Prime Investment Land in Okinawa City with Stable Returns
This 82 square meter plot of land, located in Gotenshiki, Okinawa City, presents a compelling opportunity for stable asset management. The property is designated as "miscellaneous land" (雑種地) with the classification "residential land expected" (宅地見込地), indicating its potential for development. A key feature is that it is a military-use land parcel (軍用地), situated approximately 5.2km from Kadena Air Base, offering a unique investment profile within the local market.
Critical financial details from the agent's notes are fully translated: Fixed asset tax, landowner association fees, and daily pro-rated land fee adjustments are applicable. For the Reiwa 7 fiscal year, the annual land lease fee is 110,328 yen, the fixed asset tax is 10,400 yen, and the annual increase rate is approximately 1.27%. The annual landowner association fee is about 441 yen (0.4%). There is no scheduled return (返還予定: 無) of the land. All ownership transfer costs are to be borne by the buyer. The agent can also provide an estimate of initial costs upon request. Please note that the listed price (which includes the land lease fee) is calculated per square meter, and variations may occur due to rounding methods. The land lease fee, landowner association fee, and increase rate are calculated based on the Reiwa 7 fiscal year facility unit price.
The area of Okinawa City offers a vibrant mix of urban convenience and local culture. An interesting fact is that the city is home to the Okinawa Municipal Baseball Stadium, which was used as a venue for the 1998 Asian Games. For visitors and residents alike, a major nearby landmark is the Okinawa Prefectural Peace Memorial Museum, a profound site dedicated to reflecting on the history of the Battle of Okinawa and promoting peace.