Property Management Hints and Tips from Japan

Delivering Japanese Real Estate Information and More!

Real Estate Investment

Miyako Island – the Next Up-and-Coming City for Real Estate Investment

投稿日：2019-08-30 更新日：

Miyako Island is part of Okinawa Prefecture that is located Southwest of Okinawa and East of Taiwan.

It has an area of 158.87  km2  and a population of approximately 51,000 people.

In Miyako Island, you can find stunning coastal line and extraordinary ocean view.

With that being said, inbound tourism has been increasing in the past few years and the demand of hotels and housing has also increased correspondingly.

Airport In Miyako Island

In 2017, Mitsubishi Real Estate Services Co., Ltd. (refer to Mitsubishi below) started a renovation project on Shimoji Airtport in Miyako Island to stimulate the tourism industry.

Shimoji Airport has been an airport for flight training since 1971. Mitsubishi’s renovation plan is to turn Shimoji Airport into domestic and international terminal with mainly flights from low cost carriers such as Jetstar and Peach Aviation.

The opening of Shimoji Airport was taken place in March 2019, and is expected to further contribute to the growth of international tourism in Okinawa Prefecture.

Tourism in Okinawa

Okinawa Prefecture’s tourism is growing steadily recently. The visitors to Okinawa Prefecture outnumbered Hawaii’s visitors in 2017.

This is due to the rapid increase of tourists from Asia countries and Japanese Government’s scheme in advancing the tourism industry.

Of course, this caught many property investors’ attention which lead to a rush in the construction of hotels in Miyako Island.

Land price is also accelerating thanks to the above influences.

Hotel for Sale?

Observing the growth of tourism in Miyako Island, Art Avenue established a branch office in Miyako Island in 2017.

Art Avenue Miyakojima’s main objective is to contribute to Miyako Island’s tourism through the development of hotel business.

We are now producing a hotel and is planned to be finished this year. The hotel may be available for sale in the near future so keep in touch!

Miyako Island’s developing tourism and real estate investment is going to be the next hot topic of the town!

For more information, visit our home page

Side note.

Japan is famous for its local mascots. Each prefecture, city has its own mascot that represents the area.

Miyako Island’s mascot is a police officer named Mamoru-kun.

He is located all around the island to watch over drivers and ensure safety on the road!

Miyako Island’s Mascot – Mamoru-kun.

 


							

						


				
	
							
	

		
							
					

	
							

	

	
 

						

							-Real Estate Investment

							-, 						


					
執筆者：



										
			


					


						



     	

		
comment 
Your email address will not be published. Required fields are marked *
 
 



 


CAPTCHA

 


	

	




						
						
関連記事



							

				

																								

				

					

							Interior-Coordinator – Using Colors to Showcase your Apartment						


					

						
Have you heard of ”Interior-Coordinator”? Interior Coordinator is a professional who uses various forms of decoration such as furniture and lighting to create an aesthetically pleasing living space. While this qualification is not required in property management, the knowledge of interior design can come in handy when considering the operation of furnished rental apartments and lowering vacancy rate with home staging. Moreover, this is significatly crucial in the case of renovation. Make your property more appealing by home staging We all know the importance of first impression. It is proven that 83% of people’s first impression is determined by what they … 

					

				

			

					

				

																								

				

					

							Property For Sale【June’s Pick】- Condominium in Tokyo’s Prestigious Area						


					

						
Today’s property for sale features single condominium units in Tokyo’s most prestigious areas! Imagine living in the heart of Ginza where it only takes you a 8-minutes-walk to Kabukiza Theatre. Or waking up with a gorgeous view of both Tokyo Tower and Skytree. Besides single family homes and low rise apartments, high rise condominium can also be found in Japan, especially in the most easiest accessible areas of Tokyo. Below are some pickups of condominiums for sale! While some of them are still under construction, some are occupied with tenants.  They can be purchased for self-use or investment. Click to download … 

					

				

			

					

				

																								

				

					

							Simple and Easy Ways to Shorten Room Vacancy – Room Decoration						


					

						
Today I will be sharing some simple ways to shorten vacancy. A stylist room is definitely more attractive to tenants. Upgrading your apartment can shorten vacancy rate. However, the cost to upgrade or renovate could be expensive. Below are some ideas on how to easily and economically add value to your apartment. Wall stickers to decorate your room Instead of changing the wallpaper, consider decorating your room with stickers! This can give the room a new look and is cheap in cost. For example, allow tenants to decorate a certain side of the walls freely. (In Japan, tenants are usually … 

					

				

			

					

				

																								

				

					

							Tenant-Satisfaction and Apartment’s Appearance – 24 Hour Accessible Disposal						


					

						
Customers check not only the room, but also the common area of an apartment. According to the latest edition of tenant-satisfaction survey conducted by Recruit Sumai Company, more than half of the participants stated that they look at the condition of the common area when renting an apartment. Among the above participants, 84% of them answered that they take into consideration of the disposal station in the process of renting. The condition of the common area reflects how well a property management company is doing their job. Regardless of how nice a room can be, an unhygienic and faul smelled … 

					

				

			

					

				

																								

				

					

							Hazard Map and Real Estate Investment						


					

						
Japan is a hazard vulnerable zone. Every year, Japan gets hit by numerous natural disasters such as earthquakes, cyclones, typhoons, floods, and even volcanic eruptions. Depending on the area, the destruction of natural disasters can be more severe than that of other area. Hazard Map by Japan Government The Ministry of Land, Infrastructure and Transport has published a map showing area that are under the risk of floods, mudslides, and tsunami. This map also shows at what level the area is at risk of the above natural disasters. Below are maps showing areas near Tokyo that are under the risk … 

					

				

			

				

						
						

							

																									
NEXT

									

										The Most Desirable City to Live in Japan Yokohama