Landed: The Guide to Buying Property in Japan

Mr Christopher Dillon

Softcover

ISBN 10: 9881714737 ISBN 13: 9789881714732

Publisher: Dillon Communications Ltd., 2010

In Landed Japan, you’ll learn:

• How to buy Japanese real estate, including high-yield Tokyo apartments, custom-built houses, machiya, foreclosed homes and chalets in Niseko and other ski resorts
• How an aging population, a falling birth rate and other demographic trends drive demand for small Tokyo apartments
• Where to find English-speaking real estate agents, mortgage lenders, architects and other essential service providers
• Where foreigners can get a mortgage in Japan and the documents and insurance you will need to apply for a home loan
• About managing risks such as asbestos, earthquakes, floods, nuclear power, termites and zoning
• Why you should avoid buying homes in rural areas, apartments built on leased or reclaimed land, and old houses in Japan
• About nonresidential investments, such as Japanese love hotels, nursing homes, farms and real estate investment trusts (J-REITs)
• About Japanese investment property, including financing, management companies, tenants' rights and standard terms in a lease agreement
• How Japanese real estate is appraised and taxed and the use of tax-efficient structures like tokumei kumiai (TK) and tokutei mokuteki kaisha (TMK)
• Much more

Product Description:

"Landed: The guide to buying property in Japan" is a resource for anyone purchasing-or thinking of purchasing-real estate in Japan. Whether you're looking for a family home, a ski chalet or an investment property, Landed Japan will save you time, money and effort. In Landed Japan you'll learn: > How property is bought and sold in Japan. > Where to find financing, legal advice and other essential services. > How to recognize and manage Japan-specific risks. > Where to find property listings (even if you can't read Japanese). > How aging and migration are reshaping Japan's property market. > Where not to buy. > How to check a real estate agent's credentials. > How to get tax breaks and other incentives. > About the opportunities and risks in recreational and repossessed property. > How residents and nonresidents have successfully bought property in Tokyo and beyond.

About the Author:

Christopher Dillon is an award-winning writer and entrepreneur based in Hong Kong. In 2002, he bought and renovated a floor in an office building in Hong Kong’s Central business district. Since then, he has purchased and refurbished a luxury apartment on the west side of Hong Kong Island and transformed a derelict steam laundry into a multimedia studio. He began investing in Tokyo real estate in 2010. That experience inspired four books: Landed: The expatriate's guide to buying and renovating property in Hong Kong (2008); Landed: The guide to buying property in Japan (2010); Landed China (2013); and Landed Global (2014), which includes case studies and data from more than 110 countries and territories. In 2015, he released an expanded and revised edition of the Hong Kong book under the title Landed Hong Kong. A native of Canada, Chris Dillon lived in Tokyo from 1989 to 1992. He appears regularly in the international media, as both a contributor and a guest.