861㎡ Land with 49.5KW Solar Power System in Itoman City
This 861㎡ (approximately 260.45 tsubo) plot of land, located in Iha, Itoman City, Okinawa, presents a unique investment opportunity. The property comes equipped with a substantial 49.5KW solar power generation system. The current feed-in tariff (FIT) rate is 32 yen per kilowatt-hour, with the contract period valid until November 2036. Based on 2024 figures, the estimated annual revenue from electricity sales is approximately 1.6 million yen, representing a surface yield of around 13%. The land is designated as forest land within an Urbanization Control Area, with no specific use district assigned. There is no private road burden. The transfer of ownership is negotiable, with details to be confirmed with the agent.
Special Notes from the Agent (Translated): At the time of contract, an earnest money deposit and stamp duty will be required. The agent is also available to consult on creating a customized financial plan tailored to the client's needs. They encourage interested parties to make an inquiry. Please note that the information listed above may differ from the actual current condition. For details, please contact the staff. House Do Chatan Store/Onna & Yomitan Store actively works to prevent coronavirus infection through ventilation, staff wearing masks, complete alcohol disinfection, and the installation of acrylic panels when serving customers (also prepared for customer use). The store has parking available in front, a kids' play space, and complimentary drinks and snacks. The bright and cheerful staff will handle inquiries politely. The agency is also actively seeking properties for sale and offers free appraisals for land, buildings, commercial properties, and others. Consultations are welcome via visit, phone, or email (female staff are also active!). House Do Ginowan Store is also now open. They can handle properties across all of Okinawa and outside the prefecture.
The property is situated in Itoman City, a historic area on Okinawa's southern coast known for its deep connections to traditional fishing culture. An interesting local fact is that Itoman is famous for its unique 'Itoman-style' fishing techniques and was historically a major center for the island's fishing industry. The area offers a more relaxed pace of life while remaining within reach of urban amenities. The closest major tourist attraction is the serene and historically significant Peace Memorial Park, located nearby, which commemorates the Battle of Okinawa and offers panoramic ocean views.
