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Suzaku Mipaku Project Floor Plan
Suzaku Mipaku Project Floor Plan

朱雀民宿 Suzaku Mipaku Project

Opportunity

The tourism boom in Japan is still climbing since Prime Minister Mr Abe took office. However, the hotel accomodation has not kept up with spiking travel demand.

This is especially severe in Kyoto, which is hindered by restrictions from city planning and regulations protecting ancient architectures in the city. This creates a tough entry barrier.The supply of suitable real estate in Kyoto is dwindling and income producing deals are getting harder to curate. But, this is where we see opportunity. 

Fresh Deal – June 2016

This is an opportunity to invest in a 4DK  vacation rental in the centre of Kyoto City. This property is ideally located with easy access to several major attractions. Hankyu Omiya Station is only 15 minutes walking distance away. 

4DK: D: This means  the property has 4 rooms with Dinning and Kitchen

Attractions Nearby:

  • Mibu Dera Temple is just 5 minutes away. Most visitors visit this temple because of the Hakuōki ~Shinsengumi Kitan (薄桜鬼 〜新選組奇譚) anime, a popular Manga series about a special police force, set during 1864-1869.
  • Gion (3.1 km East)
  • Kinkaku-ji (North)
  • Arashimaya (West).

I like the layout of this property. It is ideal, no changes required on the layout which is a big plus. Propose to create a zen garden where the existing car porch is (just next to the entrance and may be link to the family room). Please sign in to see the 360 video walk through. I would propose to install wooden wall cover throughout, and changing a modern kitchen, toilet and bathroom, we will be able to offer this affordable luxury Machiya at a attracting price per night.

Property

Property Type: 2-storey family home

Year Built: 1971

Area of Property: 79.74 m2

Land area: 61.22m2

Land Planning :  Semi-industrial area

Building Coverage Ratio: 60%

Building to Land area Ratio: 200%

Market

Kyoto Tourism Growth : 7.5% (est. since 2000)

Kyoto, Japan, has been voted as the No. 1 spot on Travel + Leisure’s Annual World’s Best list in 2014 and 2015.

While nearly 80 percent of the tourists in Japan last year were from Asian countries, nearly half of the tourists in Kyoto during the same period were from North America, Oceania and Europe. As these tourists travelled longer distance, they tend to stay longer relative to Asian travellers. This create a stronger return for investors with lower changeover rate.

Airbnb Listing in Kyoto City:

The data above includes single rooms/shared rooms in Airbnb.

Within the vicinity of the property, there are about 128 vacation rentals that are rented out as complete house/apartment. By implementing our iShinChi Super Host program, our company charges  a minimum 20,000 yen per night with 70%~80% occupancy rate. The iShinChi Super Host program focuses on targeting higher quality guests, screening and customer services.  We position ourselves as affordable luxury for travellers.

Join iShinChi Super Host Program

Sign up to get 360 videos links of this property.

360 Photo and Videos

Sign up to get 360 videos of this property. – iShinChi Management #ishinchi, #japan, #vacationrental, #travel, #investment, #kyoto – Spherical Image – RICOH THETA


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