Buying Real Estate in Japan: A Complete Step-by-Step Guide
At RE/MAX BASE and Arrows International Realty Kyoto, we are committed to helping you navigate the process of purchasing property in Japan with confidence and peace of mind. Whether you are buying a home for personal use or as an investment, our bilingual team is here to provide comprehensive support at every stage.
1. Initial Consultation and Budget Planning
The first step is to meet with our experienced agents to discuss your needs and preferences. We will help you understand the types of properties available and guide you in setting a realistic budget. If financing is required, we can introduce you to lenders that offer mortgage options for non-Japanese residents.
Tip: Having pre-approval from a bank can help strengthen your offer when you find the right property.
2. Property Search and Viewings
Based on your requirements, we will provide listings that match your criteria. You can view properties in person or through virtual tours. Our team will highlight key features, local amenities, and potential concerns such as building age or maintenance history.
We can also advise on neighborhood characteristics and access to public transport, schools, and shopping areas.
3. Making an Offer
Once you find a property you like, we assist in preparing and submitting an offer. Our agents will negotiate on your behalf regarding price, conditions, and delivery date. Offers in Japan are typically made in writing through a formal document called a purchase application form (買付証明書).
4. Signing the Sales Agreement
After the offer is accepted, we will proceed to the signing of the sales agreement (売買契約書). At this stage:
- A deposit (usually 5%-10% of the purchase price) is paid
- A licensed agent provides a detailed Important Matters Explanation (重要事項説明) covering legal, structural, and environmental aspects of the property
5. Preparing for Settlement
Before closing, we will help coordinate:
- Mortgage arrangements and final loan approval
- Preparation of necessary documents (ID, tax documents, power of attorney if needed)
- Final inspection of the property
We also guide you on necessary insurance and utilities setup.
6. Closing and Handover
On settlement day:
- The balance of the purchase price is paid
- The property ownership is transferred at the Legal Affairs Bureau
- Keys are handed over, and you take possession of your new property
We will be on hand to ensure the process goes smoothly and securely, working closely with judicial scriveners and financial institutions.
Additional Support
Buying property in Japan involves unique procedures and legal requirements. Our team provides:
- Bilingual support at every step
- Referrals to legal and tax experts
- Assistance with moving, renovations, and property management
Contact RE/MAX BASE Kyoto or Arrows International Realty today to begin your property search. We look forward to helping you find your ideal home or investment property in Japan.