An Expansive Private Island Development Opportunity in Okinawa's Izena Village

This listing presents a rare and substantial land parcel on the pristine, uninhabited island of Yanaha-shima in Izena Village, Okinawa. The property encompasses approximately 35,637 square meters (about 10,780.2 tsubo) of flat, undeveloped land classified as wilderness. The entire island spans a vast 110,000 tsubo, with this specific plot offering the potential for significant development. The asking price is set at 150 million JPY, with immediate possession available.

Critical development notes from the agent provide essential insights. This 10,000-tsubo plot is part of a larger 110,000-tsubo expanse and has the capacity for up to 100 structures. The island's building regulations fall outside urban planning zones and are unspecified, meaning construction is permitted. The recommended building coverage ratio is 60% with a floor area ratio of 400%, making it ideal for cottage-style development. For utilities, electricity would need to be self-generated via solar power with battery storage. Regarding water, there may be existing pipes installed by the local government in the past, but consultation with the municipal office would be required. Alternatively, filtering rainwater is presented as a viable method. Notably, a European company named Soneva is reportedly planning a resort hotel on a nearby island, indicating growing interest in the area's development potential.

The land is subdivided into 54 lots. The development plan suggests building two villas along the eastern coastline, one villa along the western coastline, with the remaining 97 villas possible inland. A key feature is the presence of a pier capable of accommodating cruiser vessels, enhancing accessibility to this remote location.