Archive For The “Kyoto” Category

Lingerie company to start Kyoto machiya accommodation business

Lingerie company to start Kyoto machiya accommodation business

On May 30, Japanese lingerie company Wacoal Holdings announced that they will be starting an accommodation business that will feature Kyoto’s traditional machiya residences. From early 2018 onwards, the company plans to renovate old machiya into hotel-like guesthouses targeting tourists, with two or three machiya to open next year. Their goal is to manage 50 machiya over…

Kyoto is considering a tax on holiday home owners

Kyoto City is looking into introducing a tax on holiday home owners. In recent years, the number of out-of-town buyers of homes and apartments in the historic city has grown. The homes sit empty for most of the year while the owners do not provide much in the way of tax revenue, leaving locals to…

2.2 Traditional machiya houses in Kyoto are demolished each day

2.2 Traditional machiya houses in Kyoto are demolished each day

Kyoto City is losing its traditional machiya townhouses at an alarming rate, with an average of 2.2 of these symbolic houses demolished each day. On May 1, Kyoto City announced that approximately 5,600 machiya have been demolished over the past seven years. In 2016, a survey found that there were 40,146 surviving machiya in the…

First heritage de-listing for Kyoto City as 90-yr old bookstore is about to be demolished

First heritage de-listing for Kyoto City as 90-yr old bookstore is about to be demolished

Demolition of the 90-year old Heirakuji Bookstore in downtown Kyoto will begin this month as the owner can no longer afford to maintain the aging building. The building was registered as a National Tangible Cultural Property in 1998. The heritage listing will be removed due to the demolition of the structure. This is the first…

For Sale: Heritage-listed modernist house in Kyoto, c1929

For Sale: Heritage-listed modernist house in Kyoto, c1929

Price: 200,242,000 Yen (approx. 1.8 million USD) A historic modernist house located across from the Biwa Canal in Kyoto is for sale. The house was designed by architect Seigo Motono (1882-1944) and completed in 1929. This was originally built as the home of Tsuruichi Tsurumaki (1873-1942), the headmaster of what is now the Kyoto Institute of…

Kyoto hotel industry boosted by foreign tourists

Kyoto hotel industry boosted by foreign tourists

Hotel revenues and occupancy rates in Kyoto are rising thanks to the recent boom in foreign tourist numbers. Even the typical off-season months in winter and summer are now seeing strong demand for accommodation. According to the Kyoto Convention Bureau, a survey of 34 hotels catering to foreign tourists found that the hotel occupancy rate…

New apartment prices in Kyoto reach record high in 2016

New apartment prices in Kyoto reach record high in 2016

The average price of a new apartment in Kyoto City increased for the sixth year in a row, reaching 52,960,000 Yen in 2016. The city is the second most expensive region in Japan for new apartments, with Tokyo’s 23 wards in top place with an average price of 66,290,000 Yen in 2016. Prices have been…

Park Hyatt opening in Kyoto in 2019

Park Hyatt opening in Kyoto in 2019

Hyatt Hotels and Resorts is planning to open a new hotel in Kyoto. Park Hyatt Kyoto will be located within the grounds of the Kyoyamato Restaurant in HIgashiyama-ku, which is about 600 meters from Kiyomizu-dera temple. The property was originally part of the estate of a sub temple and includes a tea room established 360 years ago. Details…

Investors finding success with Kyoto’s traditional machiya

Investors finding success with Kyoto’s traditional machiya

Kyoto’s traditional machiya townhouses are a popular commodity with domestic investors looking to profit from the booming tourist industry. Machiya are appealing for their charm and character which cannot be easily replicated in new construction. The traditional architecture and relaxing interiors are also a major drawcard for tourists travelling in families or groups. The age of…

Kyoto City trying to clear up ownership of its two biggest streets

Kyoto City trying to clear up ownership of its two biggest streets

Some of the land under Kyoto’s two biggest streets, Gojo Dori and Horikawa Dori, is said to still be privately owned by various individuals. According to the city, approximately 166 land titles covering a total area of 10,000 square meters underneath both Gojo and Horikawa streets are still in private names, representing about 1% of the…

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