The opportunity: the Tokku Minpaku window
In the heart of Ōsaka (Chūō-ku, Tanimachi 7, a 10-minute walk from Dōtonbori), this large 3-storey house (113 m², up to 10 guests) was bought in August 2025 to seize a regulatory window. Ōsaka had an exception: the Tokku Minpaku (special-zone) licence was easy to obtain anywhere in the city, allowing 365-day Airbnb even in residential areas. After nuisances and neighbour complaints, the city decided to stop issuing them, with a ban planned for June 2026. I set up the project before the deadline to keep a now-rare licence: an asset that durably increases the property's value.
Now running on Airbnb: Guest Favorite Gold badge in 3 months, ~¥400,000 net/month. I can share all my contacts: renovation, notary, licence application, safety compliance and Airbnb management companies.
The strategy
- Seize the Tokku Minpaku window before the June 2026 ban
- Premium location: Chūō-ku, 10 min from Dōtonbori
- Large 3-storey house, 113 m², up to 10 guests
- Full renovation (bathroom, living room, garden, balcony) + furniture
- Airbnb: Guest Favorite Gold in 3 months, ~¥400,000/month net
- Rare licence = added value on resale
The numbers in detail
| Item | Amount (¥) |
|---|---|
| Purchase price (Aug 2025) | 36 000 000 |
| Agency fees + taxes | 2 000 000 |
| Works (bath, living, garden, balcony) | 4 400 000 |
| Furniture | 1 500 000 |
| Total investment | ≈ 43 900 000 |
| Net annual income (Airbnb) | ≈ 4 800 000 |
| Estimated resale value (7% net) | 68 600 000 |
| Latent capital gain | ≈ +24 700 000 |
Real deal figures. Past performance is no guarantee of future results.