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 The Parkhouse Harumi Towers Chrono Residence
Sale Property tag

It is an ultra high-rise tower residence built in the seismic isolation structure, which stands in the waterfront area in Harumi. Harumi Rinkai Park is located next to the property. The shuttle buses run to and from Tsukishima and Higashi Ginza Sta. All units have a trunk room (storage). It also gets a fantastic view overlooking central Tokyo and Tokyo Bay.

JPY 149,800,000 - 249,900,000

Exterior of Parkhomes Shibuya Shoto
Sale Property tag

JPY 270,000,000

Exterior of MITA GARDEN HILLS NORTH 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 463,000,000 - 838,000,000

Exterior of Century Park Tower
Sale Property tag

The property stands in “River City 21” area situated along Sumida River, which is a little ways inland from Tokyo Bay. It offers front desk services. In addition, this hotel-like, luxurious condominium apartment provides extensive common facilities. It is in an excellent residential environment surrounded with water and greenery, in addition to having fantastic view.

JPY 143,800,000 - 219,000,000

Exterior of THE TOKYO TOWERS MID TOWER
Sale Property tag

High-rise Apartment in Kachidoki. Guest room, party hall, small library, theater room and other amenities and facilities. Concierge service available for miscellaneous needs.

JPY 179,990,000

Exterior of Azabudai Parkhouse
Sale Property tag

Luxurious condominium apartment next to Tokyo American Club, located in the hilltop area in Azabudai. It provides hotel-like facilities, spaces and services. Both exterior and interior of the building are well designed and in supreme quality. Land lease term: Until March, 2062.

JPY 219,800,000