Prime Development Land on Iejima Island with Military Lease Income

This substantial land parcel of approximately 1,712 square meters (517.9 tsubo) is located in Higashiegoe, Ie Village, Okinawa Prefecture. The land is designated as military-use land (軍用地) and generates a stable annual lease income of 376,640 yen, making it an attractive option for inheritance planning or as an income-generating asset. There are no building conditions attached to the property, offering flexibility for the owner. The land has a building coverage ratio of 50% and a floor area ratio of 100%.

According to the agent's special notes, which are critical to understanding the transaction: "Please note that if there is any discrepancy between the published information and the actual condition of the property, the actual condition takes precedence. To ensure smooth service when visiting our office, we recommend making an appointment in advance. We also offer consultations via video call, so customers from distant locations do not need to travel to our office! We can introduce many other properties as well!! For all your real estate needs—room hunting, rentals, sales and purchases, building management, apartment construction, design, construction, inheritance—please consult with Daikyo Construction Pittat House Naha Shuri Branch for total support!"

The property is situated on Iejima (Ie Island), a peaceful island accessible by ferry from the main island of Okinawa. The area is known for its relaxed pace of life, beautiful coastal scenery, and the iconic Iejima Lily fields. A major landmark and tourist attraction visible from the island is the majestic Mount Gusuku, a distinct pyramid-shaped mountain that dominates the island's landscape and offers hiking trails with panoramic views.