Wednesday, August 26th, 2009
Dear international investors,
I went to survey land and some buildings on it in Omotesando at my client’s request. Omoesando is hugely popular not only among Japanese people but also among international ones. Trendy fashion boutiques and international restaurants are abundant in this area; and you can recognize so many fashion brands and international fast-food chains in Omotesando.
The footpath on which my client wanted to have a restaurant is a prime location of Omotesando. It runs through a corner block in the popular Minamiaoyama 3-chome. European restaurants and hair cut salons are crowding the footpath. I am positive that many people are actually very interested to have their own business there. Unfortunately, my client is one of many.
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Wednesday, August 19th, 2009
We have a solicitor, “Gyoseisyoshi”, in the office and we are providing services to foreign clients on permanent resident visa in Tokyo. We can do “free” permanet visa apply for you under condition of buying a house or apartment in the future.
We receive JPY 150,000 for your application in advance, but in the future when you buy a house or apartment from us, we will give you this cash back. (Of course, we will receive comission from you for the brokarage of the real estate. 3.15%)
When you have a permanent visa, you can get better conditions from major banks. Also, we are doing same services for person who wants to get a spouse visa.
Link to Ministry of Justice → http://www.moj.go.jp/ENGLISH/index.html
If you have a plan to buy a house, just apply permanent visa first, then buy it!!
mukai
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Tuesday, August 11th, 2009
Dear international investors,
I went to view Shuwahijirizaka Residence today. It is a nicely-renovated, cozy apartment in Mita of Minato-ku. It is in a very good condition with first-class furniture and electric appliances.
Area Information:
7-min walk to JR Tamachi station (Yamanote Line) — 7 mins to Tokyo station, 2 mins to Shinagawa station, 13 mins to Shibuya station, and 19 mins to Shinjuku station
5-min walk to Keio University
5-min walk to Peacock (a grocery store)
3-min walk to Keiyo D2 (a home appliance shop)
10-min walk to Minato-ku Sports Center
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Monday, August 10th, 2009
Dear international investors,
I saw another investment apartment building in Ichikawa, after viewing the 290,000,000-yen apartment building. Ichikawa is a poplular residential area adjacent to Tokyo’s Edogawa-ku.
Just like other major satellite cities of Tokyo (e.g. Kawasaki, Saitama, Omiya, Kawaguchi, Funabashi, and Chiba) which generally provide better real-estate investment opportunities than the center of Tokyo in terms of yield, Ichikawa offers high-yield real estate investment opportunities and you can obtain a net yield as high as 8% with this particular apartment building.
I hope that this article will motivate you to consider Tokyo’s surroundings for real-estate investment.
Specifications are as follows:
Price: approx. 500,000,000 yen
Location: Tomihama, Ichikawa
Transportation: 9-min walk to Myoden station (Tokyo Metro Tozai Line)
Structure: RC / 6 stories
Built in: 1988
Land: 954,31 sq. meters
Total Floor Area: 1,870,64 sq. meters
Land Restrictions: 60% (land) & 200% (FAR)
Monthly revenue: approx. 45,000,000 yen
Yield (gross): 9.05%
Yield (net): 8.27%
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Monday, August 10th, 2009
Dear international investors,
I saw an about-290,000,000-yen apartment building in Ichikawa on the other day. Ichikawa is a Tokyo’s satellite city with a high population growth. As of August 1st, 2009, Ichikawa’s population is 219,279.
You may think that Ichikawa is far from Tokyo. But it is conveniently connected to central parts of Tokyo. For example, from Tokyo station to Ichikawa is only 18 mins by JR; from Nihombashi station to Minamigiyotoku station 19 mins by Metro Tozai Line.
Moreover, Minamigyotoku station is just one stop from Urayasu station which is a gateway to Tokyo Disney Land which has been commercially successful and been very popular not only among Japanese families but also among international tourists.
Specifications are as follows:
Price: approx. 290,000,000 yen
Location: Kakemama, Ichikawa
Transportation: 8-min walk to Minamigiyotoku station (Tokyo Metro Tozai Line)
Structure: RC / 4 stories
Land: 399.78 sq. meters
Total Floor Area: 784.26 sq. meters
Land restrictions: 60% (coverage) & 200% (FAR)
Built in: 1987
Monthly revenue: approx. 1,900,000 yen
Deposit: approx. 4,000,000 yen
Tax (2007): 1,007,600 yen (for land + building)
Appraisal (2007): 73,039,806 yen (for land) & 49,742,474 yen (for building)
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Thursday, August 6th, 2009
I have just visited an interesting investment building. It is in Kita-ku of Tokyo. Also, it is just 3-min walk from JR (=Japan Rail) Oji station. On average, more than 60,000 people use Oji station a day.
Oji has good access to other major areas of Tokyo. Major JR stations in Tokyo are comfortably connected to Oji station – Tokyo (19 mins), Ikebukuro (17 mins), and Shinagawa (30 mins) .
I hope this information will provide you the opportunity to consider investment with Tokyo property.
The following data are of the investment building in Oji.
