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 Catherina Mita Tower Suite
Sale Property tag

Luxurious twin tower condominium of 36 story and 28 story buildings which are landmarks near JR Tamachi Station. In the good location with 4 min walk to JR Tamachi Station and 2 min walk to Metro Mita Station, the large space of land was secured and beautiful townscape was created by arranging interlocking block pavements and plantings. In the 2-story lobby hall on the 1st floor, hotel-like space is created by interior design and equipment such as escalators and chandeliers. The common use facilities are refined and well equipped including Luxurious lounge, Library lounge, Owners studio with line-ups of audio system, and View lounge where you can enjoy night views.

JPY 147,500,000

Exterior of Lions Mansion Harajuku
Sale Property tag

JPY 64,800,000

Exterior of Park Nova Jingumae
Sale Property tag

8 story vintage condominium located in Jungumae 2 chome along Meiji Dori Street, adjacent to a famous brand clothing shop and a foreign embassy. The white based round shape appearance is impressive. Traffic convenience of 7 min walk to Meiji-jingumae Station and 8min walk to JR Harajuku Station and life convenience of the area within walk access to the towns of Omotesando, Aoyama, and Harajuku are attractive. The manager is stationed with good security management and is also negotiable for SOHO and office use. You can enjoy urban lifestyle with fulfilling weekdays and weekends in the living area where fashionable shops, restaurants, and salons gather.

JPY 56,800,000

Exterior of Yanagishima-kaigan House
Sale Property tag

Located in a seaside resort town. It takes about 1 hour from JR Chigasaki Station to Tokyo Station by train and about 30 minutes to Yokohama Station by train, and the house is a 5-minute walk to Yanagishima Beach. The shopping mall Branch Chigasaki is a 10-minute walk away. Restaurants, hospitals, banks and private tutoring schools are all within easy access. You can enjoy everything from surfing and marine sports to learning and the arts in this relaxed town. A stylish 4-bedroom house built in 1988. Solid wood flooring, The wooden deck connected to the spacious living room is attractive. From the loft you can enjoy views of Mt Fuji.

JPY89,000,000

Exterior of LEFOND libre Hamamatsucho canal marks
Sale Property tag

The property is conveniently located in the Hamamatsucho area, which is currently undergoing a large-scale redevelopment project as of 2023. In addition to offices and commercial facilities, the property is within walking distance of the Kyu-Shibarikyu Onshi Park and the Tokyo Metropolitan Takeshiba Futo Park, offering a rich natural living environment in the heart of the city, as well as a waterfront lifestyle with a view of the canal and Tokyo Bay. The building is conveniently located with access to 6 stations and 7 train lines, including Hamamatsucho Station on the JR Yamanote Line, Hamamatsucho, Monorail Hamamatsucho, Daimon, Tamachi, Hinode and Mita Stations. The Ginza and Roppongi areas are also within living distance at approximately 3 km. The building, built in January 2016, is a 14-story reinforced concrete building with a total of 52 units, designed with hotel-like interior corridors.

JPY 60,000,000 - 99,500,000

Exterior of Nishihara 3-chome House
Sale Property tag

Located between Yoyogi Uehara and Sasazuka stations.Yoyogi-Oyama Park is nearby.Around Yoyogi Uehara station, there are many supermarkets such as GAIA, Odakyu OX, Maruetsu, F&F natural food, cafes, and restaurants.So you will not have a problem with shopping. With 7 bedrooms, 4 toilets, and 2 shower rooms, this is a large property that can accommodate two families or a large family. There is a 19.8J dining room, a 24.5J living room, and a 10.2J kitchen, providing ample space.You can enjoy parties and other events on the roof top or in the theater room.

JPY2,000,000,000