1/30/2016

5.18% gross yield, Commercial Building in Shibuya, Tokyo for Sale!

Located in the most popular fashion district in Japan.
The property is fully occupied and current gross yield is 5.18%.

Price: 200 million JPY (approx. 6.1 million QAR / 1.66 million USD)
Total floor space: 109.82 sqm (4 stories)
Site area: 42.28 sqm
Gross yield: 5.18%

Completion: Aug 2005
Structure: Steel
Land ownership type: Freehold
Map: https://goo.gl/maps/TLJNhpcGrY62




The property



7 min walk to Shibuya Station

1/29/2016

5.36% gross yield, Complex building in Shinjuku, Tokyo for sale!

The property is comprise of one retail unit, three offices and one duplex residential unit. Located 3 min walk from metro Shinjuku-gyoen Station and within a walking distance from the world's busiest station, Shinjuku Station.
Map: https://goo.gl/maps/GrojpwAKM722

Price: 187 million JPY (approx. 5.7 million QAR / 1.55 million USD)
Total floor space: 289.77 sqm (six stories)
Site area: 66.84 sqm
Gross yield: 5.36%
Completion: Oct 1989
Structure: Steel
Land ownership type: Freehold

The property (left)



Shinjuku-Gyoen Park (4 min walk)

Night view of Shinjuku Yasukuni Ave. (1 min walk)

1/28/2016

5.99% gross yield, Commercial building on AKIHABARA main street for sale!

This is a very rare opportunity to own a commercial building facing the busiest shopping street, Akihabara Chuo Ave.!
AKIHABARA is the world's major shopping center for electric products and the OTAKU cultural center. It attracts many forigen tourists from all over the world.

Price: 600 million JPY (approx. 18.5 million QAR / 5.05 million USD)
Total floor space: 623.04 sqm (G+7, 8 rental units)
Site area: 92 sqm
Gross yield: 5.99% (Currently all rental units are fully occupied.)

Completion: Oct 1980
Structure: SRC (Steel-framed Reinforced Concrete)
Land ownership type: Freehold

FAQs -Part 3-

Is it possible to let out the property except when I am staying in Japan?

Yes, it's possible.
For example, if you want to stay in Japan after one year, you can rent the property on a non-renewable one year lease first.
However, it's difficult to find a tenant for a non-renewable lease and you may need to lower the rent. It wouldn't make good return.
Therefore we recommend that you do not let out the property for your stay.



Japan is an earthquake-prone country.
How to control the risk for the property investment?

Due to high frequency of earthquakes, the building regulations related to structures are quite strict in Japan, especially since 1981.
If you want to mitigate the risk, it is recommended to choose properties which permitted to be built after 1981.
Also, you can insure your property against earthquakes.


I'd like to buy a property to live in.
How long will it take to move in?

It depends on the current status of the property.
If it is vacant, you can move in after signing the sales contract and paying the remainder price.
In cases where it is occupied by the seller, it may take about three months after signing.




How do real-estate brokerages search properties for sale?

We search properties through the nation-wide real estate database system called REINS, which stands for Real Estate Information Network System.
All real-estate brokerages in Japan have access to REINS and it is updated everyday.
Therefore, we can find properties meet which your requirements.
Conversely, it enables you to find buyers all over Japan when you sell properties.


I'm too busy to visit Japan to sign a sales contract.

If the situation permits, it is possible for you to sign a sales contract in Qatar.
Please consult with us about your situation.



What are 'management fees' and 'repairing funds' of apartments?

Management fee is used to maintain the quality of the shared elements of an apartment, such as regular cleaning of common use spaces and maintenance of lifts.
Repairing fund is reserved for future major repair of the shared elements such as external walls and a roof which take place once every 10 to 20 years.
It is collected every month to prevent it from becoming a large expenditure.


If you have any questions regarding real estate in Japan, please leave a comment or contact us.

1/23/2016

FAQs -Part 2-

I don't understand Japanese at all.
Is it possible for me to purchase properties in Japan?

Yes, it's possible and your Japanese language skill shouldn't matter.
You can be assured that our English speaking staff resident in Qatar will explain everything you need to know to purchase properties in Japan.
After purchasing, our English speaking staffs at the property management department will support you.


Is it possible to purchase properties in corporate names instead of individual names?

Yes, there should be no problem.


I'm interested in income properties in Tokyo, but I'm not familiar with areas in Tokyo.
Which areas do you recommend to invest in?

To be honest with you, it is depends on your style of investment.
If you prefer to gain stable income with a low risk, areas within the Yamanote line such as Chiyoda-ku, Minato-ku, Bunkyo-ku and Shinjuku-ku would be options.
For investors looking for high returns, areas outside the Yamanote line might be choices.
If you seek higher status, the luxurious shopping district, Ginza, and upscale residential areas in Minato-ku like Azabu, Hiroo and Roppongi are recommended.
To invest in Tokyo Olympic's economical impact, Harumi, the site of the Olympic Village and sightseeing spots like Asakusa are good.
Please consult with us about your preferences and details of areas in Tokyo.
Refer to TokyoMap.com for maps of Tokyo.


What are necessary documents to purchase properties in Japan?

For individuals, only your passport and signature certificate issued from your country of nationality are required.
In the case of a corporate body, please contact us for the details.


