Tokyo Real Estate News & Information

Tokyo's Property Market & Useful Tips for Property Owners

Stay informed on Tokyo land prices, redevelopment projects, taxes on Japanese real estate, real estate terms, and more. We provide useful news and information especially for foreigners (non-residents) interested in buying, selling, and owning properties in Tokyo.

Housing Loan Tax Exemption – Revision in fiscal 2022

The eligibility period for housing loan tax exemption has been extended for 4 years, while the deduction rate has been reduced to 0.7%. (Fiscal Year 2022 Tax Reform Outline released on Dec.10, 2021)  Housing Loan Tax Exemption – What will change and how? “Housing Loan Tax Exemption” is the system t…

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The Quality of Homat Series Apartments in Tokyo

Homat brand apartments are designed and built by Kowa Real Estate specifically for foreign company executives and diplomats living in central Tokyo. Since 1965, Homat rental apartments have been developed mainly around central Tokyo in areas such as Hiroo, Azabu, Akasaka, and Roppongi. These areas…

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Restoration and cleaning fee when moving out of rental housing in Japan

How much of the deposit will be refunded when vacating a rental apartment? The Lease contracts used when renting housing have a clause defining the restoration requirements for a property when moving out. Most contracts will state that “the lessee shall restore the leased property to it's original…

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Withholding tax on real estate sales by Non-residents

When a real estate property in Japan owned by a non-resident or a foreign corporation is sold, to prevent omission of report on income tax, the person who purchases and pays for the property has to pay the equivalent amount of the income tax withheld upon the transaction to the local taxation offic…

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Expat Housing in Tokyo - Renting Expat Standard Apartments

Moving to Tokyo as a foreign expat takes a lot of work to find a house and get settled. Such process involves selecting a property, area orientation, arranging a mover, all sorts of registrations, and necessary changes of all kinds. On top of that, you need to find a school and process enrollment i…

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Renting a Pet-friendly apartment in Japan

It is common practice that residential properties in Japan have very strict rules regarding the ownership of pets. These rules are decided and enforced by the building owner and or management. If you would like to have a pet or already have a pet that you would like to live with, starting your sear…

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Luxury Residential Areas in Tokyo – Branded dream areas to live in

High class residential areas in uptown Tokyo such as Hiroo, Azabu, Shoto, Akasaka, and Takanawadai are known throughout Japan as prestigious areas within Tokyo. A common feature among most of these areas is being located at the top of hills–in the center of Tokyo–with nice views in quiet living env…

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Webinar Announcement: "How to Sell Your Home in Japan - Whether You're Living in Japan or Overseas"

On January 15 (Saturday), 2022 at 11:00 AM, Kenji Kubo of PLAZA HOMES, Ltd. will give a talk on "How to Sell Your Home in Japan - Whether You're Living in Japan or Overseas" at an online seminar hosted by Real Estate Japan. Content of the Lecture PLAZA HOMES  ・When is the best time to sell real e…

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What are Off-Market Properties? - Are these good bargains, or really bargain properties?

When searching for properties for rent or sale, you may often see the messages such as "There are off-market properties!", "How to find off-market properties", etc.  However, many people may have questions such as “Is there really a real estate that is not on the market in these days when we can ea…

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Selling property in Japan as a foreigner

In Japan, foreigners can buy and sell real estate, and the procedures and taxes imposed on such selling and buying are not very different from those of Japanese people. In recent years, the number of real estate sales transactions by foreigners, including overseas investors, has been increasing, so…

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