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.
Showing posts with label invest. Show all posts
Showing posts with label invest. Show all posts
Housing boom in Kitakyushu now?
Housing boom in Kitakyushu now?
They are popping up all over the city now. It's been a while since we've heard it, but banks and home builders are saying things are looking better and they are constructing new houses around the greater Kitakyushu area now. Prices are quite reasonable, also.
One reason is that the economy seems to be getting better, partly due to the resurgence of the LDP (Liberal Democratic Party) in the Japanese government. The other party took a lot of the blame and wasn't so effective. Based on these hopes, companies are seemingly becoming a bit more confident and aggressive.
Another underlying reason for the rush now would be the unfortunately seemingly unavoidable increase of Japan's national consumption tax (sales tax in the USA). It is currently at five percent, but the government is leaning towards increasing it to ten percent. Five percent savings is quite an amount, so investors and people buying homes are trying to take advantage of the lower consumption tax while they still can.
The success and aggressive home builders like Arnest One who are manufacturing a large variety of house at quite low rates is also a leading factor in the current boom we see developing. A new house in Kitakyushu can be had for quite a reasonable price now.
Hopefully the trend will continue and Kitakyushu will enjoy further prosperity. The current mayor has a good reputation and is working hard to make Kitakyushu a better place for both citizens and businesses. The last few years have seen good outside investment into Kitakyushu, as well as solid and well planned improvements to the city in general and its infrastructure.
Kitakyushu is also enjoying positive exposure nationally in films. The Kitakyushu Film Commission, also called "KFC" is apparently finger lickin' good for filmmakers. A lot of high profile, high budget films have been set in Kitakyushu over the last couple of years. Good PR for the city, and it brings in some decent money for local businesses and the people of Kitakyushu.
All in all, things are looking good. Now is probably one of the best times to invest in Kitakyushu real estate or buy a residential property for yourself. Inquiries in English can be handled by Matt at Mikawa Real Estate. His contact details are here:
http://www.fudosan-mikawa.com/p/staff.html
by El Matador
They are popping up all over the city now. It's been a while since we've heard it, but banks and home builders are saying things are looking better and they are constructing new houses around the greater Kitakyushu area now. Prices are quite reasonable, also.
One reason is that the economy seems to be getting better, partly due to the resurgence of the LDP (Liberal Democratic Party) in the Japanese government. The other party took a lot of the blame and wasn't so effective. Based on these hopes, companies are seemingly becoming a bit more confident and aggressive.
The success and aggressive home builders like Arnest One who are manufacturing a large variety of house at quite low rates is also a leading factor in the current boom we see developing. A new house in Kitakyushu can be had for quite a reasonable price now.
Hopefully the trend will continue and Kitakyushu will enjoy further prosperity. The current mayor has a good reputation and is working hard to make Kitakyushu a better place for both citizens and businesses. The last few years have seen good outside investment into Kitakyushu, as well as solid and well planned improvements to the city in general and its infrastructure.
Kitakyushu is also enjoying positive exposure nationally in films. The Kitakyushu Film Commission, also called "KFC" is apparently finger lickin' good for filmmakers. A lot of high profile, high budget films have been set in Kitakyushu over the last couple of years. Good PR for the city, and it brings in some decent money for local businesses and the people of Kitakyushu.
All in all, things are looking good. Now is probably one of the best times to invest in Kitakyushu real estate or buy a residential property for yourself. Inquiries in English can be handled by Matt at Mikawa Real Estate. His contact details are here:
http://www.fudosan-mikawa.com/p/staff.html
by El Matador
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
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!
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...
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...
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.
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