There’s never been a better time to buy real estate in Tokyo, it’s a BUYER’S MARKET. With mortgages at very low rates and the realization that Tokyo real estate prices have bottomed out (depending on location), investors in Tokyo and overseas continue to be optimistic about investing in the Tokyo market.
Residential
In addition to our expertise in sourcing rental properties for our expatriate clients, our forte is assisting investors find suitable real estate properties, be it residential, commercial or land. We always advise our clients to look at a purchase through the eyes of an investor and will perform the due dilligence necessary to ensure that the property can be leased, in the case of an investment property, with positive cash flow, and also advise you about the myriad details related to the land ownership rights which comes with any real estate purchase, management and repair reserve fees, and so forth.
As for condominiums and houses there are a number of great buys in the lower end (20~50 million yen) and this market is more attractive as the potential tenant market is much bigger (Japanese and foreign entry-level and middle manager types) and has not been hit like the expatriate-style properties (read: huge).
Commercial
The number properties for sale in Tokyo, due to current economic environment, has grown quite a bit as far as commercial properties in the last couple of years and many of these are distressed assets or those that many REITs and funds need to offload. Contact us for more details, it is a great time to buy!
We also match up sellers of land with those interested in buying and building. With extensive contacts amongst the many brokerages in Tokyo and other regions of Japan, do not hesitate to contact us if you are needing consultation with selling your property in Tokyo, be it land, condo or house.
Fees related to purchasing real estate in Tokyo:
Buyer Representation Fee – 3% of negotiated purchase price + ¥60,000 + 5% consumption tax
