LICENSED BROKERAGE — LICENCE (1) NO. 33154 · KANAGAWA, JAPAN
Yes — foreigners can fully own ryokan, hotels & villas in Japan. Here is the live inventory.
No visa required. Freehold title. Browse listings with photos and prices, request full details online — we handle everything on the ground in Japan, in English, through licence succession and closing.
Questions answered 24/7, in English. A licensed broker replies personally within 1 business day.
Where global buyers are looking
Onsen, ski, machiya and city — covered in one place, plus mandates nationwide.
Properties we're handling now
Ryokan, hotels and whole-building rentals across Japan, from around ¥60M. Public listings show photos and figures; off-market deals are shown as non-identifying summaries, with full details under NDA. Updated as new deals come in.
The binding price is in JPY (¥). USD figures are indicative, converted at a reference rate as of 2026-06-26, and do not guarantee any amount.
1/6
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 only; full details under NDA. Figures do not guarantee future revenue or yield. Transaction type: Brokerage (baikai).
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.
Hotel investment in Japan · 2024
¥760B ≈ US$4.8B (indicative)
▲ RECORD HIGHThe largest annual total on record.
Source: JLL, Global Hotel Investment Outlook 2025
Kyoto hotel daily rate (ADR) · May 2026
¥45,700
▲ +20.4% YoYRoom 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.
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 SITE2
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 SITE3
View it
A short NDA opens the full pack — name, figures, condition. Then view the property on the ground with our team, or by guided video if you are overseas.
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 (重要事項説明) 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: registered buyers hear about these first, under NDA. 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 (重要事項説明), 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.
Unsubscribe anytime. We never share your details with third parties. Privacy policy
Not ready? Read the free guides — no email needed →
A licensed broker, with you from first call to closing
Yohei Miyazaki
Founder · Licensed Real Estate Transaction Specialist (宅建士)
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.
Track record & discretion. Our engagements span resort and regional ryokan, hotels, and whole-house rentals across Japan. Most of this work is confidential and off-market — conducted under NDA — so we do not publish client names or deal terms. That discretion is part of the service, and the reason owners trust us with sensitive sales.
Fees — success-based, quoted upfront
You pay only when a deal closes. No retainers, no monthly charges. Every expected cost is quoted in writing before you commit.
Ryokan & hotel succession
Operating businesses (M&A-type)
Buyer: 5% + tax
Min. ¥3M · seller pays no brokerage fee. DD is a menu, not a bundle — proposed per deal, each item optional.
Whole-building rental villas
Vacation-rental / operating villas (一棟貸し)
Buyer: 4.5% + tax
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 (仲介・媒介).
FOR BUYERS
Looking for a ryokan, hotel or villa?
The current non-published list, by email · NDA online
FOR OWNERS — 売主さま
Thinking of selling your inn or villa?
Confidential consultation (EN / 日本語) →Free · confidential · we bring domestic and global buyers
Frequently asked questions
How does the process actually work, step by step?
Once we know your criteria (property type, area, budget, timeline), it typically moves through four steps: representative listings that fit are shared where available; a short, standard mutual NDA is signed before any named property or full figures are shared; after signing, we open up full details on matching current inventory — named properties, exact pricing and photos where available; and from there we typically continue flagging newly matching properties as they come to market, so you're not starting from zero each time.
What can I see before the NDA versus after?
Before signing: ward/town-level location, price band, size band, property type and condition — never a property name, exact address, street number, interior photos or financials. After signing: exact price, full address, photos where available, licence/permit details, and the option to arrange a viewing.
Why is an NDA needed before I see full details?
Many of the properties we work with are operating businesses, and in many cases staff, guests or the wider community are not yet aware a sale is being considered — the NDA protects that confidentiality and the seller's interests. We use a short, standard English-language NDA form, signed electronically via DocuSign.
How do viewings work?
After the NDA is signed and you've reviewed the full package for a property, you can request a viewing, which Yohei personally coordinates. If travel isn't practical yet, an online walk-through or deal review is also common as a first look.
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.
30 minutes · English · No obligation · No hard sell
info@reyado.jp·+81-50-6866-0662
日本語ページ →