Archive For The “Other Properties” Category

Owning a castle in Japan? A possibility or a pipe dream?

Owning a castle in Japan? A possibility or a pipe dream?

Europe is dotted with historic castles that can be bought and lived in, but what about Japan? Can you buy an authentic castle in Japan? In short – probably not. The overwhelming majority of castles in Japan are owned by either the national or local governments. Osaka Castle, for example, is owned by Osaka City while…

Sendai’s property bubble

Sendai’s property bubble

Somewhat sensationalist magazine Nikkan SPA has reported that Sendai is experiencing a property bubble brought on by the reconstruction work following the Tohoku disaster.

Golf courses converted to solar farms across Japan

Golf courses converted to solar farms across Japan

The Japanese government introduced a system whereby electric utility operators are obligated to purchase electricity produced by solar farms, and other renewable sources, at fixed prices. The system started from July 1, 2012. In order to benefit from the program, suppliers must obtain approval by the Ministry of Economy, Trade and Industry (METI). Under the feed-in…

Foreclosed Aomori shrine for just 1 million Yen

Foreclosed Aomori shrine for just 1 million Yen

The Hirosaki Toshogu Shinto Shrine in Hirosaki City, Aomori, is being put up sale as the shrine owners undergo bankruptcy proceedings. The administrators announced that they are in negotiations with a Tokyo-based real estate company to sell the main shrine for just 1 million Yen (12,700 USD).

Nagoya’s Orchid Garden to be sold

Nagoya’s Orchid Garden to be sold

The management of Nagoya’s “Ran no Yakata Orchid Garden” is under serious review and the grounds may be put up for sale as the city reviews its budget. Situated on a 1.6 hectare site, the gardens opened in 1998. In that same year, over 370,000 people visited the gardens, but by 2011 the number had…

New buyer found for Yubari Melon Castle

New buyer found for Yubari Melon Castle

“Melon Castle”, a liquor distilling facility in Yubari City, Sapporo, will be sold to a wholesale/retail company called Base Create. The facilities will be used to package and store goods. Yubari City had previously agreed to sell the facilities to another buyer, but the sale was canceled in March as the buyer did not make…

[Foreclosed] Japanese Castle in Hokkaido

[Foreclosed] Japanese Castle in Hokkaido

*NO LONGER AVAILABLE* Bidding started from 16,663,000 Yen This foreclosed property in Akabira City is a replica of a traditional Japanese castle. The 6-storey reinforced concrete structure was originally called ‘Tokugawa Castle” and was a doll museum. It was owned by the only festival doll manufacturer and supplier in Hokkaido, and the company used the…

How to buy your own island in Japan

How to buy your own island in Japan

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.

Apahome purchases Daikanyama bldg for 4.5 billion Yen

Apahome purchases Daikanyama bldg for 4.5 billion Yen

Two buildings in Daikanyama, Shibuya-ku, that were owned by Nara Prefecture were recently sold by auction. The “Daikanyama i Studio” was acquired by ApaHome for approximately 4.5 billion Yen, and the “Tsurumaki Residence” – a former housing complex for Prefecture staff – was acquired by i-nest Co. for 244.5 million Yen.

Free farmhouses for evacuees

Free farmhouses for evacuees

A new site called “Kominka Net” is providing a listing service for owners of empty Japanese farmhouses (or kominkas) to offer them free of charge as temporary accommodation to evacuees of the March 11 Tohoku Earthquake, Tsunami and Nuclear Disaster.

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