Tips for Purchasing Overseas Property in Japan
Imagine the joys of an apartment, chalet, house that provides a channel of income whenever you are not staying in it or land that appreciates at a rate that will give you financial freedom upon resale. This kind of place would be beautiful to visit in winter and summer, comfortable and easy to live in, ready for you whenever you want because it would be yours. The perfect getaway for anyone and whenever you want and you can reap the rewards of the continual growth in this property market just like the 100’s of investors that have made massive profits from their investments.
You should be asking yourself, “where is this paradise and how can I be a part of it?”
The place is Niseko, Japan and you can be a part of it!
A little about Niseko
“Niseko is Asia’s booming 4 season 東京樓 resort” Situated in Hokkaido on Japan’s most northerly islands, Niseko was once a “locals-only” snow town, but is now being heralded as one of Asia’s foremost resort locations and of the world’s finest ski destinations.
Famous for its breathtaking nature and world class powder snow, over the past 5 years, Niseko has experienced massive growth. Figures speak for themselves, with annual international tourist numbers increasing 14 fold since 2002 (Kutchan Tourism Board).
Niseko’s fame stemmed from its endless showers of feather-like powder snow, however in recent years, the charm of its spring, summer and autumns have been slowly discovered, as it evolves into one of Asia’s premier all year round resorts. Niseko is now host to summer events such as Niseko Cycle Week, Niseko Golf Week and the NAC Adventure Races Series.
A little about the Niseko and Japan real estate market
“Japan, one of the world’s most promising investment destinations” Japan, has the world’s second largest economy, is also one of the world’s most promising investment destinations. After its fall in the 90’s, Japan’s economy has been on the consistent incline and is now making what is reportedly the longest and steadies economical comeback in its post-was history.
With the value of the yen and interest rates still sitting at an all-time low, this translates to increased purchasing power per dollar, presenting foreign buyers with an extremely attractive platform for inbound investment.
Investors have been reaping the rewards from Japan real estate and the Niseko market; it is not uncommon of investors selling property 12 months after purchasing and doubling their purchase price.
Advantages of buying real estate in Japan:
Low purchase price compared to similar markets in the western world
Weak Japanese yen versus international currencies, giving you more purchase power for your dollar
Strong rental returns in tourism destinations like Niseko
Selected real estate agencies in Japan are set up to help foreigners invest in Japan
Strong capital gains on resale
Continually increasing into a world renowned tourism destination
Low yen interest rates available
Real estate in Japan that you own can be used as a holiday destination for you and your family
Large international corporations are continually recognizing Japan as an investment and tourism destination and establishing themselves in Japan as quickly as possible.
A lifestyle investment that is affordable, profitable and a secure investment in your financial future.
Niseko Japan is one of the few property markets that is continually growing and returning