REYADO
Chureito Pagoda with Mount Fuji in the background at dusk

REYADO · Registered M&A Support Institution · Licensed Real Estate Broker in Japan

Yes — foreigners can fully own ryokan, hotels & villas in Japan. Here is the live inventory.

Find a property that fits your plans. Explore listings with photos and prices, then ask us about the details — in English.

See 90 properties →

Request private details for a specific property, subject to disclosure permission. Financial statements require a separate NDA.

PROPERTIES

Properties we're handling now

Ryokan, hotels and whole-building rentals across Japan, from around ¥60M. Off-market properties are opened to you privately as soon as you register. Financials (P&L and balance sheet) are provided at no cost once an NDA is signed.

Show prices in:

The binding price is in JPY (¥). USD figures are indicative, converted at a reference rate as of 2026-09-29, and do not guarantee any amount.

Whole-property accommodation — Kawaguchiko · Fuji Five Lakes
Real photo, blurred to protect the seller. Register to see it.
Off-marketNEW
View details →
Kawaguchiko · Fuji Five Lakes
Whole-property accommodation
ASK

Two operating holiday villas

Approx. 10-min walk from Kawaguchiko Station

Annual revenue JPY 20–25 million (June 2025–May 2026, seller-provided; not profit)

Nearly newOperatingRevenue figures on file

Asking price · Buyer guide PDF · Interior videos · Original photos
Shared privately by email. No additional NDA for the guide or videos.

Your preferred time is a request; we confirm it after coordinating with the property.

Ryokan — Tokyo1/5
Public
View details →
Higashi-Mukojima 4-chome, Sumida, Tokyo
RyokanHotel/Ryokan license
¥110M · US$0.70M
To be confirmedVacant
Guest rooms
Operating status
Vacant
Annual revenue
Year built
2022

Free request · date confirmed after coordination. Financial document availability is checked individually; separate NDA required.

Ryokan — Oshiage 3-chome, Sumida, Tokyo1/5
Public
View details →
Oshiage 3-chome, Sumida, Tokyo
Ryokan
¥128M · US$0.81M
Pre-ownedOperatingRevenue figures on file
Guest rooms
Operating status
Operating
Annual revenue
¥11.5M / yr (projected)
Year built
1993

Free request · date confirmed after coordination. Financial document availability is checked individually; separate NDA required.

Ryokan — Tokyo1/5
Public
View details →
Tokyo
Ryokan
¥102M · US$0.65M
Nearly newOperatingRevenue figures on file
Guest rooms
Operating status
Operating
Annual revenue
¥11.47M / yr (projected)
Year built
2023

Free request · date confirmed after coordination. Financial document availability is checked individually; separate NDA required.

Interior — condition when photographed1/5
Public
View details →
Mukojima 2-chome, Sumida, Tokyo
Ryokan
¥500M · US$3.18M
Nearly newOperatingRevenue figures on file
Guest rooms
Operating status
Operating
Annual revenue
¥58.05M / yr (projected)
Year built
2025

Free request · date confirmed after coordination. Financial document availability is checked individually; separate NDA required.

Living and dining area — photograph from the supplied listing material1/11
Public
View details →
Oshiage 2-chome, Sumida, Tokyo
Ryokan
¥200M · US$1.27M
Pre-ownedOperatingRevenue figures on file
Guest rooms
Operating status
Operating
Annual revenue
¥23.4M / yr (projected)
Year built
1993

Free request · date confirmed after coordination. Financial document availability is checked individually; separate NDA required.

Browse all properties →

Many deals never reach public listings.

New to buying property in Japan? Start with our buying guide

The binding price is in JPY; figures in other currencies are indicative only. Off-market listings show non-identifying summaries publicly. Request details for a specific property; any personal access link opens only information approved for you. Financial statements require a separate formal NDA. Figures do not guarantee future revenue or yield. Transaction type: Brokerage (baikai).

Owner-mandated inventoryMany listings direct from the source
Success-based feesStaged payments credited
Bilingual EN / JPNationwide, end-to-end

How buying works — from click to keys

Steps 1–2 happen right here on this site, usually within days. From the viewing, we handle everything on the ground in Japan.

1

Talk to us — define your brief

Free, in English — our concierge is available 24/7, or book a 30-minute consultation. We pin down budget, areas and property type. Already found a property? Skip straight to step 3.

ON THIS SITE

2

Find the property — two routes

We propose matches to your brief — including off-market listings — as they appear. Or browse the live inventory yourself and enquire on anything that catches your eye.

