Land for Sale in Naha City, Okinawa: A Prime Development Opportunity
This 372.11 square meter (approximately 112.56 tsubo) plot of land is located in the sought-after Asato district of Naha City, Okinawa. The property is designated as residential land within a Category I Residential Zone, offering a building coverage ratio of 60% and a floor area ratio of 200%, providing significant potential for development. The price is set at 110 million JPY, translating to a per-tsubo cost of approximately 977,300 JPY.
Critical agent notes provide essential details for prospective buyers. The property will be transferred in its current condition ('as-is'). Importantly, the handover of the property is scheduled for one year from the point of agreement. Furthermore, there is an existing structure on the land slated for purchase, and the demolition costs for this building will be the responsibility of the buyer.
