Houses in Tokyo
Buying a house in Tokyo is a serious and promising step: for life, family and investment. This is a great opportunity to set up your lifestyle or start earning a steady income from renting out real estate. There are different options for houses in Tokyo, it is recommended to study the market before buying a property.
Types Of Houses In Tokyo
Here are the main types of houses in Tokyo that you can buy for yourself or for investment:
- Detached houses (kodate): different in design and age — wooden and reinforced concrete.
- Townhouses and duplexes are compact options for families.
- Old houses in Tokyo are often sold cheaper, but their cost depends more on the land than on the building; many buyers prefer demolition and construction of a new house.
- Pay attention to the age of the house: in Japan, buildings lose their accounting value faster, so the condition of communications and the need for repair/reinforcement are important for old houses.
Important Factors When Choosing
- Proximity to the station: the time to the station and transfers strongly affects the price and demand.
- Zoning, building coverage ratio (floor area ratio) and building restrictions affect the possibility of reconstruction or superstructure.
- Earthquake resistance and the availability of measures to strengthen the structure.
- A plan for major repairs of communications and the cost of maintaining the site.
Additional Expenses
There are certain expenses that must also be taken into account when you are going to buy a house in Tokyo.
- Agency commission and legal support.
- Taxes and fees upon registration and after purchase (property tax, etc.).
- The cost of site and household maintenance, insurance and possible major repairs.
- The cost of dismantling the old house and building a new one — if you plan to demolish the old building.
Useful Tips
- Order an independent technical review before purchase.
- Specify the history of the land (risk of flooding, seismic data) and urban development plans.
- Discuss with the agent all additional costs and the approximate deadline for completing the transaction.
We will help you choose options, organize viewings, conduct legal and technical checks, and accompany the transaction at any stage. Leave a request and you will receive a selection according to your parameters: budget, area, area and infrastructure requirements.