ON THIS SITE

3

View it

Ask about a property that interests you. If a personal access link is issued, it opens the information approved for you. Request an on-site visit or guided video; we confirm availability and property-specific requirements. Financial statements require a separate formal NDA.

4

Close & handover

We negotiate price and terms, then coordinate licence succession, entity setup, the routine FEFTA filing and operational handover with licensed professionals.

Timings are typical, not guaranteed — each deal is different. Statutory disclosure is performed by a licensed agent.

Why buying alone is hard — and what we handle

Ownership is fully open to foreigners. The friction is practical, not legal.

The best deals are never advertised

Many of the best opportunities are off-market: owners approach us directly — and confidentially — to sell. Some properties never appear on this site at all.

✓ We handle it: available private details by email after registration and confidentiality consent. Register your criteria →

Licence & FEFTA paperwork

Operating a ryokan needs a hotel-business licence (succession or new), and foreign buyers file a post-acquisition notification under FEFTA — Japan's Foreign Exchange and Foreign Trade Act. Routine, but with a deadline.

✓ We handle it: licence path mapped before you offer. Read the guide →

Everything is executed in Japanese

Purchase agreements, the legally required disclosure, municipal filings — all Japanese-only documents.

✓ We handle it: bilingual deal execution, end-to-end.

Paying the right price for an operating business

A ryokan is a business plus real estate: financials, hidden liabilities, labour and building compliance all shape what it's really worth.

✓ We handle it: a DD menu proposed per deal — each item optional, quoted separately.

After the keys — owning from abroad

Most of our buyers don't move to Japan. The back half of the journey is covered too.

Operations

Don't want to run it yourself? We help match you with operators and management companies — or convert it for year-round rental operation.

Holding & taxes

Non-resident essentials — tax agent appointment, annual filings, remittance practicalities — guided with partner tax accountants and professionals.

Exit

When it's time to sell, the same open network works for you: we market to domestic and global buyers alike.

More than half of our deals never appear on this site

Owners bring us properties confidentially. Registered buyers are introduced first — usually before anything is published, and including properties that will never be published.

First look

New mandates go to matching registered buyers — usually before the public listing, if there ever is one.

Matches that fit

We keep sending matching properties — on- and off-market — as they surface, until one fits. No spam, only matches.

Ready when you are

Your criteria and NDA can be in place up front — so when the right one appears, you can move in days, not weeks.

Budget bandAreasCategory (ryokan / hotel / villa)Purpose (operate / invest / stay)Timeline — required (undecided is welcome)Financing — optionalWhere you're based

Unsubscribe anytime. We never share your details with third parties. Privacy policy

Not ready? Read the free guides — no email needed →

WHO YOU WORK WITH

A licensed broker, with you from first call to closing

Yohei Miyazaki, Founder of REYADO

Yohei Miyazaki

Founder · Licensed Real Estate Transaction Specialist

Before founding REYADO, Yohei worked in web marketing at Aoba-BBT — the business school founded by management strategist Kenichi Ohmae — then spent years posted overseas, in London and Miami, with an import/trading company.

Across Japan, long-running ryokan and inns are quietly disappearing — not because they have lost their value, but because there is no one to take them over. REYADO exists to connect those inns with their next owner, widening the pool of buyers from Japan to the world.

That international background and global trading experience go into bringing the appeal of Japanese inns to buyers abroad — and guiding them, in English, through a high-value transaction with many moving parts: licensing, operations, staff succession, and the financial, labor and tax due diligence — which REYADO scopes and coordinates with licensed specialists.

No pushy sales. We start by understanding your situation and advise from your side of the table.

Referrals, buyer demand and confidentiality. We receive inquiries from both buyers and sellers, including introductions from existing clients. Individual property names, counterparties and transaction terms remain confidential. Instead, we publish anonymised purchase requirements showing stated budgets, locations and property criteria. These indicate potential matches; they are not completed transactions or proof of available funds.

View current buyer requirements (Japanese)

What REYADO brings to your acquisition

Transaction structure and market value
REYADO combines licensed real estate brokerage with M&A support to compare asset, business and share acquisitions. We review market comparables, ownership, operating arrangements and the assets and obligations to be transferred.
Revenue and upside scenarios
We compare operating records with scenarios for rates, occupancy, costs and renovation investment. AirDNA informs internal analysis where short-term rental comparables are suitable; hotel projections rely primarily on property and operator records. Assumptions and investment recovery periods are made explicit; forecasts are not guarantees.
Specialists for the questions that matter
We can arrange lawyers, tax accountants, certified public accountants and labour and social insurance consultants as needed. They undertake their specialist assessments; REYADO coordinates scope, information and timing. Appointments and fees are agreed for each engagement.
A plan that reaches implementation
We help coordinate renovation and operating arrangements, due diligence and handover. Before introducing a buyer, we reconfirm current acquisition intent, funding and decision authority. The next steps, responsibilities and support scope are agreed for the property.

