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.
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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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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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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What is the definition of a “Jiko Bukken” property? Guidelines for Disclosure of a Death that Occurred in a House
What is the definition of a “Jiko Bukken” property? You may have heard before, but often do not know well. The Ministry of Land, Infrastructure, Transport and Tourism has recently released “Guidelines for Disclosure of a Death that Occurred in a House by a Real Estate Broker”.These guidelines are m…
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