Are you looking for real-estate for sale in Japan?

Dear Investors,

 

 

According to a March 16 report by Real Estate Economic Institute Co., Ltd., 2,777 brand-new apartment units have been sold in February, which is a 10.7% increase from the previous year, in the Tokyo metropolitan area. 

 

They conclude that the real estate market of the Tokyo metropolitan area has started to show positive signs.

 

 

Best regards,

 

 

Minato Asset Management

 

 

I surveyed the following investment property yesterday.  Its details are as follow.

 

 

Type: residence

Location: Mukogaoka, Bunkyo-ku, Tokyo (5-min walk from Hakusan station of Metro Mita Line, 6-min walk from Todaimae station of Tokyo Metro Namboku Line, & 6-min walk from Honkomagome station of Tokyo Metro Namboku Line)

Land: 1,539.87 sq. meters

Floor area: 2,384.76 sq. meters

Coverage: 60%

FAR: 300%

Structure: RC / 5 stories

Built in: 1984

Others: Major renovations (e.g. outer walls, waterproofing, painting of steel parts, and paving with asphalt) have been done in August, 2005; residential neighborhood; and educational district (in-between two major universities)

 

 

 

 

 

 

 

 

Dear Investors,

 

 

An investment property in Bunkyo-ku is for sale.  Its details are as follows:

 

 

Type: investment property

Location: Koishikawa, Bunkyo-ku, Tokyo (8-min walk to Kasuga station of Toei Mita Line, 9-min walk to Kasuga station of Toei Oedo Line & Tokyo Metro Namboku Line, and 11-min walk to Korekuen station of Tokyo Metro Marunouchi Line)

Land: 150.54 sq. meters

Floor area: 368.15 sq. meters

Structure: Steel / 5 stories

Coverage: 60%

FAR: 400%

Current Numbers:

Operation rate: 100% or 10/10

Annual return: 13,203,090 yen (including 111,090 yen from a mobile phone company which uses the property’s roof for antennas)

Others: within a walking distance of Tokyo Dome & Koishikawa Botanical Garden, nice view from roof balcony

 

 

Bunkyo-ku means an educational district.  In fact, there are many good educational facilities (e.g. elementary school, junior & highschool, college, and university) in Bunkyo-ku.   Tokyo Dome (= an indoor baseball park) is within a walking distance.

 

 

 

 

 

 

 

 

 

 

Dear International Investors,

 

 

I surveyed three investment properties in Bunkyo-ku and Shinjuku-ku this afternoon.  They are combinations of residence and retail (or office).

 

 

 

 

Price: 110,000,000 yen

Location: Koishikawa, Bunkyo-ku (6-min walk to Myogadani station of Tokyo Metro Marunouchi Line)

Land: 74.77 sq. meters

Floor area: 286.10 sq. meters

Structure: RC / 5 stories above ground + 1 story underground

Built in: 1997

Coverage/FAR: 60% / 400%

 

 

 

 

Price: 64,900,000 yen

Location: Nijiyukkicho, Shinjuku-ku (4-min walk to Ushigomekagurazaka station of Oedo Line)

Land: 43.68 sq. meters

Floor area: 113.5 sq. meters

Structure: Steel / 3 stories above ground + 1 story underground

Built in: 1999

Coverage/FAR: 60% / 160%

 

 

 

 

Price: 137,000,000 yen

Location: Wasedatsurumakicho, Shinjuku-ku (6-min walk to Waseda station of Tokyo Metro Tozai Line)

Land: 91.9 sq. meters

Floor area: 353.96 sq. meters

Structure: RC / 5 stories above ground +  1 story underground

Built in: 2001

Coverage/FAR: 80% / 400 %

Current Annual Return: 11,359,080 yen

Current Yield: 8.29%

Dear International Investors,

 

Today, I went out to survey investment properties in Chiyoda-ku and Bunkyo-ku.   Their specifications are as follows:

 

– a secondhand building for investment

Location: 1, Kanda-ogawacho, Chiyoda-ku (1-min walk from Awajicho station of Tokyo Metro Marunouchi Line)

Price: 79,800,000 yen

Land: 45.25 sq. meters

Floor area: 217.31 sq. meters

Structure: RC / 5 stories above ground + 1 story underground

Coverage: 80%

FAR: 800%

Built in: 1970

Annual Income: 3,132,000 yen

Yield: 6.28 %

Features:  Proximity to a Tokyo’s major street, good foot traffic from colleges and universities in the neighborhood

 

 

 

 

 

 

 

– a secondhand building for investment

Location: 3, Otsuka, Bunkyo-ku (8-min walk from Miyogadani station of Tokyo Metro Marunouchi Line)

Price: 59,800,000 yen

Land: 42.04 sq. meters

Floor area: 201.87  sq. meters

Structure: RC / 5 stories above ground + 1 story underground

Coverage: 80%

FAR: 500%

Built in: 1991

Features:  On a Tokyo’s major street, a famous educational district

 

 

 

 

 

 

 

 

 

– a secondhand apartment building for investment

Location: 3, Kohinata, Bunkyo-ku (6-min walk from Miyogadani station of Tokyo Metro Marunouchi Line)

Price: 45,800,000 yen

Land: 67.43 sq. meters

Floor area: 53.8 sq. meters

Structure: Wooden / 2 stories

Coverage: 60%

FAR: 200%

Built in: 1987

Features:  A famous educational district, proximity to famous universities and colleges, a very quiet residential neighborhood