Land for Sale in Chatan, Okinawa with Unique Leasehold Structure
This property listing presents a 24.3 square meter plot of land located in the Chatan area of Okinawa Prefecture. The land is designated as "zasshuchi" (miscellaneous land) and is situated in an excellent location very close to National Route 58, a major thoroughfare on the island.
Critical agent notes provide essential details about the property's unique financial and ownership structure. The land is sold with a shared ownership fraction of 1/20th (0.05). There is an existing annual lease fee of 43,324 yen (for the Reiwa 7 fiscal year, i.e., 2025) with no scheduled return/refund. The land area for the share is 24.30 square meters. The seller will not settle any land lease fees. Fixed asset taxes and similar charges are the seller's responsibility, with the fixed asset tax amount being 5,327 yen (for the Reiwa 7 fiscal year).
The area of Chatan is one of Okinawa's most popular destinations for both residents and tourists, famous for its beautiful sunsets over the East China Sea. It is home to the American Village, a large entertainment and shopping complex with a distinctive Ferris wheel, offering a unique blend of cultures. A major nearby landmark is the iconic Mihama American Village, a vibrant hub of shops, restaurants, and entertainment with a spectacular waterfront setting.
