Felt 716

Japanese apartment building for sale in Kitakyushu City of Fukuoka Prefecture.

Building Name:  FELT 716
Type:                Apartment Building
Access:            JR Kokura Station - 450 metres - 6 minute walk
Price:          1,150,000,000 JPY (1 Billion 150 Million Japanese Yen)

Address:  4-5-22 Kyomachi, Kokura Kita Ku, Kitakyushu Shi, Fukuoka Ken, Japan
Room Types:  1LDK x 9 * 2K x 9 * 2LDK x 27 * Shop/Office x 1
Land Size:  916.60 square metres / 277.27 tsubo
Building Size:  2538.35 square metres / 767.85 tsubo
Building Construction:  RC (reinforced concrete) Construction
Floors:  10 floors
Ownership:  Freehold
Land Category:  Residential Land
Urban Planning:  Designated For Urbanization
District/Area Classification:  Commercial
Building to Land Ratio:  80%
Floor Area Ration:  400%
Other Rules / Laws:  Semi Fire Prevention District
Constructed:  March 2008 (Heisei Year 20)
Parking:  Yes - 38 Parking Spaces
Current Status:  Rented Out / Tenanted / Occupied
Transfer:  TBD
Road Border:  Borders a 9 metre wide public road on the south side by 45 metres

Other Details:  
Sub-Lease Service (guaranteed rent and parking fees)
Monthly Income Approximately 4,329,941 JPY
Annual Income Approximately 51,953,892 JPY
Gross ROI (hyomen-rimawari) 4.8%

Felt 716 is an excellent apartment building of high quality construction in an absolutely superb location.  It is convenient to both Kitakyushu's most major train and monorail station, Kokura Station and near shopping centres and arcades. Due to it's closeness to JR Kokura Station and its large parking lot, this is highly recommended.  When tenants / renters do leave, finding new ones should be no problem!

If you are considering investing in a Japanese apartment building in Kitakyushu, you should seriously consider the Felt buildings we currently have listed for sale.

Kitakyushu real estate appeals to foreign buyers

Kitakyushu real estate appeals to foreign buyers...

Things continue to look up for Kitakyushu.  The real estate market is in good shape at the moment.

Banks are lending. People are spending. Houses are getting built. Condominiums, too. Used real estate is also moving.  Land is getting sold to build new houses and apartments.  You can't walk or drive anywhere without noticing properties for sale, new buildings going up, and the improving economy.

Interest from abroad is increasing, as well.  Customers from the Ukraine, the United States, the United Kingdom, Russia, Canada, China, India, Lithuania, Malaysia, Thailand, Hong Kong and France have recently deal with us.

Remember, it is not hard for a non-Japanese to buy real estate here.  Foreigners can buy Japanese real estate no problem. If you are not Japanese and even if you do not have permanent residency, you can still own property in Japan.  It is completely legal and is actually quite simple.


Please don't hesitate to contact us with your Kitakyushu area real estate needs.

We have Japanese and English speaking real estate professionals.

http://www.fudosan-mikawa.com/p/staff.html

More good news for Kitakyushu's economy

The real estate market and general economic situation in Kitakyushu looks to keep getting better.

We have some "inside" information that the Kitakyushu football team (soccer team, if you will) is going to get a new stadium.  As we understand it, this means they will be able to host international matches and also be able to host a J-1 top league pro team in the J-League.  J-League is Japan's professional football league / soccer league.

You can check out the Kitakyushu Giravanz homepage here:
http://www.giravanz.jp/http://www.giravanz.jp/
Use a translation tool if you want to see it in English.  At the current point in time, they only have a Japanese website.

Besides the influx of money this pretty much guarantees the city and local businesses, it makes Kitakyushu more lucrative in the real estate investor's eye.

It should also be noted that the KFC (Kitakyushu Film Commission - NOT Kentucky Fried Chicken) is very active.  What does this mean?  This means major films are getting filmed on location in Kitakyushu more frequently.  In real terms this equates to heaps of money coming into the city.

Filming takes a long time.  Crews are brought in and put up in local lodging.  Money is spent at local businesses.  Kitakyushu gains exposure in Japan and internationally.  Get the idea?

And, who could forget the Kitakyushu Science and Research Park?  You can read all about it here:  http://www.ksrp.or.jp/2012/05/25/KSRP%20leaflet%20English%202012.pdf  in their English language brochure.  But, let us tell you how it is making the real estate market move by showing you some of the key points they bring up in the brochure:

Utilizing "intelligence" of universities to promote local industries and science...

The construction of a cutting-edge industrial city in Asia that creates new technology and enriches lives.  (Strategic goals of industry and employment in Kitakyushu)

The planned daytime population is 12,000 people...


