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RYOGONJI, IROKAWA

A GUARDIAN WATCHING OVER A LAND REBORN

RYOGONJI,
IROKAWA

A GUARDIAN WATCHING
OVER A LAND REBORN

250 SHARES

ACQUIRED (OUT OF 1000)

0
NO. OF INVESTORS

About location

Wakayama

Nachi-Katsuura in Wakayama Prefecture seamlessly combines natural beauty with rich history, featuring UNESCO World Heritage Sites such as Nachi Falls and the Kumano pilgrimage route. It also boasts stunning coastal vistas and serves as a prominent tuna port. Irokawa, a village within Nachi-Katsuura with a population of 300, more than half of whom are newcomers, is known for its organic farming and picturesque stone wall landscapes, appealing to those in search of tranquility.

Ryogonji temple property

Ryogonji temple is an untended property, perched atop the mountains and overlooking the quaint village of Irokawa. It exudes a maternal presence, akin to a guardian watching over a land reborn.

Since its establishment in 1857, it has been a spiritual haven for the community.

The temple, along with its distinctive stone stair construction technique, has been recognized as an important 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.

Activities

One of the highlights of Irokawa is its thriving organic farming community, which has enticed numerous settlers. Explore unique experiences such as tea leaf picking, mochi pounding, and guided trail walks with experienced wild game hunters. In Nachi-Katsuura, immerse yourself in a spiritual pilgrimage and unwind in a riverside tent sauna. Engaging with the local community promises to enhance your stay and create cherished memories that will last a lifetime.

One of the highlights of Irokawa is its thriving organic farming community, which has enticed numerous settlers. Explore unique experiences such as tea leaf picking, mochi pounding, and guided trail walks with experienced wild game hunters. In Nachi-Katsuura, immerse yourself in a spiritual pilgrimage and unwind in a riverside tent sauna. Engaging with the local community promises to enhance your stay and create cherished memories that will last a lifetime.

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)

Investment

Planned Total Investment

¥34,540,000

Number of shares

1,000 shares / ¥34,540 each

Estimated ROI

9.0% (after tax, when vacation rental is run at $610/day and 50% occupancy rate)

Schedule

  • Fundraising phase: 5/15/2024 – 6/28/2024
  • Payment period: 6/25/2024 – 6/28/2024
  • Issue of shares: 7/2/2024

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. ※ Detailed figures are provided in the documents you can download here.

Explanatory session

Please watch the video of our explanatory session online and if you have any additional questions, book an individual private meeting online with the founder via Calendly.

GET IN TOUCH

+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)

INVEST FROM AS LITTLE AS USD 225/SHARE (Up to 1000 Shares)

INVESTOR INQUIRY

Fill in this form if you are interested in acquiring PlanetDAO property

BOOK A MEETING

Join a private online session with the founder after watching the explanatory video.

DOWNLOAD DECK

Fill in this form to receive our presentation deck (PDF format) via email.

None of the information on our website (“Site”) should be construed as investment, financial, tax, or legal advice. Information on the Site has been prepared by PlanetDAO 001, Inc. (“PlanetDAO”) without reference to any particular individual’s investment goals or financial situation.Depending on the business situation, there is a possibility that dividends will not be paid to shareholders and the value of the shares may be significantly impaired. Please refer to PlanetDAO’s Terms of Service and the Statement of Important Matters for more details.

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