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 The Parkhouse Harumi Tiaro Residence
Sale Property tag

A super-high rise tower apartment in Harumi area. It is one of the Parkhouse branded luxury condominium apartments sold by Mitsubishi Jisho Residence Co., Ltd. Completed by Kajima Corporation. There is a fountain place in the vast green premises. Concierge service and various common use facilities are arranged in the building. The room equipment is all-electrified including a bathroom heater and dryer and a floor heating in a living and dining room. The storage space is abundant in an easy-to-use layout and the balcony is spacious providing good views.

JPY 124,800,000

Exterior of Brillia Takanawa REFIR
Sale Property tag

Brillia Takanawa REFIR is a five-story condominium completed in January 2020. The property is located in a quiet residential area, with streets to the north, east, and south providing a sense of openness, and many embassies of various countries are located in the neighborhood. The entrance is located on the northeast corner, with large stone pillars that stand out. The lobby lounge is furnished with a luxurious reception set, creating a luxurious space and providing a relaxing atmosphere for residents. The basement is equipped with a storage room, and the common corridor is an inner corridor like a hotel. Brillia Takanawa REFIR is a 9-minute walk from Shinagawa Station on the Keikyu Line.

JPY 421,800,000

Exterior of THE ROPPONGI TOKYO CLUB RESIDENCE
Sale Property tag

Landmark 39-story tower condominium. Sold by Mitsubishi Jisho Residence Co., Ltd. and Completed by Taisei Corporation. .It provides residents as “Club Member” with high grade hotel-like services. The services are thorough and impressive including front desk services such as reservations of restaurants and any tickets, a valet parking and porter service of putting cars in and out, 24 hours room services, housekeeping services, etc. Public facilities are also provided such as Entrance Lounge and Fitness Gym available 24 hours and free of charge, paid and reserved Guest Suites and Sky Lounge, etc. Dwelling units are from 1R to 3LDK for wide range of dwelling plans from single to family with children supporting the premium living of the big city.

JPY 147,000,000

Exterior of World City Towers Capital Tower
Sale Property tag

'World City Towers.'' As high-end condominium complex, it is Japan’s largest project. Supermarket, banks, nursery and other ample services for residents in the complex. Shuttle bus to Shinagawa Station. Sky view lounge. Fitness center.

JPY 240,000,000

Exterior of Asahi Emblem Shirokanedai
Sale Property tag

A 4-minute walk from Shirokanedai Station, this 7-story condominium was built in 1997 and is located in a quiet residential area on the hill. The surrounding area is rich in greenery, with the Nature Education Garden and the Tokyo Metropolitan Teien Art Museum within walking distance, allowing residents to enjoy strolling around on weekends.

JPY 117,900,000 - 148,000,000