Kobe Real Estate ... 
  Should I rent or buy a property in Kobe?
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Kobe Real Estate Calculator

Finding a Home In Kobe
If you plan to rent or buy a property in Kobe, finding your property will be a major step in your relocation to Kobe. If you have not lived in Kobe, you should rent rather than buy your property in Kobe, at least for six months. If you would like to rent or buy a real-estate property in Kobe you may email us at webmaster@japan-travel-guide.de with your real-estate questions.


It is the best way to know not only if Kobe is the place you want to live or retire for the next few years, but also if Kobe is suited for you.

Apartments & Houses in Kobe
If you are planning on living in Kobe, it is likely that you will be living in an apartment/condo versus a house.

Please make sure that modern equipments, such as electricity and water should function to the maximum. Please double-check and make sure electrical outlets are located in every room and functioning.

Make sure you turn on the water and make sure that hot and cold water is functioning and flush the toilet, turn on the shower. Don’t count on real-estate agents in Kobe to point out the negatives of a place they’re trying to rent or sell you.

Kobe Agencies
Real-estate agencies in Kobe advertise in local Kobe newspapers and as well on their office windows.

You should be able to notice a real estate agency in Kobe by the window full of ads for the different apartments or houses they have available for rent or sell in Kobe.

Before you begin working with an agency in Kobe, check that their fees are acceptable and that they are a member of the Kobe Real-estate Assocation. In most rental agreements in Kobe most agencies charge a month’s rent for a twelve-month rental agreement.

When selling a property in Kobe, real-estate agents in Kobe usually charge between 2.5% and 3% of the final sales price.
Monthly rent Kobe:€
Monthly Kobe rental insurance:€
Expected annual inflation rate in Kobe:  %
Purchase price of property in Kobe:€
Down payment amount:€
Length of Kobe mortgage term (years):#
Kobe Mortgage's annual interest rate:  %
Discount points on purchase of home in Kobe:  %
Origination fees:  %
Other loan costs in Kobe:€
Mortgage Insurance (PMI):  %
Kobe Homeowner's insurance rate:  %
Monthly association dues in Kobe:€
Average monthly maintenance of Kobe property:€
Kobe Annual property tax:€
Kobe plus government income tax rate:  %
Interest rate you expect to earn on savings in Kobe:  %
Expected percentage your Kobe home will appreciate by each year:  %
Number of years you will stay in Kobe:#
Kobe Realtor commission rate:  %
Total estimated cost of renting a property in Kobe:€
Total estimated cost of buying a property in Kobe:€
After coming to an agreement on a rental or purchase, both parties in Kobe sign the contract. However, it is not a legal agreement until the appropriate seals of the city of Kobe with a tax stamp has been purchased and affixed to ther agreement. You have to make sure before finalising the lease or purchase that the official seal of Kobe will be affixed to the agreement.

Renting
Real estate agencies in Kobe are the safest way if you want to rent or buy a property in Kobe. Please make sure they are a licensed agent in Kobe and very familiar with the Kobe property market.

Local newspapers in Kobe also advertise apartments and houses for rent, but word of mouth is the best way in Kobe. If you are currently an academic in Kobe, you could check local at local universities in Kobe, where apartments or rooms for rent are commonly posted.

In general rental rates in Kobe, increase by a small percentage each year in accordance with the government’s annual cost of living reports in Kobe. You can find yearly leases in Kobe, and more short-term housing is available near academic institutes or around tourism areas within Kobe.

Short-term tourist housing in Kobe is fully furnished and most of the time fully equipped. If you have the budget, you could rent a serviced apartment in Kobe.

If you want to buy a property in Kobe, I would highly suggest you to have the property checked out by yourself and hire a lawyer in Kobe to check how much debts the property has currently registered and if those numbers matched with the seller of the property in Kobe.

If you are buying a brand new property, you’ll need to pay property tax in Kobe. If your purchase is a luxury property, you may have to pay local taxes in Kobe and possible stamp duty.

Even as a non-resident homeowner in Kobe, you may become liable for all kind of taxes in Kobe, including income tax.

Kobe Mortgages
If you plan to take a mortgage in Kobe you need at least a 20% downpayment of the purchase price of the property in Kobe. Even if you generate rental-income from renting your Kobe property out, it is not considered by most lenders as you may decide to move in, at a later time.

The Kobe Real Estate calculator will help you to compare the costs of renting a house or condo in Kobe to the costs of buying a house or condo in Kobe. Since there are all kinds of forces at work behind the scenes such as the current interest in Kobe, Kobe property taxes, tax savings, appreciation in general to investments in Kobe, comparing the cost of renting to the cost of buying in Kobe is a lot more complicated than just comparing the monthly mortgage payment to the monthly rent payment.

The Kobe Calculator attempts to forecast the net effects of all the hidden forces so you can make an informed decision before buying or renting a property in Kobe.

Help Buttons: For pop-up explanations of any of the entry fields, click the radio button next to the description.

NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be sure that only numbers and decimal points are entered into the fields.

Property Types in Kobe

  • Kobe Multi-Family
    Traditional, multi-family residential complexes located in Kobe and suburban markets of Kobe.


  • Kobe Mixed-Use
    Properties in Kobe that integrate and combine residential with different uses, including retail and office spaces.

  • Kobe Office
    Traditional office or office type properties in Kobe.


  • Kobe Retail
    Properties in Kobe with a mix of tenants that meet the convenience needs of neighborhood residents, including video stores, grocery, and financial services companies within Kobe.


  • Kobe Light Industrial
    Single- or multi-tenanted spaces in Kobe used for warehouse, manufacturing, distribution, or research and development in Kobe.

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