Land for Sale in Chatan, Okinawa with Shared Ownership and Annual Lease Fee
This listing is for a 20.05 square meter plot of land located in the Chatan district of Okinawa Prefecture. The property is classified as 'zasshuchi' (miscellaneous land) and is situated in a prime location very close to National Route 58. The land is being offered for sale at a price of 1,501,000 yen.
Critical agent notes provide essential details regarding the ownership and financial obligations of this land. The property is held as a shared ownership of 1/20th (0.05) share. There is an existing annual land lease fee of 35,747 yen (for the Reiwa 7 fiscal year, i.e., 2025). The seller will not settle any outstanding land lease payments. The seller will, however, bear the burden of the fixed asset tax, which amounts to 4,395 yen (for Reiwa 7). The land is designated as '宅地見込地' (land projected for residential use).
