Kyoto machiya popular with foreign buyers
According to the Urban Research Institute Corporation, foreign corporations acquired 1.2 billion Yen of real estate in Japan in 2014, 2.8 times higher than the figure in 2013. This accounted for a little over 20% of the value of all transactions nationwide.
While most of the foreign investment is centred in Tokyo, Kyoto is also attracting some foreign buyers.Read more