Tuesday, December 1st, 2009
Dear international buyers,
I viewed an interesting apartment for sale in Ichigaya (Shinjuku-ku) last week. Its main features are as follows.
Location: Bentencho, Shinjuku-ku, Tokyo (6-min walk to Ushigomeyanagimachi station of Tokyo Subway Oedo Line & 8-min walk to Waseda station of Tokyo Metro Tozai Line)
Price: 34,000,000 yen
Type: 1-bedroom apartment
Size: 40.38 sq. meters
Structure: RC / 12 stories
Built in: 2006
Maintenance Fee: 10,200 yen/month
Repair (reserve): 3,100 yen/month
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Tuesday, November 24th, 2009
Dear International Investors,
We saw a brand-new commercial building in Ginza last week. According to the seller of the building, the seller will consider 1,500,000,000 yen or higher for sales price.
The building is designed for restaurants. In fact, Ginza is full of the world’s first-class restaurants and fashion boutiques. Also, Ginza has been known as the most expensive commercial cite in Japan for a very long time.
Ginza is a ultra popular commercial district of Tokyo. It is popular not only among Japanese people but also international ones. The streets in Ginza are always bustling with tourists and shoppers on weekend.
The building is currently vacant. So you must be wondering if it will be worthwhile to purchase the building. All we can say is that it is worthwhile to consider it for investment opportunities.
Please let us know, if you are interested in it.
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Sunday, November 15th, 2009
Dear International Buyers,
I surveyed a cozy apartment in Hiroo this morning with my client. Its main features are as follows:
Location is nice within a walking distance of Ebisu station and Hiroo station which are centers of popular commercial districts. The apartment building is in-between Meiji Dori and Shibuya River. Meiji Dori is one of the major streets of Tokyo. Though it is on a major street of Tokyo, it is not so noisy because the apartment unit is facing south or in the direction of the river.
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Tuesday, November 10th, 2009
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,
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Wednesday, November 4th, 2009
Dear international buyers,
I saw a nice 1-bedroom apartment this past weekend with my client. The apartment’s features are as follows:
Price: 44,800,000 yen
Location: 2, Higashiazabu, Minato-ku, Tokyo (6-min walk to Azabujuban station of Tokyo Metro Oedo Line & Namboku Line)
Floor area: 50.05 sq. meters
Built in: 2000
Structure: SRC / 3rd floor of a 11-story condo
Maintenance fee: 9,700 yen/month
Repair (reserve): 6,210 yen/month
Other features: fully renovated in September, 2009, hardwood floor, and a high-tech toilet seat
Interior has just been renovated two months ago. Quality of the finishings is very high. Except for small dents on the floor, the room looks new and beautiful.
Azabu is one of the most popular residential districts not only among Japanese people, but also among international people. There is a large commercial district in the west of the station. There are so many first-class international, Japanese restaurants in the district. Also, Roppongi, which is a very popular night-life district of Tokyo, is within a walking distance from Azabu.
Nissin, a convenient international grocery store, and Tokyo Tower are within a walking distance of the apartment.
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Tuesday, November 3rd, 2009
In Shibuy ku, we have a distressed apartment building for sale, property details are following.
Trnasportation 7 min from Yoyogi Hachiman and 8 min from Yoyogi Koen station (Odakyu line and Chiyoda line)
Lnad size 429㎡ (130 tsubo) Ownership
Structure RC and wood
Year built 27 years
Floor size 538㎡ (Three units, three executive family can live there.)
Maximum cash flow JPY 22,800,000. (yearly)
Price is negotiable and could be JPY 280,000,000, since this seller is motivated seller.
Pictures are taken after sunset….
