Luxury villas planned for Miura waterfront

A waterfront district down in Kanagawa’s Miura Peninsula is being pushed as a potential luxury resort targeting wealthy foreigners. A current development proposal includes villas and high-end condominiums that could include their own berths for mega-yachts along with 20-minute access by helicopter from Tokyo. The villas could range in size from 340 ~ 1,120 sqm (3,658 ~ 12,000 sq.ft).

Japan’s vacant house ratio reaches 13.6%

On April 26, the Ministry of Internal Affairs and Communications released their housing and land data as of October 2018. This survey is carried out once every five years. According to the report, the nationwide residential vacancy rate was 13.6%, a 0.1 point increase from 2013. The total number of vacant homes across Japan reached 8,460,000, an increase of 260,000 homes over the past 5 years. 

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