Name: Oji OJ Building
Location: 1, Oji, Kita-ku, Tokyo
Price: approx. 150,000,000 JPY — to be negotiated
Current annual revenue: approx. 20,000,000 JPY (for 12 units + current operation rate 100%)
Land restrictions: 80% (coverage), 600% (FAR)
Structure: RC / 9 stories
Completion: July, 1972
Floor area: 669.83 sq. meters
Transportation: 3 mins walk from Oji station
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Tuesday, July 21st, 2009
It is a 4-story small commercial building with about 37 sq. meters for each floor. Its details are as follows:
Price: 128,000,000 yen
Location: Maruyama-cho, Shibuya-ku, Tokyo
Land: 37.4 sq. meters
Floor area: 142.2 sq. meters
Coverage: 80%
FAR: 400%
Completion: 1996
Current rental revenue: 7,110,000 yen
Transportation: 11-min walk to Shibuya station (JR Yamanote Line) & 5-min walk to Shinsen station (Tokyu Inogashira Line)
It is interesting because of its prime location: it is in-between most crowded areas of Shibuya and Shoto (one of the most exclusive residential neighborhoods in Japan). Also, the real estate is currently on an about 15-meter wide street, but the street is going to be widened for the next three years and traffic of people will increase greatly.
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Tuesday, July 21st, 2009
Dear international investors,
A quality, trendy, brand-new triplex in a quiet residential neighborhood of Hiroo is now for sale.
Its details are as follows:
Name: Belgravia Prova
Price: 400,000,000 yen (for 3 units)
Location: 3 chome, Hiroo, Shibuya-ku, Tokyo
Acreage: 185.14 sq. meters
Floor area: 426.70 sq. meters
Coverage: 60%
FAR: 150%
Layout & floor area: Unit SLOAN (3-bedroom, 124.87 sq. meters), Unit CHESTER (2-bedroom, 108.28 sq. meters), Unit EATON (3-bedroom+playroom+car parking + balcony, 193.55 sq. meters)
Completion: January 30th, 2009
Transportation: 8-min walk to Hiroo station (Tokyo Metro Hibiya Line) & 14-min walk to Ebisu station (JR Yamanote Line)
Other features: quiet residential neighborhood, scenic overlook, IH cooker, built-in dishwasher & electric oven, within walking distance of Arisugawa Park, Tokyo Midtown, Roppongi Hills, National Azabu, Meidiya, Hiroo Plaza, embassies, universities, and general hospitals
Belgravia Prova is a hybrid real-estate in a very quiet residential neighborhood of Hiroo with walking distance to many cultural amanities, such as, Red Cross Hospital, Arisugawa Park, Roppongi Hills, National Azabu, Meidiya, and Roppongi Hills.
Hiroo is a very popular residential area not only among Japanese people but also amajor mong international people. In Hiroo, there are nice shopping areas, parks, medical and educational facilities.
Tokyo Metro Hibiya Line provides easy access to both central and suburban parts of Tokyo from Hiroo station.
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Saturday, July 18th, 2009
Dear international investors,
Shinjuku is one of the most crowded places in the world.
Over 700,ooo passengers use Shinjuku station (for 7 train lines by 5 railway companies) on average every day. It is the largest train station in the world in terms of the number of users. While serving as a center of retail business of Japan, it is always bustling with and energized by commuters from western suburbs of Tokyo and tourists from overseas.
Roughly speaking, it is in the center of a vast commercial area with the Tokyo Metropolitan Government and Japan’s conglomerates’ buildings on its west, departments and fashion boutiques on its east, and restaurants and entertainments on its north.
Almost all kinds of cuisines and entertainments are available in the region. Also, most of them are reasonably priced.
In particular, Kabukicho is a famous and infamous red-light district. You will probably be dazzled by never- cease-to-flash neon signs. No other area or town in the world is so bright as Kabukicho at 3 a.m. in morning. Kabukicho used to be known for unsafeness. However, thanks to the country’s goverment’s recent efforts to crack down on gangster groups, it is said that the area is now far safer than before. Still, it is advisable that you be careful when you visit Kabukicho because it is very differnt from the rest of Japan where you can get your wallet back even after leaving it somewhere.
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Monday, June 29th, 2009
Azabu (e.g. Higashiazabu, Nishiazabu, Minamiazabu, and Azabujuban) is one of the most popular residential district in Minato-ku among international people.
Azabu means a linen cloth. Since the edo period (1603-1867), it has been known for cites of temples and cemeteries. In fact, many of condos and houses in the district are built on ex-properties of temples, including the land on which the Roppongi Hills is built.
Because Azabu has many temples, the district has much greenery which belong to temples and houses and apartments are in proximity to it.
Azabu now has convenient access to central parts of Tokyo. Hiroo station and Azabujuban station, two key Tokyo Metro stations in Azabu, are directly connected to the center of Tokyo by Hibiya Line (for Hiroo station) and Namboku Line and Oedo Line (for Azabujuban station).
The followings are main reasons why international people like Azabu:
– In proximity to international community (many embassies are in Azabu)
– In proximity to international grocery stores (e.g. National Azabu, Meijiya, Nissin, Hiroo shopping street, and Azabujuban shopping streets)
– In proximity to renowned general hospitals and Arisugawa Park
– First-class restaurants and an international atmosphere
– Good access to central parts of Tokyo
Unlike Akasaka and Aoyama where many company headquarters are found, Azabu is exclusively residential. Yet it would be worthwhile to invest on a building with retail space on the ground floor on a main shopping street in Azabu because the street is always bustling with shoppers.
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