Data released on April 9 by Tokyo KANTEI (located in Shinagawa-ku, Tokyo), a Japanese real estate research firm, showed that from the average expected selling price of small, newly-built single-family homes in March, theTokyo 23 wards is 71.94 million yen (about 3,427,900 yen) per unit, up 2.91 TP3T from last month.

The survey was conducted on newly constructed wood-framed single-family dwellings with a floor area of 50 square meters or more and less than 100 square meters (including land price), and within 30 minutes' walk or 20 minutes' bus ride to the nearest station.

The fact is that Tokyo prices have been on an upward trajectory for quite some time, it's just that last year's increase to this year's has been at an alarming rate.

According to the Institute of Real Estate Economics, house prices in central Tokyo for the whole year of 2023 rose by40%Above.

Over the past year, the Bank of Japan has implemented theUltra-loose monetary policyPlusdepreciation of the Japanese yen, Japan's real estate market has emerged as one of several bright spots in the global real estate market in 2023, attractingFavored by global investorsThe

Advantages of Investing in Japanese Real Estate

01. Freehold and no common areas

The real estate registration system implemented in Japan is similar to that of China and is government-led. Upon completion of registration, the Government issues a certificate of entitlement, the Real Estate Registration Identification Notice, which is equivalent to a real estate title certificate in China.

The title is freehold with no restrictions onInformation on property ownership can be found at the Legal Affairs Bureau of Japan. The actual purchased area of a property in Japan is the area of the property.No common area.

02.High Rental/Sale Ratio, Low Cost of Ownership

Compared to other key cities around the world, Japan's real estate price point is not that high. During the property holding period, each year the client needs toPayment of Kudu taxIncluding fixed assets tax and metropolitan planning tax, the total amount is onlyApprox. 3-4 parts per thousand(Up to 1%, depending on the type of property and market valuation).

03. Stable and sound leasing system and huge market

JapaneseThe rental market is hugeThe homeownership rate in Japan is lower than in China and the United States. Japanese law emphasizes the interests of the tenant, and unless there is an agreement in the lease regarding "termination of the lease during the term," the tenant is not allowed to terminate the lease during the term of the lease.The landlord cannot unilaterally terminate the leaseThe

04. Investment and the opportunity to obtain the right of permanent residence at the same time

Individuals who purchase a home in Japan cannot be directly naturalized in Japan, but in JapanInvestment of a certain amount and establishment of a companyIf you invest in and hold real estate in the name of a company and thus conduct a legal and stable business (e.g., long/short term rentals, B&Bs, hotels, etc.), you will be able to obtain aJapanese Management Visa, residing legally in Japan.

Compared to Europe and the United States, the Japanese real estate markethigh security and low investment risk.There is little risk of a decline in real estate prices, especially in the core areas of the Tokyo metropolitan area, where prices are rising steadily.More stable return on investmentInvestment and opportunity at the same timeAcquisition of the right to permanent residenceAs a result, overseas investors are flocking to Japanese real estate.

If you are interested in Japanese real estate, please feel free to contact us!