Tips for Purchasing Overseas Property in Japan

Japan is a country which strikes me as a dichotomy. On one hand, it is a closed culture with language barriers and foreigner shy . On the other hand, its residential real estate market is a huge attraction for foreign investors. How does Japan hold the spot as the second largest real estate market in the world, behind the U. S.?

Investors look for stable, growing locations with improved infrastructure. Fukuoka is the capital city of Fukuoka prefecture and Western Japan’s biggest and most prominent metropolitan centre 買日本樓. This modern developed city attracts investors for both, quality of living, and a lower cost of living than first tier cities such as Osaka and Tokyo, and much more affordable to purchase.

Where there are tenants there is rental income. There is no shortage of tenants in Fukuoka and it’s easy to see why. For one reason, it is home to Fukuoka Airport, which services international and domestic flights, and acts as a key hub for business and travel in South-East Asia, and as the primary gateway to Japan for an increasing number of travellers from those countries. Second, Fukuoka hosts more than 2 million tourists annually, mainly from South Korea and China.

Not only is it easy to find occupied properties, but in this lucrative market tenants hold secure jobs. Fukuoka’s economy is largely focused on the service sector. It is the headquarters of large corporations, Iwataya and Kyushu Electric power, Kyushu Railway Company (JR Kyushu) and Nishi-Nippon Railroad, as well as many small IT, logistics and high-tech manufacturing firms. It is also home to several regional broadcasters including Fukuoka Broadcasting Corporation, Kyushu Asahi Broadcasting, Love FM, RKB Mainichi Broadcasting and Television Nishinippon Corporation.

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