Osaka Real Estate ... 
  Should I rent or buy a property in Osaka?
japan Travel and Hotel Guide

Osaka Real Estate Calculator

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Osaka 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 Osaka.

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 Osaka

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


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

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


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


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

Tokyo Real Estate - Narita Real Estate - Kyoto Real Estate - Shizuoka-ken Real Estate - Fujisawa Real Estate - Toyama Real Estate - Ebina Real Estate - Fukuoka Real Estate - Okayama Real Estate - Itami Real Estate - Kitakyushu Real Estate - Matsuyama Real Estate - Nagoya Real Estate - Osaka Real Estate - Saipan Real Estate - Sendai Real Estate - Shimonoseki Real Estate - Chiba Real Estate - Uozu Real Estate - Ikebukuro Real Estate - Guam Real Estate - Otaru Real Estate - Mito Real Estate - Kobe Real Estate - Yokohama Real Estate - Nagasaki Real Estate - Hokkaido Real Estate - Aichi-ken Real Estate - Kochi Real Estate - Yamanashi Real Estate - Tochigi-Ken Real Estate - Takamatsu Real Estate

(C)opyright 2005 ~ 2006 - www.japan-travel-guide.de, All Rights reserved. Please email me your feedback to webmaster@japan-travel-guide.de