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…
The reasons why tenants in Japan are considered strong are many and varied, but the main factors are legal protection and cultural background. The strength enjoyed by Japanese renters is rooted in providing a secure foundation for individuals and families. 1 Legal protection In the Japanese rental market, the rights 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…