Land for Pension Business or Second Home on Miyako Island
This 112.4 m² plot of land in the Matsubara district of Miyakojima City, Okinawa, presents an opportunity for building a pension (guesthouse) business or a second home. The land is flat, vacant, and faces a road to the southwest. The property is designated as residential land with a building coverage ratio of 60% and a floor area ratio of 200%.
The listing notes that with a building constructed, the total investment for operating a pension or enjoying a second home lifestyle would be approximately 25 million yen. The land is being offered for sale at a price between 4.5 million and 5.5 million yen. The transaction is a general brokerage, and the land rights are ownership with no private road burden. The handover date is negotiable.
The property is located in Miyakojima City, part of Okinawa Prefecture, known for its beaches and tourism. The listing does not provide specific details on proximity to transport or nearby amenities.