Located in the heart of Japan’s ancient history, Nara Prefecture is home to numerous UNESCO World Heritage Sites such as Todai-ji Temple and Horyu-ji Temple. The prefecture’s calm, historic atmosphere and lush natural surroundings make it a highly attractive place to live. The northern area, with excellent access to Osaka and Kyoto, has also developed as a commuter town. Centered around the prefectural capital Nara City, regional hubs include Kashihara City and Ikoma City. Investment opportunities for whole apartment buildings are mainly found in Ikoma City and western Nara City, where many residents commute to Osaka and Kyoto, as well as in central Nara City, home to Nara Women’s University. Stable rental demand is supported by students and single professionals. The Yamato-Yagi Station area in Kashihara City also attracts investor attention.
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