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.

Exterior of Tokyu Dwell Als Jingumae
Sale Property tag

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Exterior of World City Towers Capital Tower
Sale Property tag

World City Towers Capital Tower is a big community with a total of 593 units completed in March 2007. In addition to its excellent design, which won the Good Design Award in 2007, another major feature of World City Towers is its excellent common facilities. Garbage disposal is available 24 hours a day, and there is a 24-hour supermarket, a clinic, and a daycare center. Access to Tennozu Isle Station on the Tokyo Monorail Haneda Line is a 4-minute walk away, and JR Shinagawa Station is a 14-minute walk away, but a shuttle bus service is available to ensure that you can spend a fulfilling daily life. Haneda Airport is also easily accessible, about 20 minutes by monorail. It takes only 10 minutes by car.

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Exterior of Shibaura Island Cape Tower
Sale Property tag

Located in the far south end of Shibaura Island, the redeveloped area surrounded by canals, 48 story luxurious landmark tower condominium has an impressive Tri-Star shaped configuration. The nearest JR Tamachi Station and Metro Mita Station make easy transportation access possible to Tokyo and Shinagawa Station as well as to Haneda Airport. The expansive location on the water-fronts, a promenade, plants, and trees within the area provide the house environment to feel water and green close. Concierge service at the entrance hall with an open ceiling and the common use facilities including Sky Lounge, Guest Room, BBQ Garden, Party Room, and Kids Room support everyday life of the residents. The dwelling units are 1K-3SLDK available for a wide variety of family plans. There is a convenience store on the 1st floor and are also many shops and various facilities within the area. Island-like nature with water and green and high level convenience in Central Tokyo can be enjoyed.

JPY 138,000,000 - 239,900,000

Exterior of Shibaura Island Grove Tower
Sale Property tag

Shibaura Island Grove Tower was designed and constructed by Kajima Corporation and developed by Mitsui Fudosan and other developers in November 2006. With a total of 833 units and 49 floors above ground, it is a symbolic high-rise tower condominium in Shibaura. The common areas include a garbage station on each floor, concierge service, 24-hour manned management, and an auto-lock system for security. There is a view lounge on 30F, fitness room (2F), guest room (2F), party room (1F), tennis court, and other common facilities. There is also a garden terrace where you can barbecue, and a cherry blossom plaza on the premises, creating a spacious landscape. Pets are allowed in the apartment (with detailed regulations).

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Exterior of Royal Season Minamiazabu
Sale Property tag

This is a cosmopolitan area with the Embassy of Finland and the Embassy of Iran nearby.  The National Azabu Supar and Arisugawa Park are within walking distance, and easy access to the Shirokane area is also convenient.

JPY 239,990,000