Asakusa (Taito)

Asakusa is the Tokyo of a hundred years ago, still beating in the present. Through the lantern-hung Kaminarimon gate, the souvenir stalls of Nakamise-dori lead to Sensoji, the capital's oldest temple, and the surrounding shitamachi streets keep the textures of old Edo alive, tempura counters, craft workshops, the fake-food and kitchenware emporiums of Kappabashi, and the cherry-lined banks of the Sumida River beneath the Skytree. This heritage is now a powerful economic engine. Record inbound tourism has made Asakusa one of Tokyo's most visited districts and a hotspot for hotels, serviced apartments and legally licensed short-stays. For investors, the district offers some of central Tokyo's most attractive tourist-driven yields, with the important caveat that those returns hinge on short-stay regulation, currency swings and the ebb and flow of inbound travel.

Asakusa (Taito) in Tokyo, Tokyo Prefecture, Japan