[Real Estate Crowdfunding Rimawari-kun] Applications for Regional Revitalization Fund Series “DOTOWN HOUSE By The Sea Vol. 7 & 8” Will Be Open on The Same Day!

SYLA Co., Ltd. (Head office: Shibuya-ku, Tokyo; CEO: Yoshiyuki Yuto), a wholly owned subsidiary of SYLA Technologies Co., Ltd. (Head office: Shibuya-ku, Tokyo; CEO: Hiroyuki Sugimoto; NASDAQ: “SYT”), will open applications for two new funds, “DOTOWN HOUSE By The Sea Vol. 7” and “DOTOWN HOUSE By The Sea Vol. 8,” in collaboration with DOTOWN Inc. (hereinafter “DOTOWN”), which aims for regional revitalization. The applications for these funds will commence simultaneously on Thursday, March 7, 2024. The offering amounts are 33.15 million yen for Vol. 7 and 33.36 million yen for Vol. 8 (66.51 million yen in total).



DOTOWN x Rimawari-kun Regional Revitalization Fund Series
The DOTOWN x Rimawari-kun Regional Revitalization Fund series is a well-received investment fund dedicated to development and revitalization of local communities. The “DOTOWN HOUSE By The Sea” series, including the previously launched “DOTOWN HOUSE By The Sea Vol. 5” and “DOTOWN HOUSE By The Sea Vol. 6,” has garnered a great response from investors.

As initially planned, the upcoming Vol. 7 and Vol.8 funds will target the remaining two buildings, following the previous two. DOTOWN and Rimawari-kun remain steadfast in the commitment to supporting regional development and revitalization by developing the Regional Revitalization Fund Series!

▼ DOTOWN HOUSE By The Sea Vol. 7
https://rimawarikun.com/customers/products/87


▼「DOTOWN HOUSE By The Sea Vol.8」
https://rimawarikun.com/customers/products/88

Previous Funds DOTOWN HOUSE By The Sea Vol. 5
https://rimawarikun.com/customers/products/85
「DOTOWN HOUSE By The Sea Vol.6」
https://rimawarikun.com/customers/products/86

Subject Property: Carefully Designed, Ideal Surfer's Houses

The subject properties are two whole buildings of newly constructed two-story wooden houses located in Ichinomiya-cho, Chosei-gun, Chiba Prefecture. The exterior of the wood-toned Surfers' Houses is designed to harmonize with the ocean stretching out in front of them. The interior is carefully designed with the various features.



Optimized for surfer’s convenience:
 Seamless access to the bathroom directly from the sea while still wet
 Water-resistant tiles that are both durable and easy to clean

Effective utilization of space:
 Thoughtfully designed, easy-to-use storage space
 Multi-functional furniture

As described above, the Surfer's House, infused with DOTOWN’s dedication and ingenuity, stands as an ideal property for those who wish to enjoy the natural environment, including surfing enthusiasts, Japanese residents, and even inbound visitors seeking to use it as a vacation rental.

Ichinomiya Area: Surf Town Offering a New Lifestyle Experience



The Ichinomiya area, where the subject property is located, sits at the southern tip of the Kujukuri Beach, which boasts some of Japan's premier surf spots, making it a vibrant surf town. With its abundance of surf points, it attracts surfers of all levels, from beginners to professionals, fostering a community spirit epitomized by the town's slogan, “The Town Growing with Surfing.” This collective effort enriches the entire region's surf culture.

In terms of transportation, it is conveniently accessible from Tokyo, being just a 60 to 80-minute drive or a 60-minute train ride on the express service. As a result, there's been a noticeable increase in residential options tailored to individual lifestyles, such as vacation homes, secondary residences, and weekend getaways. Consequently, the area is evolving into a prime destination for surfers and outdoor enthusiasts looking to relocate or establish weekend retreats.



On the other hand, Ichinomiya has a rich history as a prosperous temple town, and its numerous shopping streets, which have been thriving since long ago, are still vibrant and active. Japanese sweets using local specialties such as pears and melons, as well as fresh seafood and locally grown vegetables, are very popular not only among locals but also among visitors from other prefectures.

“DOTOWN HOUSE By The Sea” series properties reflect our desire for more people to learn about the greatness of the Ichinomiya Area, filled with numerous charms.

Funds Overview


Fund name: DOTOWN HOUSE By The Sea Vol.7
Offering amount: 33,150,000 yen
Expected yield: 4.5%
Time for distribution: Once every 6 months
Fund management period: 1 year
Type of application: Lottery
Term of application: 12:30, Thursday, March 7, 2024 – 12:00, Wednesday, March 13, 2024*
Website for application: https://rimawarikun.com/customers/products/87
*Applications may be closed early or extended depending on the number of applications received.



Fund name: DOTOWN HOUSE By The Sea Vol.8
Offering amount: 33,360,000 yen
Expected yield: 4.5%
Time for distribution: Once every 6 months
Fund management period: 1 year
Type of application: Lottery
Term of application: 20:00, Thursday, March 7, 2024 – 12:00, Wednesday, March 13, 2024 *
Website for application: https://rimawarikun.com/customers/products/88
*Applications may be closed early or extended depending on the number of applications received.

About Rimawari-kun
With the concept of “support in a new form,” Rimawari-kun is a “‘supportive’ real estate crowdfunding platform” that allows people to invest from 10,000 yen per unit in real estate that contributes to society, revitalization of local communities, and supports someone’s dreams and challenges. SYLA will continue to expand “Rimawari-kun” services to better meet the needs of its customers, while keeping in mind its concept of “social contribution, regional development, and support for someone’s dreams and challenges.”
* Rimawari-kun is the No. 1 real estate crowdfunding service in Japan in terms of registered members.
FY6/2023_Market Survey of Real Estate Crowdfunding Service Member Registrations
Research organization: Japan Marketing Research Organization

Rimawari-kun Website
https://rimawarikun.com/


SYLA Technologies Company Contact
Takeshi Fuchiwaki
Director, Chief Growth Officer
[email protected]