Land Investment Opportunity in Yomitan Village, Okinawa
This listing presents a 797 m² (approximately 241.09 tsubo) plot of land for sale in the Iraha district of Yomitan Village, Okinawa. The land is designated as "zasshuchi" (miscellaneous land) and is situated within the Kadena Ammunition Storage Area, a U.S. military facility. A key feature highlighted by the agent is that the land is held under a sole-name title, which is noted as being approximately 43 times more advantageous than other arrangements, though specific details on this comparison are not provided. The current annual land lease fee is approximately 773,520 yen, yielding a surface yield of about 2.32%. The agent specifically encourages inquiries from those considering military land investment.
Critical agent notes have been provided and are translated as follows: There will be a prorated settlement for the R8 fiscal year fixed asset tax and R8 fiscal year land lease fees. The R7 fiscal year fixed asset tax was approximately 75,600 yen. The R7 fiscal year land lease fee increase rate was 1.2%. All ownership transfer costs are to be borne by the buyer.
The property is located in the scenic Yomitan Village on Okinawa's main island. The area is rich in history and culture, known for its beautiful coastlines and traditional pottery. A major nearby landmark is the Zakimi Castle Ruins, a UNESCO World Heritage site and a superb example of Ryukyuan gusuku architecture, offering panoramic views of the East China Sea. The plot offers immediate possession and has no building coverage or floor area ratio restrictions specified. The land has road frontage on all sides (north, northeast, east, southeast, south, southwest, west, northwest), and there is no private road burden.
