Rare Military Land Investment Opportunity in Kunigami Village, Okinawa
This listing presents a unique investment opportunity: a 228 square meter (approximately 68.97 tsubo) plot of military land in the Momohara area of Kunigami Village, Okinawa. The land is offered for sale at a price of 5.8 million yen. A critical feature of this property is its status as military land with no scheduled return, making it a rare find on the market. The land is classified as farmland (畑) but is categorized as land expected for residential use (宅地見込地).
The detailed agent notes provide essential financial and contractual specifics. The facility name is Okuma Rest Center, and the management number is E26-01-A. The annual land lease fee is 111,496 yen, calculated based on a multiplier of approximately 52 times. This lease fee is subject to pro-rated settlement. Notably, the fixed asset tax is 0 yen for the Reiwa 7 fiscal year due to the assessed value of 9,597 yen being below the tax exemption threshold. An additional annual landowner association fee of 1,115 yen (1% of the land lease fee) applies. All costs for ownership transfer registration are to be borne by the buyer. The title is under a single name. The brokerage commission is calculated as (price x 3% + 60,000 yen) plus consumption tax. The handling real estate company is Orokushokai Co., Ltd. Please note that the displayed price and land lease fee are calculated per square meter, and rounding methods may cause slight variations in the final amounts.
The property is situated in the northern part of Okinawa's main island, an area renowned for its lush, mountainous landscapes and pristine natural environment. Kunigami Village is part of the Yanbaru region, a UNESCO World Natural Heritage site recognized for its unique subtropical evergreen forests and rare wildlife, including the endangered Yanbaru kuina (Okinawa rail). This region offers a tranquil escape into nature, far from the urban bustle of southern Okinawa. The closest major tourist attraction is the iconic Cape Hedo, the northernmost point of Okinawa Island, famous for its dramatic cliffs and panoramic ocean views.
