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 MITA GARDEN HILLS EAST 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 628,000,000

Exterior of WORLD TOWER RESIDENCE
Sale Property tag
Brandnew

JPY 279,000,000 - 398,000,000

Exterior of Wellith Daikanyama Sarugakucho Terrace
Sale Property tag

WELLITH Daikanyama Sarugakucho Terrace is a low-rise condominium completed in August 2024, with 4 floors above ground and 1 basement floor, and 23 units in total. WELLITH Daikanyama Sarugakucho Terrace is a luxury low-rise condominium located in a quiet residential area while the neighborhood is surrounded by fashionable select stores and restaurants. The building is characterized by its prestigious and dignified exterior. The condominium has a reliable 4-layered security system, 24-hour manned management, and security measures for peace of mind. The property is only a 4-minute walk from Daikanyama Station, making it very convenient in terms of transportation.

JPY 418,000,000

Exterior of Crest Prime Tower Shiba
Sale Property tag

Crest Prime Tower Shiba is a large-scale tower apartment with 483 units, 39 floors above ground and 2 floors below ground, built in August 2007 by Shimizu Corporation. The high-ceilinged lobby and entrance hall are impressive, with a sense of luxury and serenity. The apartment has a full range of common areas, including a fitness studio, piano hall, guest suites, sky lounge, etc. In addition, attentive concierge services provide ideal support to the residents. The location is very convenient for daily life with Lawson Kanasugibashi convenient store 120m away, Maruetsu Petit Hamamatsucho 2-chome store 400m away, and many other restaurants and cafes scattered around, which makes a life in this apartment not only convenient but also enjoyable.

JPY 185,000,000

Exterior of Lefond Nampeidai
Sale Property tag

JPY 378,000,000

Exterior of Shinagawa V Tower
Sale Property tag

This luxury condominium tower apartment has a beautiful V-shaped form. It is handy to have 'Shinagawa Grand Commons' for dining and shopping. It is directly connected to the Shinagawa Sta. with Sky Deck. It provides extensive common facilities and services such as concierge services, a sky lounge, a fitness room, etc.

JPY 169,800,000