An interesting local fact is that Kin is home to the Kin Blue Cave, a popular snorkeling and diving spot known for its stunning azure light. The closest major landmark is the UNESCO World Heritage site, Nakijin Castle Ruins, a remnant of the Ryukyu Kingdom offering breathtaking views and a deep historical significance.