This house for sale in Osaka sits in Nishinari-ku, three minutes on foot from Tengachaya Station, and currently runs as a two-floor ryokan. It is a compact building with 74 m² of living space on a 48 m² plot, two bedrooms and two bathrooms. Small, yes, but that is much of the appeal. There is little to maintain, the layout is easy to manage, and the Nankai line puts the big-name districts within a short ride. The seller quotes a gross yield of 20.99% on the current hotel use, so this is an investment property in Osaka first. It can also become a private home.
### The House: Two Floors, Two Bedrooms
Both floors are currently used for the accommodation operation. Inside you get two bedrooms, a living-dining-kitchen area and several bathrooms and washrooms, which is what makes the house work for guests and would equally suit a household. The bathrooms have a separate shower area and a dedicated washroom, a practical detail when several people share the space.
The living area has large windows, so daylight reaches the main room. The kitchen is equipped with modern appliances and storage, enough for a longer stay as well as a weekend visit. The building is in good condition, and the source describes regular maintenance and updates. There is no garden. On a 48 m² lot that is the trade-off for easy upkeep, and local parks are nearby for fresh air.
### Ryokan for Sale in Osaka: The Investment Case
The headline number is the 20.99% gross yield. Treat it as the seller's figure. Gross means before taxes, running costs, cleaning, platform fees and quiet months, so ask for the operating accounts and booking history before you rely on it. The property is sold freehold, covering both land and building, and the expected handover is ... click here to read more