Property Investment is a stable source of extra income with minimal risks. There are dozens of popular countries for property purchase to choose from, but one of the best options is undoubtly Japan. Let's get familiar with the widely shared reasons to consider property investment in Japan.
1. Stable rental value
Japanese property prices don't fluctuate dramatically compared to the other countries, what provides you with considerable sense of safety. Also, Japanese property rental market is always full of potential tenants as economically reliable population tend to move a lot due to both career and private reasons.
2. Stable property price
The rental values also keep the same level within a long period of time. Still, if you examine the Residential Property Prices for Japan data in a recent 5 year span, you may notice a steady rise.
On the one hand, it means you would better consider investing in some property before the prices went too high. But on the other hand, it is a good marker for your prospect investment to be repaid really well in a couple of years.
3. Competitive yield
Japanese property investment market is renowned for its competitive yield so there are plenty of options to rise your interest. Legally, there is almost no distinction between foreigners and Japanese citizens when it comes to owning any type of property, which made Japan the second most popular country in Asia to buy property as a foreigner.
As you may notice from the data provided by the Urban Land Institute survey, Japan's two major cities, Tokyo and Osaka are listed among the TOP 5 Asia Pacific region cities generally good for investment.
This trend is fuelled by the slow but steady market rise after the Pandemic caused recess of the recent couple of years.
So, if you are considering investing in the property abroad, Japan is one of the best options available.
4. High occupancy
Another particular feature of the Japanese property rental market is high occupancy, which means that you will not experience a shortage of tenants even at hardest times.
The average occupancy rate of rental apartment buildings was showing a steadily improvement trend since 2010 with a 96% peak hitted in 2016. Unfortunately, the recess caused by the Pandemic was not good for the market statistics, yet with the official WHO announcement of the COVID-19 no longer being qualified as a global emergency, the further forecats tend to be as bright as they have been before.
5. Political stability
Last, but not least, the political stability of the Japanese society is a major factor of the considerable price and value stability. Compared to the other countries' property investment markets this makes Japan a remarkably smart choice.
With no major changes in the both domestic affairs and diplomatic political agenda within a long span of time, Japan preserves its status of one of the most stable countries in the region. This means the economic trends remain the same too, which is a good backup for any investment prospects.
No matter if you interested in investing or consider residing in Japan at your own property, the tendencies within the local real estate market are quite favorable so if you have any further questions, feel free to contact us for any assistance.
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