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The AKIYA Boom Is Here! Discover the Appeal and Business Opportunities of Japan’s Vacant Houses

Background of Growing Interest in Vacant Houses and Their Appeal Recently, there has been growing interest in vacant houses both domestically and internationally in Japan. Particularly in rural areas and older properties in need of renovation, these houses are often considered to have low market value. However, as the population declines and the number of vacant houses increases, these properties...

Explanation of Property Management Companies and Contract Methods

For property owners to manage their properties effectively, it is essential to understand the role of property management companies and choose the one that best suits their needs. ■ What is a Property Management Company? A property management company is a specialized firm that manages properties on behalf of owners. Since handling all management tasks alone can be challenging, outsourcing to a...

How to Start Essential Utilities (Electricity, Water, and Gas) for Life in Japan

To begin life in Japan, setting up utilities such as electricity, water, and gas is essential. Here, we provide guidance on how to start each utility, with information on options for English assistance. We recommend starting these procedures about one week before moving in. If you would like additional support, we can also introduce services to help with the utility setup process. Please feel free to...

When Buying Real Estate, Additional Costs and Taxes to Consider Beyond the Purchase Price

Buying a home is an exciting but major life decision. It’s common for buyers to assume that only the purchase price needs budgeting, but there are also other costs—like additional fees and taxes—that need to be covered in cash, as they’re often not eligible for mortgage coverage. Generally, the total of these costs runs around 3–5% of the purchase price for a new property and 5–10% for...

What Foreigners Need to Rent a Room

The required documents for students to rent a property in Japan are as follows. ● Residence CardThis is a mandatory ID card for those residing in Japan. It includes information such as your name, date of birth, and residency status. ● Student ID or Letter of AcceptanceIf you are already enrolled, a student ID is required. If you have not yet enrolled, you may be asked to provide proof of your...

Yokosuka, Yokohama, Kawasaki: Ideal Residences Chosen by Foreigners.

■Yokosuka■Yokosuka has a high demand for housing for U.S. military personnel due to the presence of a U.S. military base. Through "Base Contract," it is possible to set rent prices that are 20–30% higher than the usual market rates. This makes the area very attractive to investors, as high rental income can be expected. SeaHome offers comprehensive support from lease agreements under "Base Contract"...

Fundamentals of Real Estate Registration and Its Impact on Investors

Real estate registration is a system that publicly records information about the ownership and rights of real estate. This procedure is conducted when land or buildings are bought, sold, inherited, or when an address change occurs. Below are some key points regarding real estate registration. ■Purpose of Real Estate Registration■ The purpose of real estate registration is to publicly disclose...

When purchasing a property, there are several key types of insurance to consider.

■ Fire Insurance■ Fire insurance is recommended for all property owners. It covers damage to buildings and household belongings caused by fires and natural disasters. Since fire risks exist, this insurance is generally considered essential. Point: Premiums vary depending on the property's location and building structure. Areas prone to natural disasters or wooden structures tend to have...

What You Need to Know Before Buying a Condominium! A Comprehensive Guide to “Management Fees and Repair Reserve Funds”

When you buy a condominium, there are ongoing monthly costs beyond just repaying your mortgage. These include "management fees" and "repair reserve funds." It's important to fully understand these fees before making a purchase. In this blog post, we'll provide a detailed explanation of these costs, which you'll continue to pay even after buying your condo. ■(1) Ongoing Costs After Purchasing a...

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