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

Dear Investors,

 

Let us introduce the following investment property:

 

 

Type: shops, offices, and apartments

Location: 3, Honcho, Koganei City, Tokyo (8-min walk from Musashikoganei station of JR Chuo Line)

Land: 227.76 square meters

Floor area: 840.20 square meters

Structure: Reinforced Concrete / 5 stories + 1 story underground

Year build: 1991

Asking price: 170,000,000 yen

Annual return (@100%): 16,944,000 yen

Yield (@100%): 9.96%

Current performance: 100% 0r 10/10 with annual return of 16,944,000 yen

 

a 170,000,000-yen investment property in Koganei City

 

 

Pros for this property include a high yield, constant demands for population growth, a history of good pefromance, and a nice residential neighborhood.

 

 

Please let us know, if you are interested in the property.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors and Buyers:

 

 

Some 16,000,000 Chinese families are now eligible for a Japanese tourist visa.

 

Japanese government has drastically eased conditions for Chinese people to obtain a tourist visa issued by Japan.  Paricularly, Chinese people must earn at least 3,260,000 yen/year to be eligible before; but all Chinese people must earn is 850,000 yen/year to obtain a Japanese tourist visa now.  In addition to the new criterion, they must present no crime records and have a decent credit card. 

 

 

Future increase of Chinese tourists will probably change so many aspects of Japanese society.  No one is certain how much of impact it will give on Japanese society.   But it is safe to say that there will be far more Chinese real estate buyers than ever before for years to come.

 

 

Real estate industry here must prepare itself for coming changes with regard to increase of Chinese tourists.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors:

 

 

 

 

 

 

 

Real Estate Economic Institute, a think-tank for real estate industry in Japan, summarizes a recent market trend for sales of apartments in Tokyo Metropolitan area as follows: 

 

 

 

For 2010, supply of apartments for sale has been 3,779 for May, which is a 7.1% increase from the previous year.  But average price and unit price of sold apartment units will remain the same level as previous year or may increase a bit relative to previous year because contract ratio is improving.  Contract ratito for May is 77.0%, which is a 6.4-point up from the previous year.  Average price of sold apartments is 46,630,000 yen, which is a 2.5-percent increase from the previous year. 

 

 

 

We hope you will find this information helpful.

 

 

 

Best regards,

 

 

 

Minato Asset Management

Dear Investors:

 

In Japan, the ruling coalition party and the largest opposition party have announced two days ago that they are going to discuss a future increase of consumption tax and ask Japanese voters for understanding of and support for the new policy.   This means that increase of consumption tax will be one of the main agendas for the next national election for sure and that it will probably take place soon regardless of which of the two parties comes into power.

 

Japan’s current consumption tax is 5% , which is relatively low compared with other countries’ consumption taxes.  It looks that lawmakers are going to double it.

 

 

It will greatly affect the real estate market of Japan.

 

 

Best regards,

 

 

Minato Asset Management

 

 

 

 

When a

Dear Investors:

 

 

As of April 1, 2010, the population of Minato-ku was 94,357 males and 108,148 females, for a total of 202,505 residents.  The total number of households was 115,501, and the registered foreign resident population was 21,508.

 

 

We hope you will find this information helpful.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors:

 

 

In May, 2010, vacancy rate for office in the central part of Tokyo is about 9%.

 

 

Vacany rate has gone up several points for 2009.  But since the start of 2010, it has been slowing down and shifting between 8 and 9 %.

 

 

We hope you will find this data helpful for you to understand the market.

 

 

Best regards,

 

 

Minato Asset Management

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,

 

 

The following investment property has just come out on market.  Its details are:

 

 

Type: residence + office

Location: Roppongi, Minato-ku (Accessible with Tokyo Metro Chiyoda Line & Hibiya Line)

Land: 499.55 sq. meters

Floor area: 2,097.84 sq. meters

Structure: RC / 1 story underground + 16 stories above ground

Built in: 2006

Operation rate (as of 1/16/2010): approximately 85%

Return (as of 1/16/2010): approximately 110,000,000 yen/year

Others: 31 x residence + 6 x office; within a walking distance of main locations of Minato-ku

 

 

We are going to survey the investment property soon and provide more information about it.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors,

 

 

Please look our February 4th and 12th blogs – ‘Breaking news! An attractive building in-between Roppongi and Hiroo is now for sale’. 

 

 

 

 

This property has just been sold and is no longer available for purchase.  Moreover, it has taken only two weeks for the property to sell.  The cliche ‘First comes, first served’ applies perfectly. 

 

 

Real estate in Minato-ku is hot, although Japanese economy has been sluggish.  Many investors keep an eye on what is going on with real estate in Minato-ku and jump onto good investment opportunities as soon as they appear on the market.

 

 

Because we don’t want you to miss out with good opportunities, we strongly recommend that you be prepared and know when to jump onto such opportunities.  For you to be able to move swiftly when the time comes, we also recommend that you prepare all necessary documents for lenders you are going to use and that you set your own criteria for purchase in advance.

 

 

You probably find what has just been stated basic.  But basics are often forgotten.

 

 

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

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors,

 

 

We surveyed an interesting property on a prime location of Tokyo last week.   Please check our last blog for details.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As mentioned in the previous blog, this location is and has always been one of the most sought-after areas in Tokyo.   International or Japanese families long to live this particular area of Tokyo largely because it has proximity to foreign embassies, first-class educational institutions, international grocery stores, a park, a public library, and  bustling commercial districts of Roppongi and Azabujuban. 

 

 

In other words, for many house seekers in Tokyo, it is a our-dream-come-true opportunity.  

 

 

Although the property’s yield is not so high, you can expect a stable cash-flow from rental units because there has always been and will always be high demand for residence or business.    And it is worthwhile to consider the property for a hub for your business because the area is well connected with the rest of Tokyo with Tokyo Metro Hibiya Line and Metro Oedo Line.

 

 

We hope you will consider this property for investment and/or residence.  Please let us know, if you are interested in it.

 

 

Best regards,

 

 

Minato Asset Management