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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Yokohama 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 Yokohama.

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 Yokohama

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


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

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


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


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

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