Tokyo Real Estate News & Information
Tokyo's Property Market & Useful Tips for Property Owners
Stay informed on Tokyo land prices, redevelopment projects, taxes on Japanese real estate, real estate terms, and more. We provide useful news and information especially for foreigners (non-residents) interested in buying, selling, and owning properties in Tokyo.
The Jonan Gozan - 5 hilltop brand residential areas in Tokyo
The Jonan Gozan (go= five, zan= mountain) is a term used to define the 5 hilltop areas in the Jonan (Jo= castle, nan= south) district of Tokyo - the area from Meguro Station to Shinagawa Station. The 5 mountains are respectively: Ikedayama, Gotenyama, Shimazuyama, Hanabusayama, and Yatsuyama. Each…
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Housing Loan Tax Exemption – Revision in fiscal 2022
The eligibility period for housing loan tax exemption has been extended for 4 years, while the deduction rate has been reduced to 0.7%. (Fiscal Year 2022 Tax Reform Outline released on Dec.10, 2021) Housing Loan Tax Exemption – What will change and how? “Housing Loan Tax Exemption” is the system t…
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The Quality of Homat Series Apartments in Tokyo
Homat brand apartments are designed and built by Kowa Real Estate specifically for foreign company executives and diplomats living in central Tokyo. Since 1965, Homat rental apartments have been developed mainly around central Tokyo in areas such as Hiroo, Azabu, Akasaka, and Roppongi. These areas…
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Withholding tax on real estate sales by Non-residents
When a real estate property in Japan owned by a non-resident or a foreign corporation is sold, to prevent omission of report on income tax, the person who purchases and pays for the property has to pay the equivalent amount of the income tax withheld upon the transaction to the local taxation offic…
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Renting a Pet-friendly apartment in Japan
It is common practice that residential properties in Japan have very strict rules regarding the ownership of pets. These rules are decided and enforced by the building owner and or management. If you would like to have a pet or already have a pet that you would like to live with, starting your sear…
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Webinar Announcement: "How to Sell Your Home in Japan - Whether You're Living in Japan or Overseas"
On January 15 (Saturday), 2022 at 11:00 AM, Kenji Kubo of PLAZA HOMES, Ltd. will give a talk on "How to Sell Your Home in Japan - Whether You're Living in Japan or Overseas" at an online seminar hosted by Real Estate Japan. Content of the Lecture PLAZA HOMES ・When is the best time to sell real e…
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What are Off-Market Properties? - Are these good bargains, or really bargain properties?
When searching for properties for rent or sale, you may often see the messages such as "There are off-market properties!", "How to find off-market properties", etc. However, many people may have questions such as “Is there really a real estate that is not on the market in these days when we can ea…
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Selling property in Japan as a foreigner
In Japan, foreigners can buy and sell real estate, and the procedures and taxes imposed on such selling and buying are not very different from those of Japanese people. In recent years, the number of real estate sales transactions by foreigners, including overseas investors, has been increasing, so…
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What is the definition of a “Jiko Bukken” property? Guidelines for Disclosure of a Death that Occurred in a House
What is the definition of a “Jiko Bukken” property? You may have heard before, but often do not know well. The Ministry of Land, Infrastructure, Transport and Tourism has recently released “Guidelines for Disclosure of a Death that Occurred in a House by a Real Estate Broker”.These guidelines are m…
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Seminar - Buying and Selling Real Estate for Foreigners in Japan
PLAZA HOMES presented a lecture on "Buying and Selling Real Estate for Foreigners in Japan" at Expat Expo Tokyo 2021. The presentation covers topics such as buying a property in Japan, mortgages, popular areas, taxes, and comparisons with renting. For Foreigners, How to Buy / Sell Real Estate in…
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