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

Finding a Home In Kyoto
If you plan to rent or buy a property in Kyoto, finding your property will be a major step in your relocation to Kyoto. If you have not lived in Kyoto, you should rent rather than buy your property in Kyoto, at least for six months. If you would like to rent or buy a real-estate property in Kyoto 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 Kyoto is the place you want to live or retire for the next few years, but also if Kyoto is suited for you.

Apartments & Houses in Kyoto
If you are planning on living in Kyoto, 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 Kyoto to point out the negatives of a place they’re trying to rent or sell you.

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

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

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

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

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

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

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

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

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

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

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

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

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

The Kyoto 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 Kyoto.

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 Kyoto

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


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

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


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


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

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