Kamogawa, Kyoto Hospitality Property Acquired
November 20th, 2017
Old World K.K. is thrilled to announce our exciting new property acquisition along the Kamogawa River, in Kyoto, Japan.
The property is a river-facing double lot that allows the construction of a small hospitality accommodation. We at Old World feel that it is perfectly positioned in alignment with our goal of presenting visitors with Japanese traditional ambiance with all the modern comforts one can expect from a modern luxury travel experience.
The area located between the scenic Kamogawa River, and Takase canal, once called Gojo-Rakuen (Gojo-Paradise), this neighbourhood enjoyed a colourful past as Kyoto's pleasure quarters until the 1950s. In the 7th century, this area gained infamy when it was the residence of Nimamoto-no-Toru, the main character in the classic work of Japanese literature Tale of the Genji.
The purchased property is located on the immediate river bank, overlooking Kamogawa river, with the mountain range behind Higashiyama district clearly visible from the front of the property.
The riverbanks of Kamogawa are prime cherry blossom and autumn leaves viewing spots, and are popular walking and cycling routes for residents and tourists. In summer, restaurants open balconies looking out to Kamo River, as they have done for centuries since the time when Kyoto was the capital of Japan. There are pathways running alongside the river, stepping stones that cross the river, as well as bridges and thoroughfares that connect the historical Higashiyaama district with modern central Kyoto.
This riverside property purchase was finalized on November 30th, 2017. The acquisition of this property is the first important step in developing a truly unique accommodation in a picturesque, yet quaint and uncrowded area of Kyoto.
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Old World K.K. helps investors and owners unlock unlimited opportunities in Kyoto’s bustling property market, without the cultural or language barriers. From research to purchase, to property development and hotel operation Old World helps clients uncover, develop and manage hospitality properties through a complete turn-key solution.
For more information on owning property in Kyoto, please email Old World KK at contact@oldworldkk.com
