Investment Land in Ginowan, Okinawa with High Rental Yield

This 602 square meter plot of land, currently designated as farmland, is available for purchase in Ginowan, Okinawa. The property offers a significant investment opportunity with an existing lease generating an annual ground rent of 1,093,834 yen. A key feature highlighted in the agent notes is the annual increase in land rent, providing a growing income stream. Furthermore, the risk of non-payment by the tenant is noted as being extremely low, offering a stable investment. The property also presents benefits for inheritance tax planning, as the assessed value of the building is zero and the overall property valuation remains low, potentially reducing future tax liabilities.

The land is a standalone title, free from any shared ownership complications. There is no private road burden associated with the property. It is located within an Urbanization Control Area, and while currently registered as farmland, it has the potential to be developed into residential land. The location offers convenient access, with the Nagata bus stop approximately a 9-minute walk away.