Blog

Home Buying FAQs

What can you buy in Tokyo for $250,000?

We have seen a marked increase this year in inquiries from people looking to buy a home or investment property in Tokyo. Below we answer some frequently asked questions, and take a look at what you can buy in Tokyo’s... More

Financing

Getting a Home Loan in Japan as a Foreigner

By Jeff Wynkoop Financing is available for foreigners buying property in Japan, depending on your residence status, income, and work history. Below is an overview of the visa status and work requirements needed to apply for a property loan, which... More

Market Trends

Sales of Pre-Owned Residential Properties in Tokyo Hit Historic Highs

By Jeff Wynkoop Sales of pre-owned condos and detached houses in the greater Tokyo metropolitan area were up for the second consecutive year in 2016, hitting historic highs. This is according to a recent report (in Japanese) on 2016 real estate market... More

Residential Lending

A Mini-Bubble Brewing in Japan’s Residential Apartment Market

By Jeff Wynkoop There are signs a mini-bubble may be forming in Japan due to the sharp increase in the number of new apartment loans handed out over the last few years. アパートローン(apaato rōn, ‘apartment loans’ also known in English... More

How to Read a Japanese Address

The Japanese address system is based on geographic entities and areas, rather than on a building’s location on a specific street, which is the case in many western countries. In fact, except for Kyoto and Sapporo, an address in Japan... More

Owning an Investment Property

Hidden Costs of Buying an Investment Property in Japan

By Nils Herchenroeder, Tokyu Housing Lease Corporation Investment properties in Japan are usually advertised with a “gross yield” which is calculated by dividing the estimated annual rental income by the list price. Of course, gross yield is not the same thing as... More

AirBnB in Japan

AirbnB in Japan Close to Full Legalization: Details of Draft Law

By Jeff Wynkoop The Japanese cabinet has just cleared the way for full legalization of Airbnb-style (minpaku, 民泊) private-stay accomodations in Japan. Implementation in 2018 On March 10th, the Japanese Cabinet agreed to the contents of the draft law to... More