Higashiyama Renovation Project
About this property
A 90-year-old machiya in prime Higashiyama awaiting sympathetic renovation. Located minutes from Kiyomizu-dera, this property offers exceptional hospitality-business potential in Kyoto's most coveted district.
Investment Summary
Post-renovation valuation typically 1.4–1.8x acquisition + renovation cost. Kyoto machiya in this location see 78–85% occupancy as short-term rentals.
Renovation Potential
Full restoration estimated at ¥12–18M including structural reinforcement, modern plumbing, kitchen/bath, and heritage-compliant finishes. StayMohr manages the entire process.
Hospitality Potential
Premium-tier machiya rental commanding ¥38–55K/night. Full StayMohr hospitality setup including licensing, staffing, and guest management.
Nearby attractions
- Kiyomizu-dera (6 min walk)
- Sannenzaka (4 min)
- Gion (10 min)
- Yasaka Shrine (12 min)
Amenities
- Garden potential
- Tatami rooms
- Wi-Fi
- Kitchen
- Heritage location
Kyoto, Kyoto
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