Nara-based Nanto Bank has set up a 1.5 billion Yen (approx. US$14 million) fund that will restore historic kominkas and convert them into tourist accommodation. Nara Kominka Machitsukuri Partners will start operations next month. The first project is a soy sauce brewery founded in the Edo period. The former storehouse will be converted into overnight accommodation.

This content is available to paid subscribers only.

Sharing information on Japan’s real estate market has been a long passion dating back 14 years. However, gathering and preparing this content takes hours and hours each week. By joining our monthly subscription service, you can access over 3,200 articles dating back 14 years. Best of all, you’ll be supporting us in our endeavor to continue to provide investors with on-the-ground, expert information.

To join our paid subscription service and access over 3,200 news articles on Japan's real estate market, please register here.

Already a paid member? Log-in using your details below.