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 Grand Suite Azabudai Hilltop Tower
Sale Property tag

Luxury tower residence on Azabudai hill with a view of the Tokyo American Club below. The redevelopment site of Mori Building's Toranomon and Azabudai project is just in front of the building. So, it’s located in a truly remarkable area. 24-hour manned management. Garbage dumpster on each floor. Common facilities: 26th floor Sky Lounge, 4th floor Lounge, 1st floor Guest room.

JPY 140,000,000

Exterior of BRANZ Shibuya Sakuragaoka
Sale Property tag

JPY 428,000,000 - 998,000,000

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 423,000,000 - 838,000,000

Exterior of WORLD TOWER RESIDENCE
Sale Property tag

JPY 218,000,000 - 550,000,000

Exterior of Premist Nanpeidai
Sale Property tag

JPY 348,000,000

Exterior of Park Court Azabujuban the Tower
Sale Property tag

It is one of the Park Court branded luxury condominium apartments sold by Mitsui Fudosan Residential Co.,Ltd. Completed by Taisei Corporation. It is surrounded by busy and active Roppongi area, urban constructions such as Tokyo Tower and Tokyo Midtown, and rich nature of Arisugawa-no-miya Memorial Park within a walking distance. Hotel-like front desk services and common facilities such as guest rooms and various lounges are attractive. The dwelling units are mostly from 1LDK to 3LDK having 440 units in total. There are many embassies in the neighborhood giving very international atmosphere to the area. Azabujuban Shopping Street, where many old and modern stores are coexisting along sophisticated townscape, is within a living area. Supermarkets are close and support everyday life in the area. The refined locality and nicely designed facility give it the impression of Mansion House beyond the ordinary condo image making high quality urban life possible.

JPY 348,000,000 - 568,000,000