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

Dear Investors:

The most expensive seven units of The Roppongi Tokyo Club Residence (a brand-new, 39-story tower condominium in Roppongi) have been sold as soon as they came out on market.  Their prices are 268,000,000 – 480,000,000 yen. 

Best regards,

Minato Asset Management

Dear Investors:

 

 

The asking price of the following prperty is now 198,000,000 yen, down from 220,000,000 yen.   Consequently, yield is over 12%.  It was originally advertised on July 6 blog.

 

Type: commercial (1 unit) + residential (34 units)

Address: Inari-cho, Hanno City, Saitama Prefecture (7-min walk from Hanno station of Seibu Ikebukuro Line)

Land: 297.53 square meters

Floor area: 1,112.30 square meters

Structure: Steel Reinforced Concrete (SRC) / 8 stories

Built in: 1991

Asking price: 198,000,000 yen

Annual return (estimation): 25,169, 400  yen

Annual expenditure (estimation): 5,484,171 yen

Yield (estimation): 12.71%

Current operation ratio: 28/34

Amenities: proximity to greenery, a nice residential neighborhood, free Interenet, free U-SEN

 

 

a high-yield SRC apartment building in a suburb of Tokyo

main entrance

Here are photos of the investment property in Koganei City which we introduced to you yesterday.

a high-yield investment property in Koganei City

a high-yield investment property in Koganei City

a close-up view

seen from afar 2

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

Warm regards,

Minato Asset Management

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:

Let us introduce the following investment property.

Type:  retail, office, and residential

Location: 3, Toyooka, Iruma City, Saitama (13-min walk from Irumashi sation of Seibu Ikebukuro Line)

Land: 149.13 square meters

Floor area: 281.77 square meters

Structure: Steel / 3 stroies

Year Built: 1990

Coverage: 80%

FAR: 200%

Annual return (current):  3,603,000 yen

Annual return (100%): 6,219,000 yen

Asking price: 43,000,000 yen

Yield (current): 8.37%

Yield (@100%): 14.46%

a high-yield investment property in Saitama

In theory, this property’s yield can be as high as near 15%.  But its current yield is just 8.37%.  Location greatly matters with the performance of this investment property. 

To consider the purchase of this property, you woud have to study and understand the location thoroughly – distance to major train stations and neighboring towns, and profile of the neighbors, access to shops for daily necessities and to public services (e.g. hospital and school).

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

Best regards,

Minato Asset Management

Dear Investors:

Let us introduce you the following investment property in Shibuya-ku.

Type: residential

Address: 2, Ebisuminami, Shibuya-ku, Tokyo (7-min walk from Ebisu station of JR Yamanote Line & Tokyo Metro Hibiya Line)

Land: 90.31 square meters

Floor area: 245.45 square meters

Structure: Reinforced Concrete / 5 stories

Year built: 1982

Others: 5 units (4 x 1-bedroom apartment + 1 x 4-bedroom apartment); parking (covered); a quiet semi-commercial neighborhood in-between Ebisu and Meguro; walls have been repainted in October, 2002; and facilities of Japan’s Self Defence Force (JSDF) are in the same neighborhood

Current operation rate: 100% or 5/5

Annual return: 9,168,000 yen

Asking price: 148,000,000 yen

Investment property in-between Ebisu & Meguro

a close-up view

neighborhood

neighborhood 2

Ebisu is a very popular town.   The commercial zone in-between Ebisu and Daikanyama is one of the most popular shopping districts in Japan. 

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

Minato Asset Management

Dear Investors:

Let us introduce you the following investment property:

Type: commercial

Address: 6, Ikegami, Ota-ku, Tokyo (1-min walk from Ikegami station of Tokyu Ikegami Line)

Land: 62.44 square meters

Floor area: 291.09 square meters

Structure: Steel Reinforced Concrete / 5 stories above the ground + 1 story underground

Year built: 1979

Coverage: 80%

FAR: 500%

Current operation ratio: 5/6

Current annual return: 11,916,000 yen

Asking price: 142,000,000 yen

Yield: 9.1 %

Others: Basement (karaoke bar); 1, 2, 5F (KFC); 3F (vacant); and 4F (mahjong salon)

a commercial building adjacent to Ikegami station

KFC is renting 1, 2, and 4F of a 5-story building

a close-up view

Ikegami is a temple town in the center of Ota-ku which is southmost ward of Tokyo 23 wards.  Haneda Airport is in east of Ota-ku.  Ikegami station is in-between Gotanda and Kamata.

