Prime Investment Land in Awase, Okinawa City
This listing presents a substantial 256 square meter (77.44 tsubo) plot of land located in the Awase district of Okinawa City, Okinawa Prefecture. The property is designated as military-use land, specifically part of the Awase Communications Facility, offering a unique investment opportunity. The land is classified as "zasshuchi" (miscellaneous land) with a land use category of residential land prospect.
Critical agent notes provide essential financial and transactional details. The asking price is 18,180,000 JPY. The land lease multiplier is approximately 47 times, with an annual lease fee of 386,904 JPY for Reiwa 7 (2025). The fixed asset tax for Reiwa 6 (2024) is 41,717 JPY. There is an annual landowner association fee of 1,547 JPY (0.4%). Prorated adjustment for public taxes and levies is applicable. The costs for ownership transfer registration are to be borne by the buyer. The brokerage commission is calculated as (Price x 3%) + 60,000 JPY + tax. There is no scheduled return of the land. The title is under sole ownership, and the handling real estate company is Oroku Shokai Co., Ltd.
The Awase area is a dynamic part of central Okinawa, known for its mix of residential and commercial development. An interesting local fact is that the nearby Awase Tidal Flat is an important ecological site, though much of it has been reclaimed for development. The closest major landmark is the Okinawa Comprehensive Athletic Park, a vast public sports complex that hosts various events and is home to the Okinawa Arena.
