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

Dear Investors,

 

 

I surveyed an investment property in Nakameguro this afternoon.  The property’s details are as follow.  Nakameguro is becoming more popular than ever before among young people largely because of its proximity to Ebisu and Daikanyama and to fashion boutiques and nice restaurants.

 

 

Type: residence + shop

Location: Nakameguro, Meguro-ku (6-min walk to Nakameguro station of Tokyo Metro Hibiya Line, 12-min walk to Daikanyama station of Tokyu Toyoko Line, & 11-min walk to Ebisu station of JR Yamanote Line)

Land: 153.17 sq. meters

Floor area: 796.09 sq. meters

Structure: SRC / 10 stories

# units: 24

Current operation rate: 100% or 24/24

Annual return: approximately 33,300,000 yen

Price: 470,000,000 yen

 

 

 

 

 

 

 

 

Dear international buyers,

 

 

I viewed a 2-bedroom apartment on a nice vintage condo in-between Ebisu and Daikanyama on the other day.    The apartment’s main features are as follows:

 

 

Price: 36,800,000 yen

Location: 1, Nakameguro, Meguro-ku, Tokyo (7-min walk to Ebisu stn of JR Yamanote Line & 6-min walk to Daikanyama stn of Tokyu Toyoko Line)

Type: 2-bedroom apartment

Floor area: 52.17 sq. meters

Structure: RC / 10 stories

Built in: 1968

Maintenance Fee: 13,841 yen/month

Repair Fund: 6,534 yen/month

Other Features: A nice view of a residential area of Nakameguro, Fully-renovated in 2004, Hardwood floor, Connectivity to fiber-optic cable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ebisu and Daikanyama are very popular commercial districts of Tokyo.  There are so many nice international and Japanese restaurants, trendy fashion boutiques,  and bars in these areas.   The condo is in a very quiet residential neighborhood in the west of Ebisu station.    Also, because it is built on land about 300 meters off of Komazawa Dori (=street) and on the dend of a narrow local path.

 

 

 

 

 

 

 

 

 

Although the building is old, the property has good value largely because it is on a prime land of Tokyo.  After all, it is a bargain.

 

 

Please feel free to contact us at any time, if you are interested in the apartment.

 

 

We are looking forward to the opportunity to serve to you.

 

 

Best regards,

I visited distressed assets in Shibuya ku last week.

 

 

Property is located near Shoto area around NZ embasy and Aso’s private house. This new property was planed to sell at higher level, but the owner could not sell at the peak and they sold at 50% of what they planed.

 
(Their expected price was too much high though…)

 

See picture of entrance of the apartment.

 

This one is located at Kamiyamacho, Shibuya-ku, Tokyo.

 

 
Secondly, I went to see another distressed asset in Meguro-ku. This wide balcony is quite nice…

 

The yeild is around 9% in Jiyugaoka area.

 

Mukai