Spacious Agricultural Land with Development Potential in Itoman, Okinawa

This listing presents a substantial agricultural plot of approximately 1,600 tsubo (about 5,289.3 square meters) located in the Ue district of Itoman City, Okinawa Prefecture. The land is designated as farmland within an agricultural promotion area and is currently in a vacant, cleared state, ready for immediate use. A key feature is its inclusion within a land readjustment plan. In the coming years, this plan will bring significant improvements to the area, including land development, road widening, the installation of water hydrants, and drainage systems, enhancing its utility and value as agricultural property.

Critical information from the agent's remarks must be noted: while the current area is about 1,600 tsubo, a reduction of approximately 320 tsubo is anticipated as a contribution burden for the land readjustment project. Consequently, the actual effective area will be approximately 1,300 tsubo. The sale price is set at 19.95 million yen, with the final delivery terms open for consultation. The property boasts favorable building regulations with a 60% building coverage ratio and a 200% floor area ratio. It fronts a 5-meter-wide road with no private road burdens.

The area of Itoman City is rich in history and culture, famously known for its deep ties to Okinawan fishing traditions. A major nearby landmark is the Peace Memorial Park, a poignant national park dedicated to the Battle of Okinawa, located just a short drive away in the neighboring Mabuni district. This serene and historically significant site offers panoramic ocean views and extensive grounds for reflection.