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GFI Asakusa Ryokan

2 Chome Hanakawado, Taito City, Tokyo, Japan

For Sale

¥245,000,000

Property Description

A compelling investment opportunity in a prime area known for its cultural attractions and accessibility.

Licensed to operate as a Ryokan, 365 days a year, with an independent ryokan permission for each floor.


Situated in the heart of Taito City, the property benefits from proximity to major tourist attractions such as Asakusa, Senso-ji Temple, and Nakamise Shopping Street. This strategic location attracts a steady flow of both domestic and international visitors all year round.


4-Storied Building:

The structure is well-designed, offering ample space across four floors, accommodating bigger groups or per floor rental effectively.

Having a bathroom on each floor enhances convenience for guests, making it an appealing option for short-term stays or ryokan-style accommodations, as the Ryokan License registration allows the property operation, adhering to local regulations and standards, giving it an edge in attracting tourists seeking authentic experiences.


Taito City is a popular destination with a blend of traditional and modern attractions. This property’s location is ideal for hosting tourists, particularly those seeking a unique cultural experience.


The combination of a prime location and the ability to host guests under a ryokan license can provide a reliable and lucrative income stream, particularly with the rebound of tourism in Tokyo.

Proper management of the property can optimize guest satisfaction and operational efficiency. With a well-maintained building and a focus on visitor experience, the potential for repeat guests and positive reviews is significant.

The area is well-served by public transportation, making it easy for guests to explore Tokyo. This convenience is a key factor that enhances the property’s attractiveness to potential visitors.


Overall, this property at Hanakawado is not just a building; it’s an investment poised to capitalize on Tokyo's vibrant tourism market, making it an ideal choice for investors looking to enter the hospitality sector or expand their real estate portfolio.


Details


Type

House

Building size

129.59 m² / 1394.89 ft² / 39.20 tsubo

Land size

41.87 m² / 450.48 ft² / 12.66 tsubo

Land rights

Ownership

Building area ratio

80%

Floor area ratio

360%

Structure

4-story steel frame building

Year of construction

1993/3

Parking

No

Property management estimation


Yield

9.6%

Estimated annual sales

¥24,000,000

Short-term rental registration

Possible Minpaku/ Hotels and Inns Business Act


Price ¥

¥245,000,000

Price $

$1,727,322

*Currency rate when the profile

was uploaded, actual might differ

Contact Agent

Property Location

2 Chome Hanakawado, Taito City, Tokyo, Japan

Closest Station

Metro Ginza Line Asakusa Station

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