Land Investment Opportunity in Okinawa City
This listing presents a 526m² land plot for sale in Chibana 4-chome, Okinawa City. The property is priced at 28,000,000 JPY. The agent's special notes provide critical details: this is a military land plot (Camp Shields) with a high multiplier of 43 times the annual lease fee. The notes explicitly state "no scheduled return" (返還予定無し) and that the land consists of two separate titles (『2筆』). The agent suggests this could be suitable for inheritance tax planning and long-term, solid asset formation, inviting interested parties to inquire for further details.
The land is classified as military-used property, with an annual lease payment of 663,528 JPY for the fiscal year Reiwa 7 (2025). The listing is managed by Ryukyu Housing, with the information updated on March 28, 2026.
