Seminar - Buying and Selling Real Estate for Foreigners in Japan

Post date: 11/19/2021

PLAZA HOMES presented a lecture on "Buying and Selling Real Estate for Foreigners in Japan" at Expat Expo Tokyo 2021.

The presentation covers topics such as buying a property in Japan, mortgages, popular areas, taxes, and comparisons with renting.

 


For Foreigners, How to Buy / Sell Real Estate in Japan


1. Purchasing Real Estate

Popular urban areas, redevelopment areas, where to be cautious when looking for property, an apartment vs a detached house, mortgages, costs, etc.

2. Renting vs Buying

Advantages and disadvantages of renting and buying, cost comparison, mortgage deduction, etc.

3. To Let Go of Real Estate

Options for selling or renting when returning to your home country or in other circumstances, as well as dealing with heirs (inheritance, renunciation of inheritance).

 

Exterior of Seta M House
Sale Property tag

This custom-built detached house was designed and built with some materials imported from overseas. The land area of 274sqm, a total floor area of the house over 300sqm, a spacious living area, plus garage with 2 parking lots. This western style residence has 6 bedrooms, 5 toilets in total, and high ceiling room brings natural light and openness. There are several international schools in the walking distance, such as Seisen, and St. Mary's International School, and Japanese public elementary and junior high schools are within 5min walking distance as well. <Remodeling History> 2007. 6 Water supply and drainage system improvement work 2010. 11 Water heater newly replaced 2016. 6 Water supply unit newly replaced 2021. 7 Home security system newly installed 2016. 8- 2023. 6 Air conditioners newly replace as needed (5 locations in total), and more

JPY430,000,000

Exterior of THE TOKYO TOWERS SEA TOWER
Sale Property tag

High-rise Apartkent in Kachidoki. Guest room, party hall, small library, theater room and other amenities and facilities. Concierge service available for miscellaneous needs.

JPY 129,800,000 - 225,000,000

Exterior of MITA GARDEN HILLS NORTH HILL
Sale Property tag
Brandnew

Mita Garden Hills is a large-scale, total 1,002-unit Minato Ward luxury condominium jointly developed by the Mitsui Fudosan Group and the Mitsubishi Estate Group. Located a 5-minute walk from Azabu Juban Station on the Toei Oedo Line and Tokyo Metro Nanboku Line, it is the first Garden Hills development in central Tokyo by the Mitsui and Mitsubishi groups in the 38 years since Hiroo Garden Hills, whose quality of the living environment has been nurtured since the completion of the project, with its lush greenery and tranquil surroundings. The project is an environmentally friendly ZEH-Oriented (expected to be acquired) project that symbolically embodies the respective brand concepts of the developers, Mitsui Fudosan Residential and Mitsubishi Estate Residence: ‘age-friendly’ and ‘live for a lifetime’. The vast site, with a planned landscaped area of approximately 7,000 square meters, is located on the former site of the Ministry of Communications, and consists of seven buildings: Park Mansion, West Hill, East Hill, North Hill, Centre Hill, South Hill and Villas. The building has a wide range of facilities including a members-only restaurant and a cafe lounge. The building also offers a wide range of services in collaboration with the Imperial Hotel, creating a high quality space and enhancing the quality of daily life. The building is scheduled for completion in March 2025. Building certification number: BCJ21 Honkenkakken 079 (dated as of 19 August 2021).

JPY 463,000,000 - 838,000,000

Exterior of WORLD TOWER RESIDENCE
Sale Property tag
Brandnew

JPY 265,000,000 - 398,000,000

Exterior of Proud Tower Shibuya
Sale Property tag
Brandnew

JPY 246,000,000