Average Prices of Previously Owned Apartments in Tokyo Up for 15 Consecutive Months
Prices of previously owned apartments in Tokyo continued to climb in the last quarter (July to September), continuing a hot streak that has seen average listing prices rise for 15 consecutive months. The city of Tokyo (東京都) includes the Tokyo... More
Leasehold Rights in Japan: Advantages and Disadvantages
In Japan, in general, there are two types of land rights associated with residential properties: freehold and leasehold. Freehold land title refers to a property in which the owner owns the land in perpetuity. There is no time limit on... More
What can you buy for $110,000 or less in the greater Tokyo area?
In this installment of the “what can you buy” series, by popular request, we take a look at the greater Tokyo area, which includes the city of Tokyo, including the 23 Wards, western suburbs of Tokyo, and the surrounding prefectures... More
Price of Land in Japan Falls Nationwide for 2nd Consecutive Year: But here’s where prices rose
The average price of a parcel of land in Japan fell 0.4% year-on-year, the second consecutive year in which land prices have dropped, following three years of steady growth (2017 to 2019). However, the rate of decline in the 2021... More
Can I legally rent out my home in Japan when I’m not living there, like on AirBnB?
In this post, we look at the basic considerations needed to determine whether you can legally rent out your home in Japan on a short-term basis, like on AirBnB. This is a question that is being asked more and more... More
Parking Spaces in Japanese Condominium Buildings Explained
If you have a car, a parking space is an essential consideration when buying an apartment in a condominium building. And even if you aren’t a car owner now, you may want to plan ahead just in case. In this... More
5 vacation homes in Japan priced at $150,000 or less
In this installment of the “what can you buy” series, by popular request, we take a look at properties around Japan that would be suitable for a vacation home or “work-from-home” property! The target price point is ¥16,000,000 (¥16,000,000 ($147,000... More