Prime Investment Land in Yomitan Village, Okinawa
This 1,327 square meter plot of land is a prime investment opportunity located in the heart of Yomitan Village, Okinawa. The property is situated directly adjacent to the popular Aeon Town Yomitan shopping complex, offering significant potential for commercial or residential development. With a listed price of 36.8 million yen, the land boasts a calculated annual rental yield of approximately 2.98%, based on an estimated annual ground rent of around 1.1 million yen.
According to the agent's special notes, the fixed asset tax for the fiscal year Reiwa 7 (2025) is approximately 435,686 yen. A critical point to note is that the property currently has no road access (接道なし). The land is designated for residential use within a Quasi-Residential zone, with a building coverage ratio of 60% and a floor area ratio of 200%. The terrain is flat, and the property rights are full ownership with no private road burdens.
The area of Yomitan Village is rich in history and culture, known for its beautiful coastline and the historic Zakimi Castle, a UNESCO World Heritage site. The village is also famous for its pottery and glassblowing traditions. The property's immediate proximity to Aeon Town Yomitan provides unparalleled convenience for daily shopping and amenities, while the broader region offers easy access to some of Okinawa's most stunning beaches and cultural landmarks.
