Purchase Property in Tokyo | Tokyo Apartments

Property Investment in Tokyo
Purchasing a Property through Enplus Inc.

Overseas investments has always been hindered by the legal, cultural, and language barriers that exist. This is especially the case in Japan, where these barriers are both apparent and prominent. Enplus Inc. believes in the globalization of Japan, and has specializes in real estate related services for non-Japanese Expatriates and Multinational firms in Tokyo. Enplus has built a strong network with major developers and landlords in Japan to provide various investment solutions in the real estate industry.

Enplus provides both short and long-stay accommodation throughout central Tokyo, ranging from luxury Serviced Apartments to rental Houses. Our experience in the real estate market and our ‘One Stop Solution' allows one to find and purchase a property, lease the property while searching for a buyer, and then make the necessary arrangements for selling the property. We also offer long-term investment opportunities through asset management and property management.

Property Purchase Flow

Step 1 : Consultation

Clients' Needs vs. Market Trends

A meeting to discuss investment opportunities according to the clients' needs and goals. Enplus Leasing Consultants will explain the current market trends and procedure to purchase properties in Tokyo.

Step 2 : View Properties

Arrange Property Tours

View sample properties to get a feel for the market and Tokyo in general. Properties will be recommended by Enplus according the client's needs.

Step 3 : Submit Offer Letter

Letter of Intent

Once a certain property is of interest, an letter of intent will need to be signed to start negotiations. This letter is to show the owner that the property in question is under consideration to purchase and will also give us priority for the negotiations.

* Cancellations will not result in a cancellation fee nor penalty.

Step 4 : Calculate Other Costs

Calculate the Total Cost

Apart from property price, other costs such as Stamp Duty, Registration Fee for government, Fire Insurance, Registration Tax and fee for Judicial scrivener etc. will be estimated.

*Certain fees can only be determined after the contract is signed.

Step 5 : Sign Contract

Contract Signing & Deposit

Once the two parties have agreed on a final price and other conditions (date of delivery etc), the Buyer and the owner will exchange a final contract. ** Client will be required to be in person to sign the contract ** Deposit (10% of property price) and 1st half of the agent fee will be required upon contract.

Deposit (Non Refundable):
Usually 10 % of property price is required as the first deposit. Buyer can cancel the contract with release deposit. In case Seller need to cancel the contract after 10% deposit is submitted, then the seller must pay double (20% of property price) to cancel.

Agent fee:
Agent fee = Property Price x 3.15% + 63,000 JPY (Tax included)
1st half of the total Agent fee is required upon contract and 2nd half upon delivery.

Step 6 : Preparation for Delivery

Register your overseas address with Japanese Government

Special Requirements for Non-Japanese upon registering ownership To Register for the Buyers' new ownership to the Government, a formal statement which confirms your overseas address is required. The official statement varies on the Buyers' address. Enplus will provide the necessary information accordingly.

Step 7 : Delivery

The final step in your purchase

The remaining balance of the property and 2nd half of the agent fee will be required to finalize the purchase. The owner will then present the property ownership documentation to the Buyer. We can then go ahead and register the Buyer as the new owner to secure ownership.

Upon delivery, the Buyer generally must be there in person to sign the documents. If the Buyer must assign Enplus or a third party to sign on the Buyers' behalf, special arrangements will be required.

Property Investment in Tokyo Purchasing a Property through Enplus Inc.