House for Sale in Osaka, 2-Bed Ryokan Near Tengachaya

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Shioji, Nishinari-ku, Osaka-shi, Osaka, Japan, 大阪市 ()

2 Bedrooms · 2 Bathrooms · 74m² Floor area

€36,600,000

House

No parking

2 Bedrooms

2 Bathrooms

74m²

No garden

No pool

Not furnished

Description

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 mid-October 2026. That leaves time to arrange financing, advisers and, if you plan to operate, the paperwork.

There are three realistic ways to use it:

Keep running it as a hotel or ryokan. Let it as a short-term rental for tourists and business travellers. Or convert it into a private residence, a small city base in Japan that you can lock up and leave. Accommodation use in Japan is regulated, and licences are tied to the operator and the building. Confirm with a local specialist what transfers to a new owner and what you need to apply for yourself.

Living Near Tengachaya and Shinsekai



Tengachaya Station is on the Nankai Kōya Line, and the walk from the front door takes about three minutes. From there the rail network reaches Namba, Dotonbori and Osaka Castle, along with the business and shopping districts. For guests that is a real selling point, since most visitors to Osaka plan their days around the train.

The neighbourhood mixes older and newer buildings, with local eateries and everyday shops close by. Shinsekai, with its retro streets and Tsutenkaku Tower, is the nearest landmark. Sumiyoshi Taisha Shrine, one of Japan's oldest shrine sites, and the food stalls of Kuromon Ichiba Market are both easy trips. Kansai International Airport is roughly an hour away by train, which matters if guests or owners fly in from abroad.

Buying Osaka Real Estate as a Foreign Buyer



Japan real estate is open to foreign buyers, and owning a property does not by itself give you a right to live in the country. For a small freehold building like this one, most of the work comes in due diligence: checking the building's legal use, the licence position, the condition of the structure and the real income. A bilingual agent, a judicial scrivener and an accountant are worth hiring.

Key Features



- Property type: house, currently operated as a hotel/ryokan
- Living area: 74 m²
- Plot size: 48 m²
- 2 bedrooms and 2 bathrooms
- Two-storey building, both floors in accommodation use
- Living-dining-kitchen with modern appliances and storage
- Separate shower area and dedicated washroom
- Freehold land and building
- Good overall condition
- No garden, low-maintenance compact lot
- 3-minute walk to Tengachaya Station (Nankai Kōya Line)
- Seller-quoted gross yield of 20.99%
- Expected handover in mid-October 2026

Frequently Asked Questions



Can I keep operating it as a ryokan or short-term rental?
The building is in accommodation use today, and the seller presents continued operation as an option. Licences depend on the operator and local rules, so have a specialist confirm what carries over and what you must apply for.

Can a foreigner buy a house in Osaka?
Yes. Japan does not generally restrict foreign nationals from owning real estate. Buying does not grant a visa, so plan residency separately if you intend to move.

How far is it from the airport?
Kansai International Airport is about an hour by train. Tengachaya Station is a three-minute walk from the house.

If you want to view this Nishinari-ku property or request the income figures, contact us through Homestra and we will pass your questions to the seller's agent.

Details

Amount of bedrooms
2
Size
74m²
Price per m²
€494,595
Garden size
48m²
Has Garden
No
Has Parking
No
Has Basement
No
Condition
good
Amount of Bathrooms
2
Has swimming pool
No
Property type
House
Energy label

Unknown

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This 3-bedroom house for sale in Kamakura sits a three-minute walk from Kamakura-Koko-mae Station on the Enoden line, close to the Shonan coast. It is a two-storey home in good condition, with a living-dining-kitchen, a soaking tub and a small garden plot. It works for a family, or as a second home for anyone who wants Kamakura's temples and the sea on the doorstep. ### The House: 84 m² Over Two Floors The layout is what Japanese listings call 3LDK: three rooms plus a living-dining-kitchen. The living area is about 84 m², split across two floors. That is a sensible size for a couple with a child or two, and easy to look after if you will be away for weeks at a time. The open-plan LDK is built around large windows and sliding doors, so daylight reaches deep into the room and the outside is never far away. The kitchen has plenty of counter space and fitted cabinetry. Next to it are a separate washroom and bathroom, and the bathroom has a deep soaking tub, the way a Japanese evening is meant to end. All three bedrooms have large windows. The main bedroom is big enough for a king-size bed, and one of the other rooms could just as easily become a home office or a hobby room. Built-in closets run through the house, which keeps floor space free. ### Garden, Veranda and a 110 m² Plot The house stands on a freehold plot of about 110 m² with a garden. Land is tight and expensive in Kamakura, so a plot like this gives you room for planting, a bench, bicycles or a play corner. The source material doesn't describe the garden as landscaped, so see it in person and decide what you would do with it. There is also a balcony or veranda that extends the living space outdoors. It is the natural place for morning coffee with the sea b ... click here to read more

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This house for sale in Kamakura sits on a 905 m² freehold plot in Sasame-cho, a 15-minute walk from JR Kamakura Station. Built in October 2017, the two-storey home has 116 m² of living space, three bedrooms and a private garden. Land of this size is unusual so close to a Japanese station, and it gives the house a lot of breathing room. The condition is good and the house is vacant, with handover possible from early November 2026. ### The House: Doma Entrance, Open Living Floor, Three Bedrooms You come in through a doma, the traditional earthen-floor entrance space. Here it opens straight onto an outdoor terrace. In practice it is the room where muddy hiking boots, bicycles and visitors all land before they reach the rest of the house, and it softens the step between garden and interior. The three Western-style bedrooms are on the first floor and measure 5.8, 5.7 and 5.3 tatami mats. Two of them have their own walk-in closets. There is also a separate closet and parking for bicycles and a motorcycle. The main living space is upstairs. The open living, dining and kitchen area is over 27 tatami mats and opens onto a balcony facing the surrounding greenery. The system kitchen has a pantry next to it, which makes cooking for a crowd easier. Wood flooring runs through the house. There is one bathroom, laid out the Japanese way. The bath, toilet, shower and wash basin are in separate spaces, and the toilet has a bidet function. A bathroom dryer helps with laundry in the humid summer months. ### The 905 m² Garden Plot The land is freehold, which is not always the case with Japanese property. The garden gives you room for planting, a vegetable bed or long lunches outdoors. A private drive has space for two cars. The buil ... click here to read more

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