There are three types of building management services in Japan: 1 self-management, 2 outsourced management, and 3 subleasing. Depending on which type is chosen, the psychological, time, and financial burdens can be reduced. 1 self-management A method in which the landlord performs all management tasks himself/herself. Advantages The economic burden Read more…
When you own a condominium in Japan, monthly expenses include a management fee and a repair fund. Management fee Management fee is expenses used to manage common areas, which are necessary for the comfort and safety of daily life. Specifically, they include cleaning services for common corridors, entrance halls, and Read more…
First of all, as of March 2024, there are no special restrictions on buying real estate in Japan just because you are a foreigner. Also, while some countries have rules that prevent foreigners from buying land, there are no such rules in Japan. The process is 4-8 weeks at the Read more…
If you own real estate in Japan and have rental income, you must pay the following taxes. Fixed Asset Tax Fixed asset tax is a tax paid by the owner of real estate. It is paid to the municipality by the person who owns the property on January 1st of Read more…
If you own a condominium unit in Japan, your monthly expenses are as follows. Building management fee Building management fees for condominiums cover the cost of maintaining common facilities and common areas. These include cleaning and lighting of elevators, hallways, and common areas, garbage collection, routine maintenance of exterior walls Read more…
1 Set criteria for desired property and searching Decide on the conditions (location, budget, etc.) of the property you wish to rent and search online. Or, inquire directly with an agent you feel you can trust before deciding on terms. If you have a specific city in which you would Read more…