Webinar Announcement: Renting Homes in Japan - Part 2

Poste date: Wednesday, January 18, 2023

On January 31 (Tuesday), 2023 at 6:00 PM, Kazuhiro Otsubo of PLAZA HOMES, Ltd. will give a talk on "Renting Homes in Japan" at an online seminar hosted by Real Estate Japan.

Content of the Lecture

・Is there any difference between Japanese and American apartment layout terms?

・What is the difference between an Ordinary leasing contract and a Fixed-term leasing contract?

・Are utilities included in rent or setting up utilities is necessary?

・What are the restoration and general cleaning fees when moving out?

・Q&A

During the Q&A session, we will answer your questions. While the seminar is free of charge, advance registration is required.

For more information and registration for the webinar, please check the following link: https://bit.ly/3ZKgMpN

Buying Land and Building a House on it - Costs of Buying Land + Building a House on it and Housing Loan

If you want to buy land and build a house on it, you will first need to pay for the land, and it is common to pay the construction cost of the house in multiple installments from the contract to its completion and delivery. Usually, housing loans are secured by a completed building and cannot be used to pay for land purchase or construction costs incurred before the building is completed. Here is a guide to the loans and their features that can be used to pay for these expenses before completion of a house.
Apartment Renovation Costs and Renovation

The cost of renovating a condominium varies depending on the scope of work, equipment, and the specifics of the renovation. Here, we provide a rough estimate of condominium renovation costs for each area of the home. Additionally, in our examples of condominium renovations, we introduce the approximate construction costs for renovating areas such as the living-dining room, kitchen, and individual rooms.
Compliance with energy conservation standards will become mandatory from April 2025. What is the impact on the asset value of real estate?

Starting in April 2025, newly built homes in Japan will be required to comply with energy efficiency standards. By 2030, the standards are set to gradually rise, aiming to meet the ZEH (Net Zero Energy House) criteria. Energy-efficient homes will be eligible for subsidies and tax incentives, allowing buyers to choose healthier and more comfortable living environments. The background and potential impact on the market are also garnering attention.
Putting Holes in Rented Apartment Walls in Japan

You may be wondering if it is allowed to drill holes in the walls of rented properties in Japan, and if so, what size holes are permitted. You may or may not be responsible for the cost of restoration of the property depending on the size of the hole. Find out how to decorate your apartment's walls, what precautions you need to take before putting a hole, and what happens if you drill or make a large hole in the walls.
The Quality of Homat Series Apartments in Tokyo

Homat apartments are one of the most famous apartments in Tokyo that are designed specifically for expats. Along with an explanation of Homat brand's apartments we have made a comprehensive list of all the Homat apartments located in central Tokyo and its suburbs.
Options for Newly built Houses

If you want to live in a newly built house, you have the choice between a custom-built house that you build yourself from scratch or a ready-built house with a fixed plan and price. In addition to degrees of freedom in the design, there are major differences between custom-built and ready-built houses, such as financial planning and the schedule for moving in, so let's review the characteristics of each.