Farmland in Inashiki City, Ibaraki Prefecture

This is a plot of farmland located in Inashiki City, Ibaraki Prefecture, that has been left uncultivated for approximately three years. The total land area is roughly 700 square meters, comprising two sections: approximately 242 square meters of land that can be converted for other uses (classified as Category 2 agricultural land) and approximately 465 square meters that cannot be converted (agricultural land within a designated agricultural promotion zone). The property is offered as-is based on public registry records.

The land is situated in an area with convenient access to Tsukuba City, Narita Airport, and Ibaraki Airport by car. The seller notes that if the buyer is a resident of Inashiki City and engaged in agriculture, they may be eligible for a subsidy for abandoned farmland regeneration, which can provide up to 600,000 yen annually for a maximum of three years. Additional subsidies for new farmers and agricultural machinery are also available from the city. Furthermore, due to a revision of the Agricultural Land Act in April 2023, the minimum area requirement for acquiring farmland has been abolished, making it easier for part-time farmers to obtain permits, provided they meet other conditions such as engaging in farm work for 150 days or more per year.

The seller also mentions the possibility of installing solar panels above the farmland as a method of generating income, a practice known as agrivoltaics, which is already being implemented by some farms in the nearby Chiba Prefecture. The asking price is 700,000 yen for the entire plot of approximately 700 square meters, or 400,000 yen for the 465-square-meter non-convertible portion alone. The annual fixed property tax is estimated to be less than 1,000 yen. Please note that this is a land-only transaction with no buildings.