Buying a Home in Tokyo as a Foreigner: Oct 2020 Edition
In this post, we present the Top 5 most popular stations for people searching for properties for sale on realestate.co.jp in October 2020. The ranking below is based on an analysis of property listings in the Tokyo 23 Wards that people viewed and inquired... More
Japan average land price falls for first time in three years on coronavirus shutdowns
The average price of a parcel of land in Japan fell 0.6% year-on-year, for the first time in three years. As foreign tourists have been shut out of the country to slow the spread of the coronavirus demand for tourism-related... More
Tokyo 23 Ward New Apartment Supply Drops by Half in August, Average Sales Price Falls
Homebuyers looking to buy a newly built apartment in the Tokyo 23 Wards may find that it’s easier said than done when it comes to finding a suitable range of properties to choose from. A big reason for this is... More
New Condominium Supply Soars in Kansai Region, Reversing 5 Months of Flat Growth
The number of newly built condominiums released for sale in the Kansai region jumped double digits year-on-year in August, reversing five months of flat growth. Developers in western Japan released 1,617 units for sale last month, an increase of 20.6%... More
Top 10 areas where foreigners are looking to buy homes in Japan, Other than Tokyo
On Real Estate Japan, properties near central stations in Tokyo’s 23 Wards usually receive the most attention from foreigners looking to buy a home in Japan. In 2019, for example, the most popular stations for people searching for For Sale... More
Govt Considering Extending Mortgage Loan Tax Deduction for Homeowners in Japan
The Japanese government is considering extending the move-in deadline for homeowners who wish to qualify for an additional three years of being allowed to deduct one percent of their outstanding mortgage loan amount from their income tax liability. Claiming the... More
What can you buy in Japan for $240,000 or less?
In this installment of the “what can you buy” series, we feature properties around Japan with a list price of about $240,000 (¥25,000,000). To put this price point in perspective, according to Tokyo Kantei, the average listing price for a newly... More