Investment Opportunity in Okinawa: Land Parcels Adjacent to Kadena Air Base
This listing presents a unique investment opportunity in Okinawa City, offering land parcels adjacent to the Kadena Air Base. The property consists of five separate plots totaling 995 square meters (approximately 300.98 tsubo). The land is designated as military-use land (軍用地) with no scheduled return (返還予定無し), indicating its long-term status. The annual lease income (年地料) is ¥1,716,780, yielding a return rate of 1.88%. The land multiplier (倍率) is 53. The ownership is under a single name (単独名義), which can be advantageous for inheritance planning.
Key financial details include an annual landowner association fee of ¥6,867 (applicable if the total land area exceeds 300㎡). The fixed asset tax for Reiwa 7 (2025) is currently under confirmation. All registration costs are to be borne by the buyer. The brokerage commission is calculated as (sale price × 3% + yen) × tax. The lease fees and fixed asset tax are planned to be settled on a pro-rata daily basis. The property can be purchased as a whole or by individual plot, providing flexibility for investors.
The area of Okinawa City is a vibrant hub in central Okinawa, known for its mix of local culture and American influences due to the nearby base. An interesting fact is that Okinawa City hosts one of the largest annual festivals in the prefecture, the Okinawa City Carnival. The closest major landmark is the iconic Kadena Air Base itself, a significant U.S. military installation, while popular tourist attractions on the island include the stunning Manzamo cliffs and the historical Shuri Castle, a UNESCO World Heritage site.
