The historic holiday home of Nobel Prize for Literature winner Yasunari Kawabata in Karuizawa has been demolished this month. The town had petitioned the current owner to allow the structure to be relocated but was unable to obtain their approval.
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Back in 1973, iconic modernist architect and a founder of the Metabolist Movement, Kisho Kurokawa, built a personal holiday home in the summer resort area of Karuizawa. Now, a crowdfunding venture is underway to raise funds to restore the unique home and make it available for holiday rentals.
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Shizuoka’s hot spring resort city of Atami is seeing renewed interest from buyers looking for holiday homes they can telework from. Local agents have been seeing a rise in inquiries from potential buyers from the summertime onwards.
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With a growing number of confirmed cases of coronavirus in the greater Tokyo area and a recently-declared state of emergency, some city residents are escaping to holiday home areas. One district that has seen a resurgence in popularity is the Yatsugatake Nanroku / Tateshina Highland holiday home area.
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The winter ski resort district of Niseko in Hokkaido has been home to the highest land price increases in Japan for the past few years as it undergoes a rapid change into a high-class ski destination for Asia’s wealthy. However, the boom times may have come to a crashing halt as the novel coronavirus wreaks havoc with the tourist-dependent town.
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A Tokyo-based real estate company plans to build a number of luxury farm-style houses in Hokkaido to sell to wealthy foreigners. Sales began on September 1, with homes priced from 420 million Yen (approx. 4 million USD).
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Kyoto City is fast becoming a hotspot for out-of-towners buying holiday homes.
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Sales in a new resort project in Niseko are off to a strong start with all villa lots sold. ‘Intuition’ is a condo-hotel and holiday home resort development by Hong Kong developer Zekkei Properties.
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A waterfront district down in Kanagawa’s Miura Peninsula is being pushed as a potential luxury resort targeting wealthy foreigners. A current development proposal includes villas and high-end condominiums that could include their own berths for mega-yachts along with 20-minute access by helicopter from Tokyo. The villas could range in size from 340 ~ 1,120 sqm (3,658 ~ 12,000 sq.ft).
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There is no end in sight to the current construction boom in the ski resort town of Niseko in Hokkaido, with a number of luxury resorts and private villas under development. Spacious homes and apartments can easily fetch upwards of several hundred million Yen (several million USD). Rising construction costs and a labor shortage, however, are putting a strain on developers.
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