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Web Seminar on Purchasing Real Estate in Japan for Foreigners

Post date: 12/24/2020

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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Exterior of World City Towers Aqua Tower
Sale Property tag
World City Towers Aqua Tower

World City Towers is a 42-storey high-rise tower condominium completed in October 2006. It consists of three towers, Aqua Tower, Capital Tower and Breeze Tower, with a total of 2,090 units (Aqua Tower: 1038 units, Capital Tower: 593 units, Breeze Tower: 459 units). The building is designed to provide peace of mind with seismic isolation and earthquake-resistant construction, and concierge services are provided with 24/7 resident management. It is a 4-minute walk from Tennozu Isle Station on the Tokyo Monorail Haneda Line, and a shuttle bus (for residents only) runs to JR Shinagawa Station for convenient living. The Aqua Tower has an aqua site pool, Jacuzzi, kids pool, training gym, fitness studio and super relaxation centre on the 2nd and 3rd floors of the Aqua Tower, while the Sky Lounge and Sky Library on the 26th and 27th floors of the Aqua Tower are fully equipped with common facilities. There are also guest rooms, home delivery boxes, 24-hour waste disposal and a 24-hour supermarket on site for daily shopping.

JPY 189,900,000 - 204,900,000

Exterior of SHIROKANE The SKY
Sale Property tag
SHIROKANE The SKY

Large Scale redevelopment project for mixed-use facilities including SHIROKANE The SKY, which is a 45-stories apartment with 1247 total units, launches at the area within a 3min walk of Shirokane-takanawa Station on Metro Nanboku Line and Toei Mita Line. Shirokane-takanawa area is having continuous evolve by the past and on-going multiple redevelopment projects. The area around Shirokane-takanawa Station is a town with various colorful shops including “Shirokane AER City” directly connected to the station. Facing a street lined with trees, there are many stylish flower shops, cafes, and restaurants. There is also a supermarket with a wide selection of imported ingredients close by, and such sophisticated and modern atmosphere brings a variety of pleasures to your everyday life.

JPY 222,000,000 - 398,000,000

Exterior of Park Court Shibuya Oyamacho The Plane Yutei
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Park Court Shibuya Oyamacho The Plane Yutei

A large-scale low-rise luxury condominium apartment with a configuration of 3 buildings with 4 floors and 131 unit rooms in total. It stands in old high class residential town of Oyamacho, Shibuya-ku whose quiet living environment surrounded by lush greenery attracts many people. 3 stations and 3 lines including Yoyogi-Uehara Station are within walking distance and many shops around the stations provide convenience for living. Within the large premises of 6000m2 three residence buildings and a garden are located, and in the garden water features and plants are arranged to create a restful community in harmony with nature. High grade shared facilities and services include 3 different lounge spaces and front desk services. Dwelling units are 2LDK-4LDK for various lifestyles and family plans. Full range of high grade and popular room equipment and solid security system support and protect comfortable and peaceful everyday life of the residents.

JPY 328,000,000

Exterior of Capital Mark Tower
Sale Property tag
Capital Mark Tower

Capital Mark Tower, vibration-controlled 47 storied with 1 basement levels structure, total number of the units 869, was completed in October 2007, developed by 4 companies including Tokyu and Mitsubishi, and built by Kajima. This high-rising condominium is located 8min walk from Tamachi stn. on JR lines, and 9min walk from Mita stn. on subway Toei Mita line. There are ongoing redevelopment project surround Tamachi and Shinagawa area, and office / commercial complex buildings and residential high-rise condominiums to be completed. ◆Full common facilities that big community can ooffer◆ Concierge service, and 24-hour manned security management. Security system Guest room with Jacuzzi (25F) Capital Sky Lounge (24/ 25F)　 Fitness room (2F) Garden Lounge (2F) Party room (2F) Kids' room (2F) AV theatre (2F) Convenience store (2F) Dust stations on each floor (24h rubbish disposal) Delivery boxes Pets friendly Carriage porch

JPY 188,000,000

Exterior of Proud Tower Shibuya
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Brandnew
Proud Tower Shibuya

JPY 264,000,000

Exterior of City Tower Azabu-juban
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City Tower Azabu-juban

City Tower Azabu Juban, a high-rise tower residence. Symbolic tower condominium in Azabu Juban, 4-minute walk to Azabu Juban Station, in the highly promising Minato Mita district, which is undergoing redevelopment. Formerly sold by Sumitomo Fudosan, constructed by a joint venture between Shimizu and Okumura Construction. Within a 15-minute drive to Shinjuku, Otemachi, and Shinagawa. The building has a seismic damping structure that reduces shaking during earthquakes.　A guest room, a top lounge with an atrium, a car porch entrance, a concierge service, 24-hour manned management, and other common facilities as well as the latest security are attractive.

JPY 300,000,000 - 628,000,000

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