• Housing
  • 2024.12.28

    Introducing the website where Chinese people can find real estate and what to look for when buying real estate in Japan.

    Japanese real estate prices have been increasing year after year. With prices expected to continue to rise, Japanese real estate is attracting attention not only in Japan but also outside of Japan.

    In this article, we would like to introduce to you some points to keep in mind when purchasing real estate in Japan, as well as websites where you can actually search for real estate for Chinese people.

     

     

    What you need to know before buying real estate in Japan

    Many foreigners wonder what they need to be careful about when purchasing Japanese real estate for the first time. Many foreigners may wonder, “What should I be careful about when I buy Japanese real estate for the first time? We have compiled a list of points that you should be aware of! We have compiled a list of points that you should be aware of, and will explain each of them below.

    Check the capital and number of employees on the real estate website.

    More capital = is viewed as a large company. The larger the company, the wider the range of real estate types it handles, making it easier to find real estate that meets your needs.

    The same reason applies to the number of employees. The more employees, the bigger the company is perceived to be. Avoid companies with very few employees, for example, because the real estate information they handle may not even be correct.

    Be aware of differences based on nationality.

    When purchasing real estate in Japan, there are differences depending on the nationality of the buyer.

    One major difference is the mortgage loan. When a Japanese person purchases real estate, he/she can use a mortgage loan from the Bank of Japan.

    However, foreign nationals cannot use a Bank of Japan mortgage loan. It is important to know if you can get a loan or not, as it is important in purchasing real estate.

    Second, after a foreigner purchases real estate in Japan, he/she is required to report the purchase to the Minister of Finance according to the Foreign Exchange and Foreign Trade Law. Please note that failure to report may be illegal.

    Confirm the method of payment for the purchase price.

    Foreigners who do not have a Japanese account may often use an overseas remittance to pay for the purchase or sale of real estate. In order to ensure smooth settlement, the payment should be remitted in advance.

    The remittance destination is often designated as the real estate company’s deposit account. Therefore, it is important to choose a reliable real estate company.

    Recommended real estate sites for Chinese residents

    If you are considering purchasing real estate in Japan, start by searching for properties and land that meet your requirements from real estate websites.

    Each of these sites has support for Chinese people, so please take advantage of them.

    JP Real Estate


    Source: https://www.jpfudosan.com/

    JP Real Estate has a Chinese-supported telephone receptionist and e-mail support for Chinese people.

    The website is written in Chinese and handles a wide range of properties, including condominiums, land for sale, and single-family homes. The most attractive feature of the site is that the administrative scriveners and accountants with whom it works can provide consistent support for real estate-related procedures.

    Since free consultation is also available, this real estate site is also recommended for those who would like to hear about real estate first.

    WAGAYA Japan


    Source: https://wagaya-japan.com/jp/
    wagaya Japan is a real estate sales website for foreign owners. The site has a network that links with real estate companies throughout Japan and has multinational staff, so even those who are not confident in their Japanese language skills can proceed with transactions with peace of mind.

    Furthermore, since we have built a network with specialists who specialize in real estate transactions for foreign owners, tax accountants, financial institutions, etc., we can carefully support you through the sale procedures in Japan, which may seem complicated.

    Conclusion

    So far, we have introduced some cautions for Chinese people when purchasing real estate in Japan and websites where you can search for real estate.

    Although it may seem difficult to conduct a real estate transaction in a country other than your own, it is possible for anyone to conduct a real estate transaction as long as you check the procedures and take all the necessary precautions.

    When looking for real estate, we hope you will refer to the recommended real estate websites we have introduced here. We hope you will be able to find the real estate that meets your needs.