I receive a number of inquiries about very affordable and yet old condominiums from foreign nationals.
They don’t know much about Japanese market.
Japan is facing serious social issues including ageing society and shrinking population.
And old condominiums are facing similar realities especially in the regional areas.
I am not saying all old condominiums are risky but please do not jump at the gun only because they are cheap.
You need to carefully investigate the property and check the potential risks.
Real estates are totally controlled by the market mechanism and they are cheap for a reason.
That said, if you carefully search, you could get a relatively good investment.
(Tama river, Kawasaki city)
I have just visited a property in Kawasaki city with Indonesian investors.
It is newly built apartment with 14 studio units and fully occupied now.
Price : 110 million yen
Yield : 8.09% gross
We have got a new listing from Kawasaki city.
I have been there for viewing and photos and video clips.
It has the fantastic financing by the first class Japanese bank (subject to visa and financial background) and foreign national could be eligible for the financing by a Japanese bank .
(Inside the room)
Kawasaki (川崎市 Kawasaki-shi) is a city in Kanagawa Prefecture, Japan.
（China town in Yokohama)
New offer !
Introducing an unlisted property in Yokohama today.
It is a very good opportunity for someone looking for a small size investment in Yokohama.
The yield is attractive and it comes with the full financing.
2-storey residential apartment building.
Location : Konan-ku, Yokohama city, Kanagawa prefecture
10 mins walk to the nearest station（Keikyu line)
Gross yield (gross return on investment) before the cost : 8.65 % basis 100% occupied
and currently 100% occupied