Prime Iejima Military Land with Exceptional 38x Multiplier
This is a rare opportunity to acquire a substantial plot of military land on Iejima (Ie Island), located in Higashiego, Ie Village, Okinawa Prefecture. The property spans approximately 733 square meters (about 221.7 tsubo) and is situated adjacent to the Iejima Auxiliary Airfield. The land is designated as military-use land (軍用地) with a remarkably high multiplier of 38 times. The annual lease income from the Japanese government is a fixed 211,740 yen. Notably, the property is exempt from fixed asset tax (固定資産税 0円) and real estate acquisition tax (不動産取得税 0円), making it a highly efficient investment focused on yield.
According to the agent's remarks, there are no plans for the land to be returned by the military (返還の予定は有りません). The land is located outside the fence line and is currently tolerated as cultivated land (フェンス外、黙認耕作地). The property is sold with no construction conditions (建築条件なし) and immediate possession is available (引渡即時可). The transaction is an exclusive listing (取引態様専任).
The surrounding area of Iejima offers a tranquil, rural island lifestyle. The island is famous for its iconic Iejima Lily fields and offers stunning coastal views. A major landmark and tourist attraction easily accessible from the island is the Okinawa Churaumi Aquarium, one of the largest and most impressive aquariums in the world, located on the main island of Okinawa.
