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Initial costs vary depending on the price of the property, loan terms, and other expenses, but as a general guideline, 8-15% of the property price is required.
In order to generate stable income, it is important to choose an area with high rental demand and a property whose value is unlikely to decline in the long term.In addition, when using financing from financial institutions in Japan, buildings built before 1981 and based on old earthquake resistance standards are not eligible for financing.In addition to the legal compliance of the building, attention should also be paid to the age of the building and whether or not environmentally hazardous substances are used.
Tokyo, Osaka, and other major metropolitan areas remain popular, but recently even regional cities have been attracting attention.Recently, we have received many inquiries from Kumamoto and Hokkaido due to the attraction of semiconductor factories.