
According to the Kyoto Shimbun newspaper, offshore investors are out in force buying up real estate in Kyoto, with property prices in the historic city considered comparatively inexpensive.
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According to the Kyoto Shimbun newspaper, offshore investors are out in force buying up real estate in Kyoto, with property prices in the historic city considered comparatively inexpensive.
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With domestic tourism recovering, luxury hoteliers are focusing their attention on the historic city of Kyoto.
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The operator of a luxury, boutique hotel in Hakone has been selected as the successful bidder for a historically significant site in Kyoto City.
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A Kyoto-based asset management and real estate company acquired a historic ryotei-style restaurant in the city’s Higashiyama district in July.
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Kyoto City is selling a 3,000 sqm site on the northern side of Nijo Castle to real estate developer Open House Co., Ltd. The developer is planning to open a low-rise hotel in 2024.
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On February 4, Hilton announced plans to open an LXR-branded luxury hotel in Kyoto. The resort will be located within the 28-acre Shozan Resort Kyoto on the site of a former bowling alley.
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The Kyoto branch of the General Association of Korean Residents in Japan (Chongryon), has been foreclosed on with public bidding to be held from February 13 ~ 20.
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The 90-year old former headquarters of Nintendo will be converted into a boutique hotel. The conversion project will see the historic building refurbished into a 20-room hotel with a restaurant, and guest gym and baths.
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Hiramatsu, a fine-dining and wedding function company, will be opening a boutique luxury hotel in Kyoto in March 2020.
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Gojo-rakuen, a former red-light district between Gojo and Kiyomizu-Gojo Stations and along the western side of Kamo River, is now a hotspot for fast-moving investors. The neighborhood is undergoing rapid gentrification into a trendy tourist district, while land values are seeing strong growth.
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