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 Minami-aoyama Park Mansion
Sale Property tag

Minamiaoyama Park Mansion is one of Park Mansion branded apartments, which was built in 1981 and sold by Mitsui Fudosan Co., Ltd. It is located in "7 Chome, Minami-Aoyama" which belongs to the school district of "Seinan Elementary Schoo" and "Seinan Junior High School". It is close to the area’s shopping streets of "Omotesando" and Kotto-dori Avenue, and within walking distance of the major areas in Shibuya-ku such as "Hiroo" and "Ebisu" as well as the area under redevelopment around "Shibuya" Station and "Roppongi Hills". The seismic reinforcement work was completed in the end of August 2021, therefore, it is possible to issue a certificate of compliance with the seismic standards (called Taishin kijun tekigou shoumeisho), which is necessary for tax reductions such as mortgage loan deduction, registration and acquisition tax (separate issuance fee is required).

JPY 199,900,000

Exterior of TOWER TERRACE Meguro Aobadai
Sale Property tag

JPY 145,000,000 - 159,900,000

Exterior of BAY CREST TOWER
Sale Property tag

Baycrest Tower is a tower apartment with a total of 594 units built in August 2005, located in Konan 3-chome, Minato-ku, Tokyo. It is located about a 13-minute walk from Shinagawa Station on the JR Yamanote and Keihin Tohoku Lines. The hotel-like entrance creates a high quality and relaxed atmosphere. In addition, the common areas, such as the front desk concierge service, fitness studio, and sky lounge, are well-equipped for a comfortable stay. It is about 260m to Lawson Konan 3-chome, about 350m to Family Mart Konan 4-chome, about 350m to Konan Ryokusui Park, and about 350m to Saizeriya Konan Junior High School Mae.

JPY 116,000,000

Exterior of Gardenhouse Shonan
Sale Property tag

Construction was completed in March 1987. It is a part of townhouses consisting of 20 units. Each unit has a private garden, which can be used just like a detached house. Some units also come with a private rooftop terrace. One parking space is available and is free of charge. Pets are allowed (subject to restrictions in the management agreement). 17 minutes’ walk from Kugenuma Kaigan Station on the Odakyu Enoshima Line. 10 minutes’ bus ride + 8 minutes’ walk from Tsujido Station. 10 minutes’ walk from Kugenuma Kaigan Beach. 10 minutes’ drive from Terrace Mall Shonan.

JPY 39,800,000

Exterior of Galleria Grande
Sale Property tag

Located in "Ariake" which is remarkably developed in Bay Area. 7 min walk from Ariake-tennis-no-mori Station on the Yurikamome Line. It is a high class tower condominium apartment which has nicely and functionally designed facilities and equipment. You can enjoy everyday life relaxed in the town with a city function, sea, and nature.

JPY 113,000,000

Exterior of GEO MINAMIAOYAMA
Sale Property tag

JPY 228,900,000