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.

Foreigner’s Inheritance Measures - 5 Advantages to making a will in Japan

These days, more and more foreigners are becoming owners of real estate property in Japan. If they have Japanese spouses, their spouses may have explained to them how the inheritance system in Japan works. However, as most foreign owners bought their real estate properties in Japan not to use as th…

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Webinar Announcement: Investing in Japanese Residential Property

On May 28 (Saturday), 2022 at 11:00 AM, Masanobu Kajikawa of PLAZA HOMES, Ltd. will give a talk on "Investing in Japanese Residential Property: Is it right for you?" at an online seminar hosted by Real Estate Japan. Content of the Lecture PLAZA HOMES  ・Real estate investment in Tokyo (residential…

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Withholding Tax for the leasing of real estate owned by Non-residents

When a foreign investor or a real estate owner who does not live in Japan due to overseas assignment rents out real estate in Japan and a lessee is a corporation, the lessee shall pay 20.42% of the rent to the tax office as withholding tax, and the lessor will receive the remaining amount after wit…

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Property Taxes in Japan - Explaining Fixed Asset Tax and City Planning Tax for Non-Japanese

When you own real estate in Japan, a Fixed Asset Tax and City Planning Tax are imposed yearly. These taxes are due regardless if the owner is an individual or a corporation. A notification of the tax due is sent to the owner of the property as of the 1st of January every year. We would like to expl…

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Official Land Prices of Japan in 2022 – Tokyo’s prices see increase for the first time in 2 years both in Commercial Areas and Residential Areas

On March 22, 2022, the Ministry of Land, Infrastructure, Transport, and Tourism announced the official land prices as of January 1, 2022. The data for 2022 shows a 0.6% increase nationwide in the fluctuation of the average prices for all types of land zoning, which is an increase for the first time…

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The Brand-New "Homat Sharon" units (3-5BR) are available for RENT!

Homat Sharon - New luxury aparment for foreign exectives The new Homat Sharon was completed in June 2021 on a vast 6,085-square-meter site that included the former Homat Sharon and adjacent land to the east. It is situated in a prime location on the south side of Arisugawa Park, surrounded by the G…

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Webinar Announcement: The attraction of Tokyo property - What to check for choosing condominium

On February 19 (Saturday), 2022 at 11:00 AM, Yasuko Suzuki of PLAZA HOMES, Ltd. will give a talk on "The attraction of Tokyo property - What to check for choosing condominium" at an online seminar hosted by Real Estate Japan. Content of the Lecture PLAZA HOMES The attraction of Tokyo property   ・…

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Japan’s Real Estate Market in 2021-2022 – Annual Summary & Projections

This article is provided by Mr. Ziv Nakajima-Magen - Partner & Executive Manager, Asia-Pacific Nippon Tradings International (NTI) When Crisis Becomes the Norm If 2021 has done anything, as far as the global Covid-19 pandemic is concerned, it’s to drive home the fact that the “new normal” is al…

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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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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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