Land for Sale in Naha, Okinawa with Naha Port Facility and Military Land Designation
This 27 square meter plot of land is located in the Kakihana-cho 3-chome district of Naha City, Okinawa Prefecture. The property is listed for sale at a price of 11 million yen. The land is designated as residential land (宅地) and is situated within an urban planning area, facilitating development.
Critical agent notes provide essential details about the property's status and ongoing financial obligations. The property is designated as part of the Naha Port Facility and is also classified as military land (軍用地). This designation carries a significant annual land lease fee of 200,000 yen, calculated at a rate of 55 times the base value (【55倍】). This is a crucial cost factor for any potential buyer to consider in their investment calculations.
The area of Kakihana-cho in Naha offers a unique urban setting within Okinawa's capital. A notable landmark in the vicinity is the historic Shuri Castle, a UNESCO World Heritage site and former palace of the Ryukyu Kingdom, located a short distance away. The property's location provides potential for development, taking advantage of Naha's status as the commercial and governmental heart of the islands.