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Web Seminar on Purchasing Real Estate in Japan for Foreigners

Poste date: Thursday, December 24, 2020

Real Estate Japan’s web seminar, “How to Buy a Home in Tokyo as a Foreigner” was held on Saturday, December 19th, 2020. One of our sales staff, Mr. Kubo participated by giving a talk on this session’s theme, “Real Estate Market Trends”.

We would like to report that this webinar was a huge success with many customers from within and outside of Japan participating.

Lecture content

This session’s “How to Buy a Home in Tokyo as a Foreigner" webinar—a popular ongoing series of seminars by Real Estate Japan—was co-hosted by PLAZA HOMES, LTD.

During the beginning of the webinar, Mr. Kitagawa of Real Estate Japan talk about the topics of procedures of purchasing real estate, the conditions and interest rates when using a mortgage loan, difference in status of residence, and tax incentives among others, in regard to foreigners in Japan.

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Following Mr. Kitagawa’s talk was Mr. Kubo of PLAZA HOMES. Mr. Kubo went into detail explaining why real estate in Tokyo is attractive based on various perspectives and data. This includes the reason why Tokyo real estate has been attracting attention from overseas investors, recent land price trends, and the amount of real estate investments in Tokyo from overseas.

In addition, he explained to what degree the spread of the coronavirus has affected Tokyo’s real estate market and how Tokyo’s real estate market is still strong and thriving. He also touched upon recent real estate market trends in Tokyo as well as looking back on the market trends over the past year.

Question-and-answer session

During the Q&A portion of the presentation, Mr. Kubo answered many questions posed by the webinar participants.

Below is an example of some of the questions asked:

About real estate management

  • Since I am not in Japan, how can I pay taxes and manage apartments?
  • How much is the management fee of PLAZA HOMES when renting out?

About property insurance

  • Is it compulsory to take out insurance?
  • What kind of insurance should I take? How much is the insurance premium?

About Lease Agreement for Investment Property

  • Can I make a request for rent increase to tenants?
  • Can I request tenants to leave in the middle of a lease contract?

For those who did not attend the seminar

For those who were unable to attend the seminar, we can provide you with an individual video link for our portion of the presentation upon request.

For further questions about real estate purchases, please feel free to contact us at sale@plazahomes.co.jp.

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Sale Property tag
Osaki West City Towers

39 story twin tower luxurious condominiums are landmark buildings. Direct connection to the station by a pedestrian deck helps easy transportation access to various areas in Tokyo, and also makes the residents comfortable for commuting in rainy days. The surrounding area is redeveloped well with complex facilities of commerce, business, and residence, inviting many restaurants, supermarkets, and stores as well as arranging many spaces of greens. In the West Entrance hall with glass wall and open ceiling a guest lounge space is arranged. The common use facilities in the two buildings such as Sky lounge, Party Room, Theater Room, Guest Room are available by coming and going through the passage connecting the buildings. High grade room equipment, the updated building security including 24 hours manned management, hotel-like front desk services all support comfortable and peaceful quality life in a tower condominium.

JPY 312,000,000

Exterior of Park Tower Shibakoen
Sale Property tag
Park Tower Shibakoen

Park Tower Shiba Koen was constructed in December 2012 by Shimizu Corporation and formerly developed by Mitsui Fudosan Residential, and is built to new earthquake resistance standards. It is a 4-minute walk from Shibakoen Station on the Toei Mita Line and a 4-minute walk from Akabanebashi Station on the Toei Oedo Line. The building is a 24-storey reinforced concrete, partly steel-framed structure with a total of 98 units and is equipped with an auto-lock system and security cameras. The building has a hotel-like internal corridor design, with a highly private approach from the lift to each unit. The building is within easy reach of Azabu Juban and Tokyo Tower in the heart of Minato Ward, as well as the large-scale commercial complex Azabudai Hills and the Tokyo Bay areas of Hamamatsucho and Shibaura, which are undergoing redevelopment.

JPY 323,000,000

Exterior of Glarsa Tokyo East
Sale Property tag
Glarsa Tokyo East

Glarsa Tokyo East is located within an 18-minute walk to Tokyo Station, and within a 10-minute walk to Hatchobori Station on the JR Keiyo Line/ Tokyo Metro Hibiya Line and Kayabacho Station on the Tokyo Metro Tozai Line/Hibiya Line, which are the nearest stations to the building. From there, it is only 3 minutes directly to Otemachi Station, the center of business, 6 minutes directly to Ginza Station, a shopping town, and 10 minutes directly to Kasumigaseki Station, lined with government offices. The location is popular among office workers with high incomes who live alone and have no shortage of food, clothing, and shelter. In addition to the 24-hour surveillance system, the common areas are equipped with security cameras, auto locks, and dimple keys to ensure the safety of women living alone.

JPY 28,000,000

Exterior of Eclair Nogizaka
Sale Property tag
Eclair Nogizaka

Eclair Nogizaka is a six-story condominium completed in February 1982 with a total of 27 units. The building has a modern exterior with a calm atmosphere based on beige tones. Nogi Shrine is nearby, providing a natural living environment. Security features include auto-locks and security cameras, so you can live in peace. The property is a 2-minute walk from Nogizaka Station on the Tokyo Metro Chiyoda Line, making it very convenient for commuting to work or school or going out by train.

JPY 398,000,000

Exterior of City Towers Toyosu the Twin
Sale Property tag
City Towers Toyosu the Twin

48 story twin tower luxury apartment located within 4 min walk of Toyosu Station. It consists of the south tower and the north tower having 1063 total units. The black-toned and gｌass-walled appearance design is eye-catching and making it as an area’s landmark. Various city functions such as to live, work, play, and study coexist in the area having good city environment based on the city planning to include seaside and lush greenery. 3 gardens around the building to enjoy seasonal plants and flowers and the grand lobby with a refined design and large space revoke a luxury resort hotel. It comes with various front desk services, abundant shared facilities, and the 5-staged solid security management to support and protect comfortable everyday life of the residents. The dwelling units offer 1LDK to 3LDK for covering various life styles of the residents. A line of the latest and functional room equipment is provided for high quality city life.

JPY 137,880,000 - 194,800,000

Exterior of Kakinokizaka 3-chome House
Sale Property tag
Kakinokizaka 3-chome House

-Large property with a total floor area of over 300m2 -Can be used as a two-family house -Has a courtyard with excellent ventilation and lighting -Unique design incorporating a lot of wood

JPY350,000,000

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