Property for sale in Japan
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Is one of the 47 prefectures of Japan and located on the eastern side of the main island Honshū. The twenty-three special wards of Tokyo, each governed as a city, cover the area that was once the city of Tokyo in the eastern part of the prefecture, and total over 8 million people.
2/ Country: Japan
Is an island country in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, People's Republic of China, Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south.
3/ Property for sale in Japan
While Japan has much to offer on the employment front, the property market has been shunned by foreign nationals and foreign investors due to the high cost of good quality property as well as the ever present risk of earth quakes. As no region can really be qualified as safe, buying a property is always risky, as it could be destroyed any time in the future. The safest bet is to buy land, which can be profitable in big cities when rented as parking space. Since the the burst of the financial bubble in 1990-91, real estate prices have plummeted by 50% for residential and 80% for commercial land in Tokyo and Osaka. Tokyo is the most expensive area for property by miles! As you move further away from the centre of the city, or even just further away from a station, property prices begin to decrease progressively. Furthermore, the older the property is, generally the cheaper the property. And 30 years is old in Japan as property is constantly being rebuilt due to either earthquakes or re-optimization of land. The cost of buying a house in Japan varies dramatically from region to region and depending on the type of real estate you are looking to buy! If you move away from the major cities or consider areas where there is actually |
- Ocean view property, Fiji
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Selling price :
196 700 €
Land space : 3800 m²
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