Calculate your total costs for buying residential, commercial, apartment, or Airbnb property in Japan — including Transfer Taxes, closing costs, and mortgage expenses. See gross yield, net yield, cash-on-cash return, and a 10-year investment projection. Read the Japan buying guide
Frequently asked questions
How is Transfer Taxes calculated in Japan?
Transfer Taxes in Japan is a flat rate of 0.0% of the purchase price. Japan has no single transfer tax. Instead, Registration Tax (~1.2% effective), Real Estate Acquisition Tax (~1.8% effective), and Stamp Duty are separate charges shown in the closing costs breakdown.
What are the closing costs when buying property in Japan?
When purchasing property in Japan, typical closing costs include: Registration & License Tax (登録免許税), Real Estate Acquisition Tax (不動産取得税), Stamp Duty (印紙税), Judicial Scrivener Fee (司法書士), Mortgage Registration Tax (抵当権設定登録免許税), Loan Guarantee Fee (保証料), Bank Administrative Fee (事務手数料). These are paid by the buyer at or before completion, in addition to the purchase price and Transfer Taxes.
What ongoing costs should I budget for as a property owner in Japan?
Ongoing costs for property owners in Japan typically include: Fixed Asset Tax + City Planning Tax (固定資産税・都市計画税), Fire Insurance (火災保険), Earthquake Insurance (地震保険), Maintenance & Repairs. These are annual costs that should be factored into your rental yield and cash flow calculations.
How does capital gains tax work on property in Japan?
Capital Gains Tax (譲渡所得税) applies when you sell a property for more than you paid. Capital gains from property sales are taxed at flat rates based on holding period. Short-term (5 years or less): 39.63%. Long-term (over 5 years): 20.315%. Primary residence qualifies for a 30 million yen deduction. Non-residents pay reduced rates (no residential tax portion). Your primary residence is exempt from capital gains tax.
For a detailed breakdown, read the Japan property buying guide.