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Sunday, November 1st, 2009
I saw a bargain apartment in a popular Minato-ku of Tokyo this morning. Its main features are as follows:
Price: 35,800,000 yen
Location: 5, Mita, Minato-ku, Tokyo (8-min walk to Shirokanetakanawa station of Tokyo Metro Namboku Line)
# of bedrooms: 2
Structure: RC / 2nd floor of a 13-story condo
Floor area: 53.65 sq. meters
Balcony: 12.96 sq. meters
Maintenance Fee: 9,570 yen/month
Repair Fund: 13,150 yen/month
The whole room has recently, completely been renovated. The room looks as new as brand-new. Considering that, 35,800,000 yen is very reasonable. Also, it is in a convenient, popular district of Minato-ku. If you are interested to live or acquire real esate in the center of Tokyo, it would be worthwhile to consider this apartment.
Please let us know, if you are interested in this apartment.
Best regards,
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Saturday, October 31st, 2009
Dear international investors,
Today, I surveyed an investment property in a neighborhood in Tokyo where businesses and residences coexist.
The property’s main features are as follows:
Price: 75,000,000 yen
Location: 2, Asakusabashi, Taito-ku, Tokyo (6-min walk to Asakusabashi station of JR Sobu Line)
Land: 100.01 sq. meters
Floor area: 265.66 sq. meters
Structure: steel frame / 3 stories
Built in: 1990
Current rental income: 260,000 yen/ month or 3,120,000 yen / year
other feartures: 1F / office space (about 30 sq. meters) / 2F – 3 x studio / 3+4Fs – a 3-bedroom apartment
The neighborhood is back of major streets of Asakusabashi. In fact, it is very quiet and there is a row of small Japanese houses in front of the property. This property would be ideal for small business.
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Wednesday, October 28th, 2009
Dear International Investors and Archaeologists,
I surveyed an apartment building in a residential neighborhood of Omori in Ota-ku this afternoon.
The apartment building’s specifications are as follows.
Location: 7, O0i, Shinagawa-ku, Tokyo (8-min walk to JR Omori station in Ota-ku)
Price: 150,000,000 yen
Land: 249.71 sq. meters
Floor area: 278.24 sq. meters
Built in: 1986
Structure: Wooden / 2 stories
Coverage: 60%
FAR: 150%
Yield: 8.7% with current operation rate being 100%
Monthly revenue (March): 1,091,000 yen
Omori station is just two stations or about 5 minutes from Shinagawa station. Omori has been popular among Japanese writers. In fact, famous writers have settled in Omori, in particular, hills in the west of the station.
Also, Omori is famous among Japanese people because a shell mound was found by a western scholar for the first time in Japan’s history. When Dr. Edward Morse, a Havard scholar, was casually looking outside from a train from Yokohama for Shimbashi on June 19th, 1877, he found interesting arrangements of shells on cliffs by Omori station. His instinct urged him to dig the area, and he found remains of an old civilization in Japan – stone tools, clay pots, stone axes, stone arrowheads, human bones, animal bones, and so on. They have been registered and treated as important cultural properties since 1975 and been kept at University of Tokyo.
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Wednesday, October 21st, 2009
Dear International Investors,
I used Toden Arakawa Line, when I surveyed three apartment buildings in Taito-ku, Arakawa-ku, and Toshima-ku last week. The line is the only streetcar system survived in Tokyo, connecting Waseda (Shinjuku-ku) and Minowabashi (Arakawa-ku). The line has been in operation since 1913, and the neighborhoods and towns along the line still show what Tokyo used to look like in Showa Period (1926-1989). Toden Arakawa Line runs through Shinjuku-ku, Toshima-ku, Kita-ku, and Arakawa-ku, most of these districts being downtown and residential.
Also, Toden Arakawa Line stops at some major stations at which passengers can switch from Toden Arakawa Line to another train line. These stations include Machiya (to Tokyo Metro Chiyoda Line), Oji (to JR Keihintohoku Line), and Otsuka (to JR Yamanote Line).
Toden Arakawa Line is fun to ride and watch. If you can spare sometime for sightseeing in Tokyo, I strongly recommend that you get onto Toden Arakawa Line.
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