5.5% yield, a commercial building in AKIHABARA for sale!

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: 650 million JPY (approx. 21.8 million QAR / 5.97 million USD)
Total floor space: 563.36 sqm (8 stories)
Site area: 94.84 sqm
Gross yield: 5.5% (Currently all units are fully occupied.)
Completion: Aug 1979
Structure: RC (Reinforced Concrete)
Land ownership type: Freehold
Transportation: 2min walk to Hirosue-chou Sta. / 5min walk to Akihabara Sta.
Map: https://goo.gl/maps/BncgJTzM2UF2

A big partment block in the heart of Tokyo for sale!

The property is located in a quiet prime residential area in the heart of Tokyo.
It is very rare to find a property with a large land like this apartment block in the heart of Tokyo.

Price: 950 million JPY (approx. 32 million QAR / 8.8 million USD)
Total floor space: 1,500.45 sqm (3 stories + 1 Basement)
Site area: 703 sqm
Completion: Apr 1989
Structure: RC (Reinforced Concrete)
Land ownership type: Freehold
Transportation: 3min walk to Ooedo Line Usigome-Kagurazaka Sta. / 10min walk to Metro Iidabashi Sta. & Kagurazaka Sta.
Map: https://goo.gl/maps/nLZpYPYXbiQ2

6.8% gross yeild, new apartment building in Tokyo for sale!

Price: 93.3 million JPY (approx. 3.1 million QAR / 340k USD)
Total floor space: 150.14 sqm (2 stories, 8 units)
Site area: 168.16 sqm
Gross yield: 6.80% (Expectation)
Completion: May 2016 (Estimated)
Structure: Wooden
Land ownership type: Freehold
Station: 9min walk to JR Koiwa Sta. 15min ride to Tokyo Sta.
Map: https://goo.gl/maps/d3iaASTs3U22

Brand new well-appointed apartment block with video intercom, AC, IH cooker and Dehumidifier for bathroom etc.
The property is located in 9min. walk distance from JR Koiwa Sta. that is 15min ride to TOKYO Station.
Each unit has loft space which is able to use as bed space or storage, it's very appealing to potential tenants.

Plan

New Apartment Bulding in Tokyo for sale, 5.61% gross yield!

Price: 52.8 million JPY (approx. 1.75 million QAR / 480,000 USD)
Total floor space: 68.55 sqm (3 stories, 3 rental units)
Site area: 33.43 sqm
Gross yield: 5.61% (Expected return)
Completion: May 2016 (Estimated)
Structure: LGS (Light-gauge Steel Structure)
Land ownership type: Freehold
Station: Tokyo Metro MonzenNaka-chou (7min walk) and Kiyosumi-Shirakawa (10min walk) 
Map: https://goo.gl/maps/WWKDFGUZDdx

Shopping Street in front of Fukagawa Fdoudou Temple (7min walk)

Fukagawa Fudoudou Temple (6min walk)

Tomioka Hachimangu Shrine (6min walk)

Exterior rendering

Plan

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.

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.

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.