Land for Sale in Okinawa City with Development Potential
This 347 square meter plot of land is located in the Morimisato area of Okinawa City, Okinawa Prefecture. The land is currently classified as a field (畑) but is noted as having potential for conversion to residential use (宅地見込地). The asking price is 29.9 million yen.
Critical financial details from the agent's notes include the annual leasehold fee for the 2025 fiscal year (Reiwa 7) of 598,717 yen and a fixed asset tax for the same period of 58,000 yen. The property is subject to a multiplier of 50 times (倍率50倍). Prospective buyers are advised to contact Chubu Kōsan in advance to arrange a viewing. The agent emphasizes that viewings, document requests, and on-site guidance can be handled smoothly over the phone.
The listing is managed by Chubu Kōsan Corporation, a real estate company founded in 1982 with over 40 years of experience. They state their mission is to support clients step-by-step towards their dream home or investment property. With the largest number of offices in the area, they comprehensively cover Okinawa's real estate information. They offer personalized support for first-time buyers and those with concerns about property management, including introductions to various loans, financial planning, and advice on taxes and legal matters.
The area of Okinawa City offers a unique blend of local culture and modern conveniences. An interesting historical fact is that the city was a central location for the 1975 Okinawa International Ocean Exposition (Expo '75). The property is situated near a significant landmark, Kadena Air Base, one of the largest and most strategically important US Air Force bases in the Asia-Pacific region.
