Priti Donnelly is the sales and marketing manager at Nippon Tradings International, a proxy and buyers’ agency representing foreign investors with purchasing, selling and managing real estate in Japan. She understands the importance of transparency in today’s international market. Through her insight, she focuses on breaking barriers and helping investors feel confident about their property investments.
Commercial is “out” – residential is “in”
New condominiums put up for sale in the greater Tokyo area in 2016 fell percent from the previous year to 35,772 units
Priti Donnelly investigates the process every prudent buyer should follow when considering buyig property in Japan
China today has more billionaires than any other country, yet these plutocrats are not the ones leading their nation’s charge into Japanese real estate markets. More than half of the enquiries made by Chinese buyers were for properties selling for $500,000 or less.
Real estate investments in Japan continue to attract foreign buyers from around the world for high yield, affordable prices and cash flowing rental income.
International properties, especially in Japan, can be much more rewarding both in affordability and higher yield.
Overseas property investors are keeping a close eye on changes to Japan’s rental accommodation laws, which could open a new and potentially highly profitable market.
Japan’s property prices have fallen 70 per cent over the past 16 years and the yen has depreciated by more than 20 per cent against the US dollar.