Without going into too much explanation, it is pretty clear that Kitakyushu is moving up.  It is a prime place for investment.  The already superb infrastructure continues to improve and innovate.  People are getting drawn to Kitakyushu, and the standard of living vis a vis the cost of living is very appealing.

If you are thinking of investing in real estate in Japan.  By all means check out Kitakyushu.  Feel free to contact us with your real estate needs.

Orio, A great place to live

Orio, a great place to live....

Orio is an extremely convenient place to live.  Everything you need is in Orio.  A major JR train station where all limited express, express, sub-express and local trains on the JR Kagoshima Honse and Chiku Honsen / Fukuhoku Yutaka Sen train lines stop.  You can easily make it to Hakata in Fukuoka, Nakama, Wakamatsu, Kokura, Nogata and Iizuka from Orio.  Parking isn't nearly as expensive as Kokura.  There are good schools in the area and several universities are located in Orio and its immediate surrounding areas.  Orio has an ample selection of restaurants, convenience stores, supermarkets and shopping centres.


If you are looking to buy, prices are reasonable.  Get in touch with Mikawa for a look at the current listings of land, condominiums, and houses for sale in the Orio area. 

If you are looking to rent.  The rents for flats and apartments here are quite reasonable.  The fact that universities are nearby may have kept the rents down and affordable. 

People from outside of Orio may incorrectly and ignorantly misinform you about the people and the safety.  Contrary to what you may have heard, the people living in Orio are very friendly and helpful.  Some of the nicest people you'll ever meet come from this area.  There are shops here that have been in business for over 100 years.  They must know how to take care of people!

Anyone interested in living in Orio is encouraged to get in touch with the Matt Rowles at Mikawa Real Estate.  They can help.

Their contact form is located here:  http://www.fudosan-mikawa.com/p/staff.html

Traditional Japanese houses for sale

Traditional Japanese houses for sale

Thinking of investing in Japanese real estate? Have you considered traditional Japanese houses? They are totally different from what you have in your home countries. The roof shingles, traditional "daiku" construction, and also the Japanese gardens surrounding them. Good stuff!

The photo below was in the Yahata Nishi area of Kitakyushu City Japan. The property itself is not for sale but the property really looks good, even when surrounded by suburban sprawl. It is easy on the eyes and is arguably the best property in the neighborhood. Anyway, take a peek...



The good folks at Mikawa Real Estate have several traditional properties for sale listed at the moment.



5LDK 2 Storey Japanese Home in Nakama City, Fukuoka Prefecture




This 5LDK w/ service room, is in the Chiyo neighborhood of Yahata Nishi Ku, Kitakyushu City, Fukuoka. Chiyo is becoming a hot-spot for families buying homes these days.

Real estate company's listing link:
http://www.fudosan-mikawa.com/p/staff.html


Nogata is just a stone's throw from Kitakyushu and an easy commute to Fukuoka City. We anticipate big growth in Nogata and rising property rates based on the current trends. Here is a newly renovated Japanese house for sale in Nogata. It is a large 6LDK size traditional Japanese home with modern features.



Real estate company's listing link:
http:http://www.blogger.com/img/blank.gif//www.kitakyushubaibai.jp/noogata/4316.html



Japanese real estate

Kitakyushu real estate

Invest in Kitakyushu Condominiums (Mansions)

Invest in Kitakyushu Condominiums (Mansions)

It is our aim to help you better understand the real estate situation in the greater Kitakyushu area. Kitakyushu is Fukuoka Prefecture's second largest city. It is quite sprawled out and offers ample investment opportunities. The endless debate about whether it is a market for buyers or sellers rages on, and we can help you decide, but truthfully, it is a renter's market. We mean that whether you buy or sell a Japanese mansion type condominium, one of the largest factors will ultimately be the rental condition and trends.

Take a recently listed 2LDK condominium, for example.  It is already 30 years old, but is a well built SRC (steel reinforced concrete) structure in a convenient location. Because of its location and appeal to new couples, those who may work in the nearby area, and even young families who might not be able to buy, it is very appealing. For these reasons, the rents still now command more than 60,000 Yen per month. Measure this against what the cost for such a 2LDK mansion would be and it becomes very appealing as an investment property. In fact, there are some units in this complex that are owned by real estate investors who rent the units out.

Have a look around at any real estate portal site and you'll see what condos go for in the greater Kitakyushu area. The sites are in Japanese but are pretty straightforward so you will get an idea of the cost in MAN units (10,000 Yen). For example a listing showing a price of 480 MAN YEN is 4,800,000 Yen, while a 1,950 Man Yen listing is priced at 19,500,000 Yen. The site also shows what a sample monthly mortgage payment would be. The mortgages are usually based on a flat 1.325% interest rate 35 year mortgage. Invariably, you'll notice the monthly payments of such properties are generally much less than the rents would be if they were rented out in the so-called "chintai" market. Rack the numbers and you can come up with your own GROR (gross rate of return).

Any ex-pats or investors from abroad who are interested in perhaps buying or renting in the greater Kitakyushu area are encouraged to get in touch with the Matt Rowles at Mikawa Real Estate.

Here is a link to his details: http://www.fudosan-mikawa.com/p/staff.html

He can help you with anything related to Kitakyushu real estate.   A home is probably your biggest investment so be sure to do the due diligence.  Mikawa can help you in that matter and expedite the process for you.

Happy home hunting!

Invest in Kitakyushu real estate

INVEST IN KITAKYUSHU REAL ESTATE

As you may or may not be aware, Kitakyushu is poised to boom. Despite occasional local criticism of the prior mayor, Mr. Koichi Sueyoshi, his administration laid the foundation for the growth and improvement we are on the threshold of enjoying. His projects like the Kitakyushu Science and Research Park, Kitakyushu International Airport, and countless others have put Kitakyushu in a better state and made it highly appealing to domestic and international investment.



Major automobile manufacturers are poised to open new factories. Visitors from China and Korea are increasing. Kitakyushu City has a film commission. Yes, a film commission. And it makes money! Big money. The number of major motion pictures made in Kitakyushu is on the rise and with it come millions of dollars for local businesses.

A quick look at the returns and yields on properties here has piqued the interest of lots of speculators and first time investors as well. Take a simple 3LDK used condominium in Kokura Minami Ward, for instance. A property built in the late 1990s and close to a monorail station between Tokuriki and the last stop would probably fetch about 8,000,000 JPY to 15,000,000 JPY. However it would rent out for anywhere between 60,000 to 80,000 JPY per month. If you took out a 35 year loan for the full amount, your monthly payments would be only 45,000 JPY per month. Not bad considering you'd be raking in a really high percentage more monthly by renting it out.

Something to think about...

Kitakyushu Real Estate - Buying A House in Japan

Kitakyushu Real Estate - Buying A House in Japan

Tired of renting apartments/flats or houses in Japan and paying exorbitant "key money"? You might be surprised to find out how reasonable and fairly simple it is to buy a house or real estate in Japan. Buying a house in Japan is not as tough as it seems, and there is a lot of good Kitakyushu real estate out there right now.

Have a look around and see what homes or properties are good for you, and then contact Matt at Mikawa Real Estate http://www.fudosan-mikawa.com/p/staff.html 

Mikawa can help you find a home that meets your needs and budget, and will also assist you in getting the financing and assistance you'll need to renovate, move, and get set up.

Happy house hunting!

Invest in Japanese Real Estate

INVEST IN JAPANESE REAL ESTATE

KitakyushuRealEstate.com believes that now is an excellent time to invest in Japanese real estate. There are so many bargains to be had.  Foreclosures can be bought cheaply. Real estate agencies like House Club in Kitakyushu can assist you in buying a property, renovating the property, and reselling or renting it out. They also offer property management and maintenance. Demand in Japan for larger rental units is increasing. A new trend here is for owners of larger manshon / mansion / condominiums is to rent out their 4LDK 5LDK or larger size condominiums. Home owners are also finding this fruitful as there is definite demand for persons wishing to rent single family homes. Houses are not that expensive, contrary to popular misconception, and can be rented out quite easily. We suggest contacting a Japanese realtor such as MIKAWA (link below) and seeing what is available in this very promising investor market we have right now.

http://www.fudosan-mikawa.com/

Kitakyushu Real Estate Agency

Kitakyushu Real Estate Agency

We are proud to introduce MIKAWA, a leading real estate agent in Kitakyushu Japan. Mikawa handles rentals such as rental apartments / flats , houses , commercial properties , etc. Mikawa is also a fully licensed and full service realtor that can help you buy or sell property, a house / houses , a condominium / condo / condominiums / condos and land. They offer specialized and personalized service for international residents in Ktakyushu, Yahata Nishi, Yahata Higashi, Kokura Kita, Kokura Minami, Tobata, Wakamatsu, Moji, Nakama, Kurosaki, Orio, Nogata, Iizuka, Kurate, etc. Native English speaking staff are available to assist. Mikawa also aims to help single mothers, renters and buyers with pets, newlyweds, students, retirees, divorcees, and other customers who may have trouble dealing with the bureaucracy of a typical real estate agent in Japan.

Their homepage (Japanese language) link is below:

http://www.fudosan-mikawa.com/