Tag Archive for property investing

Is it a good investment ? Due Diligence For high-rise condominium buyers : What You Need to Check

High-rise condominiums sometimes meet fierce resistance from residents who believe their neighborhoods are being overwhelmed by soaring glass towers.

In Japan, a number of rich and famous are living in those high rise condominiums.
But are they really good investment ? What are the potential risks ?

The higher that buildings can stretch into the sky, the more money that developers can command for sweeping views.

Those luxury condominiums are called ‘tower mansion’ in Japan.

I know it sounds very confusing.

In Japan mansions aren’t massive houses and estates for the rich and famous.

They are conventional apartments for regular people

(manshon ~ マンション).

Japanese mansions are the equivalent of condominiums.

People buy them to live in or rent out.

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How many AKIYAS are there in Japan now ? : New survey was released

Truth to be told.

1 in 7 homes across the country is empty.

Around 5 million of Japan’s vacant homes are intended for future sale or rental.

The phenomenon is a function of a declining population and the continued pace of housing construction.

Despite being the world’s third-largest economy, Japan’s population has been shrinking since 2010.

The population is also getting older.

A new survey shows the problem is far greater than expected.

The government recently announced the new survey result about akiya (unused house)

According to the Housing and Land Statistics Survey in October 2018 announced by the Ministry of Land, Infrastructure, Transport and Tourism, the ratio of akiya (unused house)  to the total number of dwellings in the country was a record high of 13.6%

,meaning 1 in 7 homes across the country is empty.

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Controversial argument: Where are the places you don’t want to live in Tokyo ?

 

(Machida)

Moving into a new place can be an exciting yet expensive decision.

It is essential that you view the property in person as the photos may (or may not) do the property justice.

You may be able to identify issues that are not present in the photos, which may not be up to date.

Visiting the property gives you a feel for the location and the neighbourhood.

In any cities, there are some neighbourhoods where you don’t walk in the middle of night alone.

In fact, in Tokyo there is almost none.

Maybe you may feel weird if you walk on the street early in the morning in Shinjuku Kabukicho but you won’t feel

extreme insecurity.

I recently read a book written by a guy called ‘Masayoshi Osaka’. The book is called ‘Where are the places you don’t

want to live in greater Tokyo ?’  It is highly controversial and full of prejudice such as race, income and business.

He is a reasonably well-known blogger, originally from Osaka.

He is running a media company “Tokyo Deep Guide” , which is the extreme biased media.

The media shines light not on the positive side of the cities/towns in Tokyo but on the negative side.

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Good Looking New listing in Kawasaki city: Apartment with 14 units, 30 mins from Shinjuku

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.

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Testimonials by Malinda and Lee from USA  (お客様の声,米国)

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.

Where is Adachi ward ?

Let’s find out what they think of the property.

We wish them a good luck.

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必見 空き家など活用されていない不動産売却のためヒント (YouTube)

不動産コンサルタントの山本利彦です。

相続で引き継いだが活用されていない空き家不動産、古民家などお持ちではないですか?

不動産会社が取り扱ってくれない物件でも日本大好き外国人投資家が

購入するかもしれません。

まずは下記YouTubeビデオをご覧ください。

今後は英語だけでなく日本語でも情報を発信していきますので

よろしければチャンネル登録をお願いします。

Our Consultation Service
Spot consultation is available for those who are interested in buying an old Japanese property.
Spot consultation fee starts from 50,000 yen per two hours (plus tax). Consultation over Internet telephone is  possible for those who are distant from Tokyo.
If you are seriously interested in buying akiya, please contact us. Consultation fee starts from 50,000 yen per two hours (plus tax). We provide the following consulting service for akiya investment as well.
1) Akiya search service
100,000 yen (plus tax) per project. We will look for an appropriate akiya for you.
It requires time consuming process.
Finding a good akiya is not as easy as you might think.
If you buy a wrong property in a wrong location, your investment could be a disaster.
We will not search akiya for free.

 2) Contract support
   200,000 yen + tax per one property
  After you find a good akiya, you need to go through
  all the transactions including due diligence, making purchase contract, tax, title registration, finding a builder      to renovate, finding a property manager, promote your property for leasing (if you want to rent out) etc
  All the relevant documents are in Japanese.
  We support the process.
 If you are seriously interested in buying a Japanese old house, please contact us.

 

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

 

Encountering the marked down properties ? : Market update January-March 2019 Investment properties

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 )

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Just arrived : Smart-looking apartment building in Yokohama 100% finance !

(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

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