Friday, July 30th, 2010
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
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Saturday, July 17th, 2010
Type: office, residence
Address: 4, Sendagaya, Shibuya-ku, Tokyo (4-min walk from JR Sendagaya station of Sobu Line)
Land: 189.15 square meters
Floor area: 549.12 square meters
Floor layout: 1F/ 2 x studio, 2F/office, 3F/office, 4F/ 3-bedroom apartment, 5F/2-bedroom apartment, & 6F/ storage + roof terrace
Built in: 1973
Structure: RC / 6 stories
Annual return: 7,821,000 yen (as of 7/17/2010, only 2F and 3F are rented out)
Asking price: 298,000,000 yen
Others: next to the National Noh Theater, quiet neighborhood, facing south, roof terrace, parking for 2 cars, nice view from the roof terrace, and within a walking distance of 6 train stations (i.e. Sendagaya, Yoyogi, Shinjuku, Harajuku, Kokuritukyogijyo, and Kitasando)
Because the property is distressed with a history of 37 years since its completion, the largest bottleneck for purchase of this property will be mortgage from a lender. And an investor or a buyer will be required to provide much funds.
Location is nice and the value of the land will only increase mostly because of its proximity to major train stations and to pubic parks.
Cultural facilities, such as, the national noh theater, the Tokyo Gym, the National Stadium, and Seitoku Memorial Museum, are in the neighborhood.
Please let us know, if you are interested in the property.
Best regards,
Minato Asset Management
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Friday, July 16th, 2010
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
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
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Saturday, July 10th, 2010
Dear Investors:
Let us introduce you a high performing investment property in a suburb of Tokyo.
Type: residence, retail, & office
Address: Honda, Kokubunji City, Tokyo (12-min walk from Kokubunji station (JR Chuo Line))
Land: 862.0 square meters
Floor area: 1,255.05 square meters
Structure: RC / 5 stories above ground + 1 basement
Built in: 1989
Current operation ratio: 13/13
Annual return (estimation): 31,760,000 yen
Yield: 9.04%
Others: a chain recycle store on 1st floor, a quiet residential neighborhood,
high performance investment property in a suburb of Tokyo
Kokubunji City is a satellite city of Tokyo and is bustling with educational facilities (e.g. college, university, and high-school).
Please let us know, if you are interested in this property or further information about it. Please let us know.
Best regards,
Minato Asset Management
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Wednesday, July 7th, 2010
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
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Tuesday, July 6th, 2010
Dear Investors:
Let us introduce you the following high-yield property in Hanno in Saitama Prefecture.
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: 220,000,000 yen
Annual return (estimation): 25,169, 400 yen
Annual expenditure (estimation): 5,492,513 yen
Yield (estimation): 11.44%
Current operation ratio: 29/34
Amenities: proximity to greenery, a nice residential neighborhood, free Interenet, free U-SEN
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Thursday, July 1st, 2010
Dear international investors and buyers:
National Tax Agency has announced roadside land prices across Japan to indicate benchmark numbers to calculate taxes, such as, inheritance tax and donation tax. The agency indicates land prices of approximately 380,000 spots across the nation.
Almost all of the surveyed locations have decreased in value for two consecutive years. Compared with average roadside land prices for 2009, those for 2010 have decreased 9.7% for Tokyo, 8.3% for Osaka, and 7.6% for Nagoya.
But there is a positive sign – points lost are fewer than before; and it now looks that land prices are bottoming out.
We hope you will find this news helpful.
Best regards,
Minato Asset Management
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Thursday, July 1st, 2010
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
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Tuesday, June 29th, 2010
Dear Investors and Buyers:
An apartment on a famous, vintage apartment building in Harajuku is now for sale:
#bedrooms: 2
Address: 6, Jingumae, Shibuya-ku, Tokyo (1-min walk from Harajuku station of JR Yamanote Line & 1-min walk from Meijijingumae station of Tokyo Metro Chiyoda Line)
Floor area: 119.53 square meters (56.21 square meters on 7F and 63.32 square meters on 8F)
Structure: Steel Reinforced Concerete / 11 stories on ground + 1 story underground
Built in: 1965
Maintenance Fee: 118,844 yen/month
Asking price: 128,000,000 yen (to be negotiated)
Amenities: duplex, a rare property in a prime location of Tokyo, comfortable & ample space, duplex, built by a top construction company, proximity to Yoyogi Park & Yoyogi Gym
a famous vintage apartment building in Omotesando
This apartment building has been a landmark of Omotesando and one of the most sought-after apartment buildings in Tokyo.
Harajuku-Omotesando area is probably the most popular sightseeing spot of Tokyo especially among young tourists. The area has so many nice shops and restaurants from across the world. At the same time, the area is proximate to cultural amenities, such as a park and a gym.
Please let us know, if you are interested in the property.
Best regards,
Minato Asset Management
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Friday, June 25th, 2010
Dear Investors:
A high-yield apartment building is for sale in a residential neighborhood of Saitama Prefecture.
Type: residential (for families)
Address: 1, Honcho, Toda city, Saitama (8-min walk from Todakoen station of JR Saikiyo Line)
Land: 1,047.91 square meters
Floor area: 4,897.28 square meters
Structure: Steel Reinforced Concrete / 11 stories above ground + 1 story underground
Coverage: 80%
FAR: 400%
Completion: 1993
Current operation rate: 40/48
Current annual return: 103,071,600 yen (= 12 months x 8,589,300 yen)
Asking price: 1,500,000,000 yen (to be negotiated)
Yield: approximately 6.8%
Others: a nice residential neighborhood north of Tokyo (approximately 30 minutes to Tokyo station by JR), built by a famous construction company
a high-yield apartment bldg. in Saitama
All the units on the building are for families, that is, 2-bedroom and 3-bedroom apartments.
Saitama prefecture’s population is growing because of its proximity not only to Tokyo but also to local parks and greenery.
Please let us know, if you are interested in the property or have any question or need further informationn about it.
Best regards,
Minato Asset Management
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