(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.
When you buy a property and sell it in profit in the future, you are liable to
the capital gain tax of the Japanese government whether you are in
Japan or overseas country.
How does it work ?
How much is tax ?
Please find out more details in my video below.
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
If you are seriously interested in the real estate investment in Japan, the hotel segment is growth potential.
The number of foreign tourists to Japan is set to rise for the seventh straight year and hit a record level of
more than 30 million in 2018.
(Chart : Number of foreign tourists, unit: 10 thousand)
The government is targeting 40 million foreign visitors by 2020, when Tokyo will host the Olympics.
Japan accepted an all-time high of 28.69 million foreign visitors in 2017, up 19.3 percent from the previous year
and the number of visitors are still on rise.
The estimated number of foreign visitors to Japan in February 2019 rose 3.8 percent from a year earlier to a record 2,604,300,
but the growth in Chinese tourists slowed.
By country and region, the highest number of visitors came from China at 723,600, up 1.0 percent from a year earlier,
according to the Japan Tourism Agency.
However, the pace of growth slowed from 19.3 percent in January with a declining number of cruise ships making stops in Japan.
South Korea was second at 715,800, up 1.1 percent, followed by Taiwan at 399,800, down 0.3 percent, and Hong Kong at 179,300, up 0.5 percent.
The number of visitors from Southeast Asia jumped in February, with Vietnam marking a 68.6 percent leap to 39,400,
Thailand up 31.4 percent to 107,800, and the Philippines up 28.0 percent to 35,200, according to the agency.
On a yearly basis, the number of foreign tourists visiting Japan surpassed 30 million in 2018.
Read more
(Lake Saiko)
Glamorous and chic.
One of my friends is now listing the great KOMINKA (古民家) in Fujikawaguchiko-machi, Yamanashi prefecture (by Lake Saiko)
The house is less than two hours drive from Shinjuku station and its takes about 2 hours and 15 mins by express bus/train from Shinjuku.
The access is excellent from central Tokyo.
Where is Yamanashi and what is its feature ?
Located within two hours of the Tokyo Metropolitan Area, Yamanashi boasts fresh air, crystal clean water, and a multitude of attractions
which people come to see all year round. Starting with the Fuji-Hakone-Izu National Park, Yamanashi is surrounded by four national and quasi-national parks
– but the region’s natural charms do not end there. You can stroll along the shores of the Fuji Five Lakes, hiking along the Southern Alps,
and feasting your eyes upon Yamanashi’s plateaus, valleys, and lush fields of flowers.
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 buying a property in Japan where the country risk is lowest in the world ?
Japan is a rare Asian country insofar as it allows foreigners to buy a property. Foreigners can buy both land and building without special qualification. When it comes to buying a property here, Japan has very few restrictions than the Western countries.
Ownership rights to land and building in Japan by a foreigner is also permitted just like Japanese citizens.
When a registrar has made a registration of ownership with respect to a real property with Legal Affairs Bureau, he/she shall can officially claim the title deeds of the property. However, there are restrictions on agricultural land (farmland). You need to get prior permission from a local agriculture committee (nogyo-iinkai) or governor when you buy the farmland. At least one corporate manager (one member of new owner) has to engage in full-time farming. In other words, if you want to buy farmland, you must become a farmer. The
(Nagoya station, Meitetsu line)
Just a snap entry about a property in Nagoya.
It is a VERY good opportunity for someone looking for a good investment in Nagoya area.
The yield is very high and it comes with the awesome financing.
5-storey residential building in Nagoya city
Location : Minami-ku, Nagoya city, Aichi prefecture
10 min walk to the nearest station（Meitetsu line)
and it is only 11 mins to Nagoya station. Excellent location.
Gross yield (return) before the cost : 9.5 % basis 100% occupied