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FAQ

Frequently Asked Questions
  1. 1. Buying Real Estate in Japan

    Q1. Can foreigners buy property in Japan?
    A.

    Yes, foreigners can freely purchase real estate in Japan. There are no restrictions on purchases, and neither visa status nor nationality is relevant.
    If you are interested in owning property in Japan, or if you already own property, please see For Owners.

    Q2. Can I get a loan from a Japanese bank?
    A.

    It is often difficult for foreigners to obtain financing, but it may be possible if you have permanent residency in Japan and can provide collateral. Some areas, such as Niseko, have banks that are actively lending to foreigners.

    Q3. Is property ownership in Japan freehold?
    A.

    Yes, most properties in Japan are freehold. However, some properties have leasehold rights.

  2. 2. Purchase Procedures and Additional Costs

    Q4. Are there any additional costs associated with purchasing real estate?
    A.

    In addition to the purchase price, you will need to pay approximately 5% in fees and taxes. These include:

    - Real estate agent commission: 3% of the purchase price + ¥60,000 + consumption tax
    - Legal and translation fees: Varies depending on the scale of the transaction
    - Contract stamp duty: Required for the purchase contract
    - Registration fee: Tax based on the property valuation
    - Fixed asset tax: 1.4% per year (based on the assessed value)
    - Mailing expenses: Approximately ¥5,000 per transaction

    For more details, see the Real Estate Purchase Process
  3. 3. Hokkaido's Property Market and Investment Benefits

    Q5. Why is Hokkaido a good place to invest in real estate?
    A.

    Hokkaido, especially Niseko and Furano, is a popular tourist destination with high demand for ski resorts in winter and sightseeing in summer. This results in stable occupancy rates throughout the year. Hokkaido also has a well-developed transportation infrastructure, providing easy access. For more information, please see Vacation Rental Investment Services page.

    Q6. How do I access Hokkaido's resort areas?
    A.

    Niseko and Furano areas are accessible from New Chitose Airport in approximately 2 hours during summer and 3 hours during winter.

  4. 4. Ongoing Property Costs

    Q7. What kind of expenses can I expect after purchasing a property?
    A.

    The main expenses are real estate acquisition tax and annual fixed asset tax. If you reside overseas, you will need to appoint a tax agent.

    - Real estate acquisition tax: A one-time payment 6 months after purchase
    - Fixed asset tax: 1.4% of the assessed property value, paid annually

    For new construction and renovation work after purchasing a property, please contact us separately.

    For more information, please see
    JANKEN's Renovation & Refurbishment Services.
  5. 5. Rental Income and Capital Gains Taxes

    Q8. What kind of taxes are levied on rental income?
    A.

    Rental income is taxed as income, but in the first 5 years, accelerated depreciation may offset the tax burden.

    Q9. What is capital gains tax?
    A.

    If you own the property for less than 5 years, a 30% capital gains tax applies. If you own the property for 5 years or more, a 15% capital gains tax applies.

  6. 6. Property Management and Operational Support

    Q10. Do you offer property management services after purchase?
    A.

    Yes, JANKEN provides full support, including reservation management, guest relations, cleaning, and maintenance.

    Q11. What specific services does JANKEN's management service include?
    A.

    JANKEN's property management services include:

    - Property cleaning and housekeeping
    - Rental management and guest relations
    - Payment of property management fees
    - Various tax support

    For more information, please see JANKEN's Services.
  7. 7. Tax Management and Accounting Support in Japan

    Q12. Can you explain tax management in Japan?
    A.

    Rental income is taxed as income, and annual payment of fixed asset tax is required. If you live overseas, you will need to appoint a tax agent.

    Q13. What about depreciation?
    A.

    New properties can be depreciated over 39 years at 2.6% per year, and used properties can be depreciated over 10 years at 10% per year.

  8. 8. Sales Process and Ownership

    Q14. How long does the sales process take?
    A.

    Typically, it takes about 2 weeks to 3 months due to the complexity of the process. JANKEN will support you to ensure a smooth sales process. If you are interested in selling your property, please contact us through our property sales consultation form.

  9. 9. Other Questions

    Q15. Do you offer property viewing tours for investors?
    A.

    Yes, JANKEN also offers property viewing tours in the Niseko and Furano areas. For more information, please see our

    Vacation Rental Inspection Tours.

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