It will be interesting to watch how much the real estate  value of Ikegami will go up because Ikegami is about 5 kilometers west of Musashikosugi which is more popular than ever before as a suburb of Tokyo and Yokohama with high-rise condominiums.

Renovation costs might be a drawback for purchase of the property.   That is, the property will need extensive renovation when it is possessed by a new owner.

a staircase and a hand railing needing renovation

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

Best regards,

Minato Asset Management

Dear Investors:

Let us introduce you the following investment property in Shinjuku-ku.

Type: residence

Address: Shimoochiai, Shinjuku-ku, Tokyo (2-min walk from Shimoochiai station of Seibu Shinjuku Line)

Land: 262.64 square meters

Floor area: 740.92 square meters

Structure: RC / 6 stories

Year Built: 1973

Current operation ratio: 20/21

Current annual return: approximately 20,000,000 yen

Asking price: 198,000,000 yen

Yield: approximately 10%

Others: 21 units + parking (2 lots), 8-min walk from Takadanobaba station (JR & Tokyo Metro Takadanobaba station)

a 198,000,000-yen investment property in Shinjuku

Depending on your qualification, a bank may be able to lend you as much as 150,000,000 yen or so with a repayment period of 15 years or so.  The largest bottleneck in borrowing from a lender for this property would be the building’s age (built in 1973) and limited period of time for repayment. 

But this means that you should be able to purchase it easily, if only you can inject an adequate amount of down-payment.

Shimoochiai station is 2nd stop from Shinjuku station of Seibu Shinjuku Line.

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

Best regards,

Minato Asset Management

Dear Investors:

Let us introduce you an investment property in Kichijoji which is and has been the most popular residential area among Tokyo people.

Type: residential

Address: 4, Kichijojihoncho, Musashino City, Tokyo (10-min walk from Kichijoji station of JR and Keio Lines)

Land: 391.07 square meters

Floor area: 598.33 square meters

Structure: RC / 4 stories

Year built: 1985

Current operation ratio: 89.5% or 34/38

Annal return:  approximately 29,783,000  yen

Annal expense: approximately 5,134,000 yen

Asking price: 420,000,000 yen

a high-yield investment property in Kichijoji

 Kichijoji is and has recently been the most popular residential district among Tokyo families.   There are nice and trendy commercial zones on both north and south sides of Kichijoji station.  Beyond nice commercial districts, there are nice residential zones and public parks including a zoo. 

Kichijoji is conveniently connected to Shinjuku with JR Lines and to Shibuya with Keio Inokashira Line.  It takes 15 minutes by rapid train from Kichijoji to Shinjuku or Shibuya.

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

Best regards,

Minato Asset Management

Dear investors and buyers:

The world of sumo has hugely been stained by its personnel’s involvement with illegal gambling on pro baseball games in Japan which has been a source of money for yakuzas or infamous crime cyndidates in the island nation.  Due to blazing public criticism against it, the association has just announced for a suspension of the broadcasting of the coming sumo tournament in Nagoya, which has never occured ever since NHK, public broadcasting station in Japan, started airing the tournament in 1953.  Police is going to investigate the case; and the world of sumo, which has been a cultural icon of Japan for more than 1,000 years, might be abolished depending on the investigation’s results.

We strongly advise that you be careful with yakuzas and stay away from them by all means.  Because real estate transactions often involve and yield a large amount of money, they have been targeted by yakuzas for a source of money and have actually become a source for gangster money. 

Probably because the whole Japanese society has become more law-abiding than ever before and because people, including buyers, investors, and real estate agents, are more cautious about yakuzas than ever before, we don’t hear about yakuza-related illegal real-estate transactions so much any more.  And we strongly believe that you won’t have anything to worry about so long as you are careful.  But people must remember that yakuzas still exist and are propbably looking at loose real-estate deals to collect money efficiently and wisely.

Best regards,

Minato Asset Management