Tag Archive for real estate

(Breaking news) New mortgage loan for the rental investment by a Japanese bank for foreign nationals

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Just a quick breakthrough note :
Last week,  we have managed to establish the strategic alliance with one of the prominent Japanese banks who can offer foreign nationals loan for the investment property in Japan.
There are three categories.
1. Foreign nationals who reside in Japan with the permanent  residence
(Individuals who live in Japan without PR could be also eligible)

2. Foreign individuals who reside in Hong Hong (Hong Konger)

3. Foreign nationals who do not live in Japan

Category 2 and 3 are the breakthrough products.
No Japanese banks have been willing to offer the loan for foreign nationals who do not live in Japan but the window has just opened.
Obviously there are certain conditions such as down payment and taking out the mortgage.
And the approval is subject to the valuation of the property by the bank and financial status of each investor.
In addition, you need to carefully select a property which the bank is likely to offer the loan by meeting their criteria.

My bank is very picky about the location.

The property must be in the metropolitan cities where reasonable rental demand can be expected.

These cities are specifically Tokyo 23 wards, Yokohama, Kawasaki, Chiba, Nagoya, Osaka, Kyoto, Kobe and Fukuoka.

The property must be within 10 min walk distance from the nearest train station.

Airbnbs and hotels are excluded (meaning it must be a property to rent or your own house)

Interest rate is attractive enough to create the good cap rate.
Japan’s interest rate is historically low due to the quantitive easing by the central bank.
Anyone who is in interested in such loan, please send us a direct message via
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

Our YouTube channel

 

 

Real estate investment Japan : Liquefaction risk caused by earthquake in Tokyo

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(Nebuta, Aomori)
Japan is subject to many wind and water related disasters due to the fact that much of the land is steeply inclined and experiences a lot of rain. In addition, typhoons also hit Japan from summer to fall.
Located in an area where many continental plates meet, Japan also experience earthquakes and volcanic eruptions.
Although Japan is a disaster-prone country, there is no need to be overly concerned.
We have some preparation measures. For example, here In Japan, every resident with a mobile phone receives a text message warning of imminent quakes.
Many disasters are small in scale, and Japan has accumulated knowledge on how to deal with disasters through past experience.
Secondary disasters that occur after the quake also characterize major earthquakes. If you and your property are near the coast, there may be a risk of tsunami.
According to an article in Economist in February 2018, in US,
“there is a 10% chance that in the next 30 years an earthquake between 8.0 and 9.0 in magnitude will rupture the Cascadia subduction zone that runs along the coast of Washington, Oregon and Northern California.
US has no early-warning system.
Mexico, Turkey, Romania, China, Italy, and Taiwan all have systems to warn residents of imminent earthquakes.”
My point is that natural disasters could happen anywhere in the world and thus preparation is very critical.
Many foreign investors ask us about the liquefaction risk in Tokyo area.
Today I am going to discuss the risk of liquefaction caused by the earthquake in Tokyo citing the information released by the local governments.

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2020 Tokyo Olympics revamping central Tokyo

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(Current JR East ‘Harajuku’ station)

Tokyo will host the Rugby World Cup in 2019 and Olympics and Paralympics in 2020.
In view of the two big events and rapid growth of the inbound tourism, In Tokyo, there are a number of revamp projects in the pipe line now.
Today I pick up one of the projects by EAST Japan Railway Company (JR East)
involving Sendagaya station which is the closest station to the new National Stadium and Harajuku Ekimae project by NTT group.
Tokyo and neighbouring cities have been developed sufficiently and in a sense have been seeing the matured status
over the years,however, when the new development plans are revealed by the developers and the railway companies,
the real estate price in the redevelopment area picks up and price hike is likely to continue for over several years.

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