Property Management Hints and Tips from Japan

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Property For Sale【June’s Pick】- Condominium in Tokyo’s Prestigious Area

Today’s property for sale features single condominium units in Tokyo’s most prestigious areas! Imagine living in the heart of Ginza where it only takes you a 8-minutes-walk to Kabukiza Theatre. Or waking up with a gorgeous view of both Tokyo Tower and Skytree. Besides single family homes and low rise apartments, high rise condominium can also be found in Japan, especially in the most easiest accessible areas of Tokyo. Below are some pickups of condominiums for sale! While some of them are still under construction, some are occupied with tenants.  They can be purchased for self-use or investment. Click to download …

Harajuku Station Renovation

2020/04/18   -Living in Japan
 

Harajuku station, the symbol of youth culture and one of the most visited landmarks in Tokyo, has fulfilled its duty on March 21st, 2020. Oldest wooden structured railway station in Tokyo I am sure a most of you are familiar with this station as it is one of the most visited tourist spots in Tokyo area. Harajuku station is the oldest wooden structured railway station in Tokyo, built in 1924. Since then, it has been serving approximately 70 thousand passengers each day on the JR Yamanote Line. While many related Harajuku to youth culture and latest trends, Harajuku station actually …

COVID-19 in Real Estate Industry

The COVID-19 pandemic is becoming more severe in many parts of the world. Hope everyone is staying safe. Art Avenue is taking necessary measures to prevent further spreading of the virus. Under such situation, we have received voices of concern from our valued customers and business partners regarding the operation of our company and real estate industry. Impact on the Real Estate Industry As reported on news, hotels and private lodging are experiencing a major shock. In Osaka, private lodging management company established bankruptcy as a result of COVID-19. We have also received rent reduce negotiations from a few lessee …

Art Avenue’s Managed Property on TV!

Art Avenue’s managed property was featured on a popular Japanese TV show last week. Convenient Location in Prestige Neighborhood Cherry blossom trees in Ueno Zoo   The property featured is located in one of the most prestige area in Tokyo – 15-minute walk from Ueno station. Ueno station situated on JR Yamanote Line is one of the most accessed railway stations in Japan with over 100,000 passengers each day. In Ueno district, you can find recreational spots and facilities such as Ueno Zoo, Ueno park, and Tokyo National museum, etc. Besides the advantage in location, this property has many other …

2020’s Major Events and Real Estate Trend – Civil Law Amendment, digital innovation, etc…

Japan has entered a new era – Reiwa. Below are some of the major events that happened in the real estate industry.   Civil Law Amendment in Real Estate The civil law amendment in April this year is getting the spot light in the real estate industry. One of of the major changes that will take place is the regulation regarding lease guarantor.   ・An upper guarantee amount must be set for a personal lease guarantor ・In case the lessee or guarantor passed away during the lease period, the principal amount will stop during the time of death.   …the …

Convenience Store in Japan No Longer Open 24 Hours

2020/02/19   -Living in Japan
 

Japan is well known for its convenient lifestyle. You can find over 50,000 convenience stores across Japan that operate 24 hours a day and 365 days days a year. Since the first convenience store established in 1974, it has become an essential existence in everyday life. The distance to a convenience store is often used as an appealing point in rental apartment advertisement. While convenience stores are already concentrated in Tokyo, many people prefer to have one within a couple minutes by foot. More Than Just Groceries Besides groceries and basic medications, you can find ATM and printing service in Japan’s …

ServiceArea in Japan

2020/02/18   -Living in Japan
 

Servicearea in Japan are parking spots on expressways for travelers to take a break and fill up their tanks. Lake Suwa Service Area   The first service area was Otsu Service Area, built in 1963 in Shiga Prefecture. It is located on Meishin Expressway – the very first expressway in Japan connecting Osaka and Nagoya. Service area serves an important role in preventing traffic accidents caused by fatigue from long drives by providing drivers a place to rest. What can you find in Service Area? The development of service area have been advancing over years. They are well equipped and …

Hazard Map and Real Estate Investment

Japan is a hazard vulnerable zone. Every year, Japan gets hit by numerous natural disasters such as earthquakes, cyclones, typhoons, floods, and even volcanic eruptions. Depending on the area, the destruction of natural disasters can be more severe than that of other area. Hazard Map by Japan Government The Ministry of Land, Infrastructure and Transport has published a map showing area that are under the risk of floods, mudslides, and tsunami. This map also shows at what level the area is at risk of the above natural disasters. Below are maps showing areas near Tokyo that are under the risk …

Japanese Government Increasing Quota for International Labor Admission

2019/09/18   -Living in Japan
 

Government’s Scheme to Increase International Students With the steady decrease in population in Japan, Japanese government has increased the admission quota of students and labors from other countries. A few years ago, Japanese government established a scheme to accept 300,000 students from oversea by 2020. The scheme progresses faster than predicted with 337,000 international students by December 2018. Switching from Student Visa to Employment Visa However, only a small part of the population is able to stay for employment due to the strict requirements both government and enterprises set. Japanese government realized that it is necessary to create a more …

Japanese Food Culture – Izakaya

Japanese food culture is well known for the balance in the beauty of its appearance and nutrition value, and has been honored by UNESCO as Japan’s intangible culture heritage in 2013. The use of natural ingredients with cooking techniques that emphasize the inner flavor of each ingredients; and the overall expression of Japanese cuisine from garnish to the choice of tableware is a kind of art unique to Japanese culture. Izakaya in Japan Contrastingly, Japanese culinary tradition also has a casual side to it – izakaya. Izakaya are similar to tapas bars, a type of casual restaurants providing a variety of …