In most rental properties, utilities included in the rent cover heat and hot water, while renters are responsible for electricity and gas. Policies vary by building, so confirm the exact utility costs with the landlord or property manager.
Yes, there are no restrictions on foreign nationals purchasing property in Japan. Non-residents and non-citizens can own both land and buildings. The process is straightforward and does not require residency or a visa.
Tenants should report needed repairs to the landlord or property manager. Do not make structural changes or significant repairs without written approval, because unauthorized work may violate the lease.
Expect to pay approximately 6-8% of the purchase price in additional costs. This includes real estate acquisition tax (3-4%), registration and license tax (about 2%), agency fees (up to 3% + tax), stamp duty, and legal fees.
A guarantor or co-signer may be required when the applicant does not meet the property income, credit, or rental-history requirements. The landlord or management company will confirm the applicable criteria.
While visiting is recommended, it is possible to purchase remotely with a power of attorney. You will need a notarized power of attorney, identity verification documents, and a Japan-based representative to complete the transaction.
Additional costs may include a security deposit, key money, agency fees, insurance, maintenance fees, renewal fees, and utility setup charges. Review the property disclosure and lease before applying.
Gross rental yields in central Tokyo typically range from 3-5% for residential properties, with older and smaller units in central locations sometimes yielding higher due to strong rental demand.
The listing agent can confirm the original listing date and any recent price or availability changes. Market time can change quickly when applications are being reviewed.
Most overseas investors use a Japanese property management company that handles tenant finding, rent collection, maintenance, and communication. Management fees typically range from 3-8% of monthly rent.
Landlord occupancy depends on the property. Ask the listing agent or property manager to confirm whether the landlord or an on-site manager lives in the building.
We offer a wide range including apartments, houses, tower mansions, whole buildings, commercial units, hotel properties, residential and commercial land. Both purchase and rental options are available.
Rent-control and stabilization rules depend on the property location, age, use, and local regulations. Confirm the building status and any applicable rent restrictions before signing the lease.
Some Japanese banks offer mortgage loans to foreign nationals, though conditions vary. Typically you need a Japan-based income or substantial assets. Several international banks also provide cross-border financing.