Is it possible to buy properties in the countryside out of Tokyo such as ski and beach resorts?
Yes, it's possible. Ski resorts in Hokkaido and beach resorts in Okinawa are especially famous.
Though you can enjoy the changing seasons even in Tokyo.
We can deal in properties all over Japan.


1/21/2016

8.0% gross yield, commercial building in Azabu, Tokyo is for sale!

The property is located in upscale residential district and currently fully occupied except a rooftop hoarding.
Price: 189.5 million JPY (approx. 6 million QAR)
Total floor space: 192.18 sqm (G+2, 3 rental units & a rooftop hoarding)
Site area: 77.69 sqm
Completion: Oct 2009
Land ownership type: leasehold (Rent: 195,078 JPY/month, renewable every 20 years)
Gross yield: 8.0% (6.76% after land rent)

Address: 2-1-17, Moto-Azabu, Minato-ku, Tokyo, Japan

Please contact us for details.





1/10/2016

Tips for tax-free shopping in Japan

Did you know that it's very easy to shop tax-free in japan?
Unlike EU countries, you can get a tax refund/exemption on site.
No long queue at customs in the airport!
Enjoy tax-free shopping next time when you travel to Japan!

Who is eligible to shop tax-free in Japan?
Foreign visitors (on short-term visa) and Japanese citizens reside overseas.

How to find tax-free shops?
Look for the sign "Tax-free Shop."
There are tax-free shops everywhere in Japan nowadays.
Here is the list of major tax-free shops.
The tax-free shop locator provided by Japan Tourism Agency may helpful to find tax-free shops.
Some shops offer further discounts to foreign tourists, check the websites!

How to shop tax-free?
Tell the clerk that you want to buy it tax-free before making payment. ("MENZEI" in Japanese.)
Then the clerk will tell you the procedure.
At the most of small shops you may get tax exemption at the register, just pass your passport to the clerk.
At the department stores and large super markets you may need to go to the service counter to get tax refund. In this case, make full payment at the register then bring the goods, receipt and your passport to the service counter. Department stores tend to take service fee of 1.1% of the purchased price (excluding tax).

The points need to attention
You can get tax exemption/refund only on the day of shopping.
You must bring your passport when you go shopping.
Need to purchase over 5,000 JPY for consumable items and over 10,000 JPY for other items.
The name of the credit card must be same as the passport holder who claim tax exemption/refund.

1/05/2016

FAQs -Part 1-

Do I have to visit Japan to buy properties?

No, it's not necessary to visit Japan but we recommend viewing the property especially if it is your first time buying property in Japan.
If you are unable to visit Japan, we will provide photos, analysis and detailed information of properties as much as possible to support your decision.


What do 1R, 1K, 1DK, 1LDK, 2LDK and 3LDK mean?

These are terms refer to the layout of residential properties.
The "1R" is a studio type unit which has a kitchenette within a room.
The "1K" is also a studio type unit but there is a separation between a kitchenette and a room.
The "1DK" is one bedroom unit with a dining room and a kitchen, the kitchen is open to dining room in almost every case.
The "1" of "1LDK" indicates the number of bedrooms, while the "L" stands for "Living room", "D" for "Dining room" and "K" for "Kitchen", and a living room, dining room and kitchen are open plan in most cases. The same applies to 2LDK and 3LDK.
It is normally separately indicated whether or not there is a bathroom, but usually there is a bath and a separate toilet for layouts greater than 1LDK. In general, bedrooms are not connected with bathrooms and there is one common bathroom.


What are the major differences in layouts and finishes of residences between Western styles and Japanese styles?

As mentioned above, bedrooms are not connected with bathrooms in most residences in Japan.
In general, there are several bedrooms with closets and one common bathroom. The layout of bathroom is also very unique to Japan. As shown in the figure below, bathtub with shower, wash basin and toilet are located in separated rooms.


When it comes to the finishes, the most commonly used floor finish is MDF (engineered wood) floor. It is uncommon to have tiled or stoned floor for residences in Japan since people do not wear shoes indoors.

Although, there are flats which have Western style layouts and finishes available in areas popular among expats, like Azabu and Roppongi.
Also, it is possible to remodel properties according to your preference and we are happy to assist.


If you have any questions regarding real estate in Japan, please leave a comment.

1/02/2016

9 reasons to invest in Tokyo

We believe there are good reasons to invest properties in Tokyo as the following.

  1. Japan is the most advanced economic power in Asia and the third largest in the world by nominal GDP.
  2. Stable income gains and a variety of choices for property can be expected.
  3. 100% Ownership of a property (land and building) is permitted for non-citizens and non-residents in Japan.
  4. The Population of Tokyo is on the rise, and the number of residents from overseas are expected to rise due to the Trans-Pacific Partnership legislation.
  5. The Abenomics and the Tokyo 2020 Olympic Games are helping to fuel the property prices.
  6. The Number of overseas tourists has been increasing year by year.
  7. Tokyo has been named world's most livable city.
  8. Wealthy class in China and South East Asia, and SWF in advanced countries invest in Tokyo.
  9. Foreign currency exchange gain can be expected.
The details and supporting data to be posted our upcoming website.

1/01/2016

Happy New Year!


May the new year bring you greater heights of success and prosperity.