Sukune Island in Hiroshima Prefecture sold at public auction to a private bidder for 7,788,800 Yen. The price was a little over 3 times the evaluation price set by the court. A total of 10 bids were made on the 7400 sqm island. The winning bidder is the manager of a rental apartment building in…
Posts Tagged “Japan Islands for Sale”
Sukune Island will go up for public auction in February. The uninhabited island was featured in the internationally acclaimed 1960 film ‘The Naked Island‘. The director, Kaneto Shindo, passed away in 2012 and associates and fans of the actor are looking for donations to purchase the island to honour his memory.
Japan is said to have over 6,852 islands, of which 430 are uninhabited. With the exception of the disputed islands, Japanese islands are typically freehold and can be purchased and sold by private individuals.