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About location
Nachi-Katsuura in Wakayama Prefecture is a region where nature and history come together in perfect harmony. Home to UNESCO World Heritage sites like Nachi Falls and the Kumano Kodo pilgrimage route, it also offers breathtaking coastal views and is renowned as a leading tuna port. Within this area lies the village of Irokawa, a peaceful community of 300 residents, over half of whom are recent arrivals. Known for its organic farming and scenic stone wall landscapes, Irokawa is a haven for those seeking tranquility and a connection to nature.
Ryogonji temple property
Ryogonji Temple, perched high in the mountains overlooking the peaceful village of Irokawa, has long served a guardian-like presence, offering a sense of protection and renewal. Since its establishment in 1857, it has been a place of spiritual significance for the local community for decades.
The temple, along with its distinctive stone stair construction technique, has been recognized as an official Tangible Cultural Heritage site. Perched on a hill, it offers breathtaking panoramic views and, alongside Irokawa village, holds the potential to become a vibrant cultural hub within the Nachi-Katsuura region.
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Activities
One of Irokawa’s highlights is its vibrant organic farming community, which has drawn many new residents. Visitors can enjoy unique experiences like tea leaf picking, mochi pounding, and guided trail walks led by experienced wild game hunters.
In Nachi-Katsuura, you can join on a spiritual pilgrimage and relax in a riverside tent sauna. Connecting with the local community enriches your visit, offering moments that will leave you with lasting memories to cherish.
Local community
The Irokawa community is comprised of Buddhist priests, experienced farmers, skilled artisans and hunters united in their commitment to sustainability and heritage preservation.
About investment
Target Business
Business Type
Lodging Facility Management
Location
1422 Ono, Nachikatsuura Town, Higashimuro District, Wakayama Prefecture
Target Property
Ryogyoji Temple, including the living quarters and land
Built in
1857
Structure
Single-story wooden construction, tile roofing
Building Area
199m² (Main Hall only)
Partnership
Our top candidate is Sharewing Co., Ltd. which operates lodgings in temples across Japan (currently 11 temples as of 2022), as our primary candidate for managing the lodging facilities. Sharewing Co., Ltd. has utilized the Takayama Zenkoji Temple in Hida Takayama, creating a successful case of continuously full bookings primarily from inbound tourists from the overseas.
+9%
Expected ROI when vacation rental is run at $610/day and 50% occupancy rate
34,540￥
INVEST FROM AS LITTLE AS USD 225/SHARE
(Up to 1000 Shares)
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