Required Expenses

Required expenses at the time of purchase

Revenue stamp fee

  • The fee is between 10,000¥ to 320,000¥.
  • The revenue stamp fee depends on the price of the property.
  • The revenue stamp fee is needed when signing the contract.

Registration license tax

  • 2% of the appraisal value.
  • The appraisal value is decided by the government.
  • This is not 2% of the property price.

Brokerage fee charge

  • 3% of the price + tax.

Fire insurance

Real estate acquisition tax

  • To be pain between 3 months to 6 months after the purchase.
  • 3% of the appraisal value.
  • 3%-4% of the build price.
  • This is not 2% of the property price.

To sum up

 The required expenses at the time of purchase are around 8%. (rough estimate).

In order to buy a property in Japan, you will need the following documents. 

The required documents for foreigners residing in Japan and residing abroad differ. 

Please check the explanation below for both cases.