Fees — success-based, quoted upfront

Nothing is due until you choose a property, and staged payments before closing are credited against the success fee. No monthly charges. Every expected cost is quoted in writing before you commit.

Ryokan & hotel succession

Operating businesses (M&A-type)

Buyer: 5% + tax

Success-based, min. ¥5M — staged payments before closing are credited, so your brokerage fee never exceeds 5%. DD is a menu, not a bundle — proposed per deal, each item optional.

Whole-property accommodation

Villas operated as whole-property accommodation

Buyer: 4.5% + tax

Success-based, min. ¥5M. Includes OTA handover guidance — subject to each platform's rules — plus licence & conversion support.

Homes & condominiums

A residence or holiday home in Japan

3% + ¥60,000 + tax

Japan's statutory cap — e.g. ¥100M purchase ≈ ¥3.37M incl. tax.

Taxes, registration/judicial-scrivener costs and licence filing fees are separate and itemised in advance. Fee rates depend on deal type and are confirmed in the engagement agreement. Brokerage.

Full pricing details — property price bands & total costs →

FOR BUYERS

Looking for a ryokan, hotel or villa?

Private access by email · financial statements under a separate NDA

FOR OWNERS

Thinking of selling your inn or villa?

Confidential consultation (English / Japanese) →

Free · confidential · we bring domestic and global buyers

Why global buyers are moving now

Historical market figures from public sources — each one cited.

Overseas share of Japan hotel transactions · 12 months to Mar 2023

47%

47% of ¥494.3B in hotel deals went to overseas buyers — the highest share since 2014.

Source: MSCI Real Assets, via The Japan Times ↗

Hotel investment in Japan · 2024

¥760B ≈ US$4.8B (indicative)

▲ RECORD HIGH

The largest annual total on record.

Source: JLL, Global Hotel Investment Outlook 2025

Kyoto hotel daily rate (ADR) · May 2026

¥45,700

▲ +20.4% YoY

Room rates in Kyoto still climbing, a year on.

Source: Metro Engine / hotelbank ↗

International share of all guest nights in Japan · May 2025

27.9%

More than 1 in 4 guest nights in Japan are now international visitors.

Source: Japan Tourism Agency, accommodation survey

Figures are historical actuals from the cited public sources, current as of July 2026. Past performance does not guarantee future results. This page is general information, not investment advice or a solicitation to invest.

FAQ

Frequently asked questions

How does the process actually work, step by step?

Register your property criteria and accept the confidentiality agreement in the form; if you need help setting a budget, book a consultation. We use your criteria to check suitable properties. Request details from a property listing or reply to our email with its reference; private information is shared only where that property’s disclosure permissions allow. You can ask a question or request a viewing from a property listing or email. Financial statements are shared separately after a formal NDA and any property-specific disclosure requirements. Update your criteria anytime using the link in our emails.

What can I see before and after registering?

Public listings show the details and photos approved for public display. Anonymous off-market teasers show limited summaries. Registering your criteria helps us check suitable properties; it does not automatically unlock all private listings. Request details for a property that interests you. If an individual access link is issued, it opens the information approved for you. Access depends on each property's disclosure permissions; some photos or details may still be unavailable or awaiting confirmation. Financial statements require a separate formal NDA.

Why is a confidentiality agreement needed?

Some properties are operating businesses whose staff, guests or wider community may not know a sale is being considered. The registration form includes a confidentiality agreement protecting the property information we share. A separate formal NDA applies to financial statements and other restricted documents. Registration does not override a seller's disclosure requirements.

How do viewings work?

Use the viewing request or question link for the property, or reply to our email with its reference, two preferred dates and your time zone. Tell us whether you prefer an on-site visit or an online walkthrough. The REYADO team checks availability and any property-specific requirements with the representative before confirming the appointment. You can ask questions or express interest before requesting financial statements.

GET STARTED

Ready to invest in Japan?

Book a free 30-minute consultation. We'll discuss your goals, budget, and timeline — and tell you honestly whether we can help.

Book a free consultation

30 minutes · English · No obligation · No hard sell

info@reyado.jp·+81-50-6866-0662

Japanese page →