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.
Here is the latest testimonials by American investors.
Malinda and Lee are running a manufacturing company in LA, USA
which produces the content related products.
They are looking for a property (to buy) to start the new business venture in Tokyo.
They are looking for a property in Tokyo with some work space for their manufacturing and also
usual home rooms/facility to live while they stay in Tokyo on the trip.
We took them to a property in Adachi ward, Tokyo which is northern part of Tokyo.
Let’s find out what they think of the property.
We wish them a good luck.
Let’s face it.
Kenbiya (One of Japan’s major internet web sites on the real estate property for the investment) recently announced the latest market update
for the first quarter of 2019. I am quickly sharing the summary of the report today.
Price: The average asking price
Yield :Gross yield. It is calculated as a percentage based on the property’s market value divided by the income generated by the property
(before finance cost/management cost/tax)
Overall Japan
Condominiums (one unit)
January-March 2019
Yield 7.36% (-0.45 points compared to the previous quarter)
Ave Price 15.51 million yen (+ 10.79 point )
(Niseko ski resort, Hokkaido)
Long-lasting growth ?
The Japanese government recently issued a report on the average land price in Japan.
It is announced every year and surveys 26,000 spots all over Japan.
Today I am sharing some key findings and forecast for the future.
Summary
Overall, the national average price for commercial land increased 2.8 percent and that of residential land edged up 0.6 percent.
The average price of all types of land in Japan’s regional areas (namely local areas) rose for the first time since 1992 last year
due to the influx of foreign tourists.
(Mt. Fuji and Lake Ashinoko, Hakone)
When was the last time you stretch your legs in your onsen tub ?
I recently visited Hakone for my client who resides in USA.
He asked me to search a villa in Hakone with onsen (hot springs)
Just a short trip from Tokyo, Hakone has great hot springs at the foot of Mount Fuji.
Dear readers,
We have recently launched our own YouTube Channel.
It is called ‘Japan Real Estate Investment for Foreign Investors’
The channel will post various useful information and property information for foreign people.
We hope you enjoy our videos.
If you have a question or topics you want us to pick, please let us know.
YouTube link ↓
Japan Real Estate Investment for Foreign Investors
Toshihiko Yamamoto
Real estate investing consultant and author.
Founder of Yamamoto Property Advisory in Tokyo.
International property Investment consultant and licensed
real estate broker (Japan).
He serves the foreign companies and individuals to buy and sell
the real estates in Japan as well as own homes.
He holds a Bachelor’s degree in Economics from
Osaka Prefecture University in Japan
and an MBA from Bond University in Australia
Toshihiko’s book, “The Savvy Foreign Investor’s Guide to Japanese Properties: How to Expertly Buy, Manage and Sell Real Estate in Japan”is now out on Amazon, iBooks (iTunes, Apple) and Google Play.
About the book
Amazon.com Link
Now, the real truth about the real estate market in Japan !
I am often asked about the trend of the real estate market in Japan.
The most common question is
“Is it going to come off after Tokyo Olympics in 2020 ?”
What do you think ?
It is always difficult to predict how the market will behave but we can always make some analysis.
There are a few perspectives we should focus when analyzing the market.
First, let us walk through the recent high level market trend.
Average land prices in Japan rose from a year earlier for the first time in 27 years in 2018, fueled by the increasing foreign tourists and by urban areas where redevelopment projects are ongoing.
For example, the number of foreigners who stayed overnight in Kyoto in 2017 totaled 3.53 million, a record high.
The national average of benchmark land prices as of July 1 (in 2018) rose 0.1 percent from a year earlier.
The national average of commercial land prices was stronger than the residential segments and it went up
by 1.1 percent.
A relaxing, open plan space where each person can find their own way to chill out ?
Why don’t you try Niigata ?
Niigata prefecture is renowned for beautiful mountains and skiing resorts.
In addition, since Niigata is a major production center for high quality rice, Niigata boasts many Japanese sake brands.
If you take Niigata shinkansen(bullet train) from Tokyo station, it takes only 80 mins to Echigo-yuzawa station.
From Echigo-yuzawa station, you can reach a number of delightful skiing resorts within one hour.
Happy new year 2019 ! Year of Boar.
New year has just begun and I would like to quickly review the market using some statistics.
The data always tells you the fact. How to read the data is a key for success.
It is too early to know if housing is in another bubble in Japan (I don’t think so)
It will depend on what happens with the global economy. Unfortunately, bubbles are only recognized with 100 percent certainty
in 20/20 hindsight.
The national average standard price of land
According to the government announcement, the national average standard price of land (基準地価) published in September 2018
by the Ministry of Land, Infrastructure and Transport, land lots for all uses excluding forest lands nationwide
went up by 0.1% compared with the previous year, rising for the first time in 27
years since 1991. The average rate of residential areas was down 0.3% nationwide, falling for 27
consecutive years, but the rate of declines shrank 0.3% from the previous yearRead more
Interested in high-performance Akiya (空き家, unused house or abandoned house) investment in Japan ?
Here are what you should know. If you are considering buying a akiya house, you need to know the basic knowledge of akiya investment.
There are lots of things you should know about before ever considering purchasing akiya property.
It is in your best interest to educate yourself about akiya to avoid getting into a situation that you regret.
Buying akiya can be quite useful and comfortable, but only if they are properly searched and if you share the same goals with your agent.Some investors find out akiya investment where they have purchased is not what they expected. In many cases, you’ll be disappointed to find out that the renovation cost of akiya is very expensive. There are a few options in akiya investment.But before I get into details, I want to warn you that I can’t teach you how to get rich overnight by akiya investment or find you a dream
akiya house for free near the ocean in Tokyo area. Unfortunately no house is free in Japan.