Revival of Old Apartments for Vacation Rentals
COMPASS STAY, operated by Compass Corporation, has recently launched its first vacation rental property, the
Living Stay Plum Residence, in Ota, Tokyo. This initiative not only modernizes an aging building but also taps into the lucrative vacation rental market.
Overview of Living Stay Plum Residence
The Living Stay Plum Residence is housed in a 39-year-old apartment building, originally constructed in September 1986. After its previous long-term rental occupants vacated, the property underwent extensive renovations to transform it into a comfortable vacation rental. Equipped with a complete kitchen and washing machine, guests can enjoy a homely atmosphere, making their stay as convenient as possible.
The strategic location of this property, with excellent access to Haneda Airport and Shinagawa, appeals particularly to inbound tourists, expatriates returning home temporarily, and those looking for long-term accommodation options.
Unique Aspects of Special Zone Vacation Rentals
This property is classified under the special zone vacation rental category, allowing it to operate year-round without the typical restrictions imposed by the Residential Lodging Business Act, which limits stays to 180 days each year. By utilizing this designation, the Living Stay Plum Residence is free to host guests for consecutive days as required, enhancing its appeal and revenue potential.
Ota City’s designation as a national strategic special zone enables it to cater effectively to a variety of lodging needs for both domestic and international travelers.
Innovative Revenue Management by COMPASS STAY
COMPASS STAY employs advanced demand forecasting techniques based on the property’s location and seasonal trends. In addition to this, a dynamic pricing model is utilized, responsive to booking trends and market conditions. This ensures that rental prices are optimized to maximize occupancy and revenue. In fact, within just one month of opening, the Living Stay Plum Residence achieved double the rental income compared to that of traditional leasing.
The dedicated revenue management team continually adjusts pricing strategies based on up-to-date analysis, significantly boosting average daily rates and overall occupancy.
Explore the Living Stay Plum Residence
As a potential host or property owner interested in maximizing rental yield through vacation rental services, reaching out to COMPASS STAY may lead to fruitful discussions about your asset's potential.
Property Details
- - Name: Living Stay Plum Residence
- - Type: Special Zone Vacation Rental Facility
- - Age: 39 Years
- - Area: (Rooms 303, 402) 31.89m²; (Room 405) 21.66m²
- - Capacity: Up to 5 Guests
- - Address: 6-13-16 Omorinishi, Ota, Tokyo
- - Access: 4-minute walk from Keikyu Main Line ‘Umeyashiki’ Station
- - Opening Date: July 18, 2025
For booking inquiries, check out:
Supporting Entities: Living Center and Compass Corporation
The Living Center, based in Ota, Tokyo, is a leading property management firm focused on rent management, trunk room operations, coin laundry, and vacation rentals. With 20 million yen in capital, they manage the Living Stay Plum Residence.
Likewise, Compass Corporation's mission is to lead and promote Japanese tourism, ensuring the cultural heritage is passed on to future generations. Their range of services includes rental operations, optional tours, kimono rentals, tourism consulting, and operating a guide community alongside various media.
For further inquiries into property management or collaboration opportunities, feel free to reach out.
Living Center:
Website
Compass Corporation:
Website
Let’s transform your property into a valuable asset through the growing vacation rental market!