Prime Residential Land in Itoman City, Okinawa
This is a prime residential land plot for sale in the popular area of Taketomi, Itoman City, Okinawa. The property, listed as "C26-06", is a flat, vacant plot of land with a total area of 168.00㎡ (approximately 50.82 tsubo). The asking price is 22,500,000 JPY, which translates to a unit price of 450,000 JPY per tsubo. The land is designated as residential land within an urbanization promotion area and is zoned as a Category 1 Medium-to-High-Rise Exclusive Residential District, with a building coverage ratio of 60% and a floor area ratio of 150%.
The land benefits from excellent road access, with a wide frontage road of approximately 12 meters on the northwest side and a frontage width of about 7.3 meters. The terrain is completely flat, making it an ideal and straightforward building site. Essential utilities are available for connection from the front road, including water supply, sewerage, and propane gas. The land rights are full ownership. It is important to note that the land is subject to the Landscape Act and a district plan. A key procedural point is that a land readjustment process is scheduled for completion in March 2026 (Reiwa 8).
Regarding costs and transaction conditions, the fixed asset tax for the fiscal year 2025 is currently being confirmed. The registration fee for the transfer of ownership is to be borne by the buyer. The real estate brokerage commission is calculated as (Price × 3% + 60,000 JPY) including tax, under a general intermediary transaction. The property is handled by Oroku Shokai Co., Ltd. The property is to be handed over in its current condition, and other purchase conditions are subject to consultation.
The location offers convenient public transport, with the "Taketomimae" bus stop approximately a 6-minute walk away. The area is served by the Kaneshiro Elementary School (approx. 35 min walk) and Kaneshiro Junior High School (approx. 36 min walk).
Itoman City, located in the southern part of Okinawa's main island, is a region rich in history and culture, particularly known for its deep connections to the island's fishing heritage. A major nearby landmark is the iconic Peace Memorial Park, a solemn and expansive national park dedicated to remembering all those who lost their lives in the Battle of Okinawa. It is a place of reflection and a significant historical site, offering panoramic ocean views.
