Rare Military Land Investment Opportunity in Kunigami Village, Okinawa
Critical details from the agent notes include the annual land lease fee of 111,496 yen, which is subject to pro-rated adjustments. The land multiplier is approximately 52x. Notably, the fixed asset tax is 0 yen for the Reiwa 7 fiscal year due to the assessed value of 9,597 yen falling below the tax exemption threshold. An additional annual landowner association fee of 1,115 yen (1% of the land lease fee) applies. Crucially, there is no scheduled return of this land from military use, offering long-term stability for the investment. The property is under sole ownership, and the buyer is responsible for the ownership transfer registration costs. The brokerage commission is calculated as (price x 3% + 60,000 yen) plus consumption tax. The handling real estate company is Oroku Shokai. Please note that the displayed price and land lease fee are calculated per square meter, and rounding methods may cause slight variations in the final amounts.
The property is situated in the northern part of Okinawa's main island, an area renowned for its lush, subtropical forests and rugged coastline. Kunigami Village is part of the Yanbaru region, a UNESCO-recognized biosphere reserve celebrated for its unique biodiversity. The area offers a tranquil, natural environment away from the urban centers. A major nearby landmark is the Okinawa Churaumi Aquarium, one of Japan's largest and most famous aquariums, located approximately an hour's drive south in Motobu Town. This region is a prime destination for eco-tourism and nature enthusiasts.