Prime Land Parcel in Uruma, Okinawa with Low-Risk, Long-Term Investment Potential

This 388 square meter (approximately 117.37 tsubo) land parcel is located in the Amagan district of Uruma City, Okinawa. The property is situated within the area of Camp Courtney, a U.S. military installation, and is classified as a military land property. A key feature highlighted by the agent is its status as a "宅地見込地" or land with residential development potential, with a noted appreciation rate of 1.40% for the Reiwa 7 year (2025).

Critical financial notes provided by the agent have been translated and must be considered: The leasehold fee (借地料) will be prorated and settled. The fixed asset tax (固定資産税) will also be prorated and settled (amounting to 45,811 yen). The brokerage commission (仲介手数料) is set at 792,330 yen. The listing price is 22,010,000 yen, with a price per tsubo of approximately 187,500 yen.

The area of Uruma City offers a unique blend of Okinawan culture and natural beauty, formed from the merger of several towns. An interesting local fact is that Uruma City is home to the Katsuren Peninsula, where the UNESCO World Heritage site Katsuren Castle Ruins stands, offering breathtaking views of the East China Sea. The closest major landmark to this property is the expansive Camp Courtney itself, a significant presence in the region.

This parcel is presented as a low-risk, long-return asset, with the specific note that there is no scheduled return (返還予定なし), suggesting a stable, long-term leasehold arrangement. It represents a strategic opportunity for investors looking at the Okinawan real estate market, particularly in land with designated future use potential.