What does it cost to buy a ryokan, hotel or villa in Japan?

Buyers ask two things here: what a property really costs all-in, and whether our fee is competitive. The short answer to the first: on a ¥100M listing, plan roughly ¥108–112M all-in, our fee included. The second is answered with numbers, below.

You pay only when you buy. Everything until you commit to a property — search, English financials, viewings — is free.

From listed price to all-in cost

The number on a listing is not your final number. A realistic all-in picture for a ¥100M operating ryokan acquired as a business succession:

Indicative estimate as of July 2026 — actual figures depend on the property's assessed value, deal structure and financing. Specialist due-diligence fees (below) are billed at cost only when your deal needs them. Japan has no foreign-buyer surcharge. Not a quote or a guarantee.

Typical property prices

Indicative market estimates that vary by location, scale and condition — not quotes for a specific property. We give you specific options against your budget.

How REYADO is paid

Which fee applies depends on what you are buying:

When you pay — staged, and fully credited

You pay only when you buy — nothing is due until you choose a property, and engagement and LOI payments are credited in full. Viewings are free: in the Tokyo area we meet you at the property; in regional areas such as Hakone or Lake Kawaguchi we welcome you at the nearest station and accompany you from there. English financials (P&L / balance sheet) are free for properties you're seriously considering — usually one or two at a time; if you need financials on 3+ properties at once, we'll propose an individual plan (see Property Reports →). No monthly fees, no time charges.

After each viewing, we sit down together nearby to talk it through. When you're ready to move on a property, meet us at our Marunouchi office — five minutes from Tokyo Station — or complete everything remotely after you return home: contracts, the English statutory explanation and signing are all set up for overseas buyers.

Every expected cost is put in writing during a free consultation, before you commit to anything. Fee rates depend on deal type and are confirmed in the engagement agreement.

Transaction type: brokerage (媒介). We never engage in kakoikomi; where we act for both sides, we disclose it and its terms before any agreement is signed.

Optional: a full private day on the road

Viewings of specific properties are always free. For buyers who want to cover many properties across several areas in one trip, we also offer a chartered full-day tour:

Full-Day Private Tour (chartered, multi-property)

• One full day, chartered — multiple properties, across multiple areas
• Door-to-door in a Lexus LM or the new Toyota Alphard, with scheduling and on-site interpretation arranged
• Fully credited against your brokerage fee when you purchase

From ¥150,000 / day (≈US$1,000) · individual quote

The final quote depends on the areas, itinerary and vehicle — we confirm it in writing before anything is booked, and invoice you after the quote is agreed.

Already know which property you want? You don't need this — viewings are free: in Tokyo we meet you at the property, and in regional areas such as Hakone or Lake Kawaguchi we welcome you at the nearest station.

An optional service, separate from our brokerage fee (success fee only). Transaction type: brokerage (媒介).

How our fee compares

If you are comparing, compare the options actually open to a foreign buyer. At a ¥100M acquisition, based on our July 2026 survey of publicly available fee schedules:

Why we can keep it at 5%:

Full-package intermediaries price in a fixed due-diligence apparatus whether you need it or not. REYADO scopes the due diligence your specific deal actually requires, then brings in licensed specialists — architects, tax accountants, gyōsei-shoshi, CPAs, labour specialists — whose fees you pay at cost, with no markup. You pay for judgment and coordination, not overhead.

Survey of published fee schedules and public registry data, July 2026. Some firms do not publish buyer-side rates and individual quotes vary; this is not a representation about any specific firm.

What our fee covers

• —Off-market sourcing (deals not on public portals)
• —Due-diligence scoping — we determine which checks your deal actually needs
• —Specialist orchestration — architects, tax accountants, gyōsei-shoshi, CPAs and labour specialists, brought in as needed and billed at cost (no markup)
• —Price & terms negotiation, in Japanese
• —Hotel-license succession support
• —The statutory explanation (IT-jūyō-jikō) in English, by a licensed takken-shi
• —Cross-border paperwork — domestic contact, FEFTA reporting, tax representative

Selling a ryokan or hotel? Our seller fees are success-based only — you pay nothing until your sale closes. Ask us for the fee schedule at info@reyado.jp.