Japan heritage site sells at auction for 35 million Yen
The historic Goto Textile factory in Gunma Prefecture was up for public foreclosure auction earlier this year and appears to have found a buyer.
Historic ryokan in Gunma to be demolished this month
The Kazawa-kan Ryokan in Tsumagoi, Gunma, is scheduled to be demolished in the coming months. The traditional inn suffered serious damage due to a landslide caused by the Typhoon Hagibis in October 2019. Facing an astronomical repair bill and with the recent pandemic decimating the local tourism market, the 4th-generation owner made the difficult decision to cease operations.
Now you can rent a 26-room town hall for US$2500
The former Myogi Town Office Building in Gunma Prefecture is up for rent for 275,000 Yen/month (approx. US$2500).
Singapore investor makes headlines after buying forestry in Gunma
An investor from Singapore has been the subject of an article in the Yomiuri newspaper after purchasing 44 hectares of forestry in Gunma Prefecture. The land, which is near the source of the Agatsuma River in Tsumagoi Village, was purchased by the investor in September 2011.
An employee from the Tokyo-based real estate agency that brokered the sale said the purchase formed part of the buyer's overall investment plan, but there was no indication that the buyer was after a water source.Read more
Gunma also targeting foreign buyers of forestry
On February 8, the Gunma prefectural governor held a press conference to announce that they are considering introducing regulations to help preserve the forestry and natural water sources in the area.
This follows on from similar movements by other prefectural governments, including Hokkaido and Saitama, who are starting to monitor the purchase of large tracts of forest by foreign buyers.Read more
Brick warehouse in Gunma at risk of demolition
A 90 year old red-brick warehouse built during the Taisho period in Ora Town, Gunma, is at risk of being demolished in the near future.
The building was once used in the production of "nakanogasuri" - a style of cloth-weaving dyed with wooden patterns, and is now owned by the JA Oura Tatebayashi Agricultural Cooperative (JA). The warehouse suffered structural damage during the Tohoku earthquake and the owner has expressed intent to demolish the structure.Read more
Gunma Golf Course For Sale
Price: 150,000,000 JPY
Size: 664,690 sqm
SOLD
A par-72, 18 hole hillside golf course is for sale in Gunma Prefecture. The property is spread over 66 hectares and is a 2 hr drive west of Tokyo.
The grounds include a 4-storey clubhouse / hotel with an interior size of 5697sqm (61,300 sqft) and 37 rooms that can accommodate 150 guests. The golf club officially closed down in 2007 and has not been maintained since then.Read more