Rising Monthly Condo Fees in Japan: What Foreign Buyers Must Understand Before Investing
Introduction
Japan’s condominium market continues to attract global investors and foreign residents, thanks to its stability, location appeal, and urban infrastructure. However, one crucial aspect is often underestimated: the monthly ownership costs associated with condominiums.
If you are considering purchasing a condo in Japan, understanding monthly management fees and repair reserve funds is essential for long-term financial planning.
What Are Condo Management and Repair Fees in Japan?
In Japan, condominium owners pay two key recurring charges aside from mortgage payments and property taxes: