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!

How to get a housing loan in Japan for foreign residents

How to get a housing loan in Japan for foreign residents

If you are looking to buy a property in Fukuoka Prefecture Japan, more specifically the greater Kitakyushu, Onga, Nakama, Nogata, Iizuka, Kurate, Miyawaka, Yukuhashi, Tagawa areas, MIKAWA REAL ESTATE can help. Mikawa is based in Yahata Nishiku Kitakyushu. They have dealt with all the banks and can advise you as to which bank would be best suited for you and which banks you would have the best chance of securing a home loan from.

Some key points to keep in mind. You'll want to have permanent residency or citizenship. It is possible to buy a house without these, but you'll need to do so as a company. Also, you'll want to be sure you have been declaring your income and paying your income taxes. Ensure your company is doing this as well. Having more than two years worth of the so called "gensenchoushuuhou", which is a tax certificate slip, or statement of earnings and taxed income statement is pretty much a must. Those who are self employed or independently employed will especially need to have more than two years worth of these to qualify.

To simplify things, it is probably best for you to make an appointment with a real estate company such as Mikawa and see what your options are. A lot goes into buying a house, condominium, or land so you'll want to be prepared. Don't worry about being a "foreigner" paperwork isn't that much voluminous than it is for native residents of Japan.

Contact Matt @ Mikawa in English --- His details can be found at the site listed below

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