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Nippon Tradings International

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Japan Properties
Generalreview

A Realistic Approach to Purchasing a Japanese Countryside Property

Abandoned properties have taken the limelight recently for their affordability and countryside location. One couple from Alaska, fascinated by the beauty of traditional Japanese timber work and craftsmanship, had dreamt of using their home-building skills to restore an old, traditional kominka style (large stand-alone) home for a place to settle in for retirement. Ideally, they wanted to find an akiya or abandoned property for no more than about USD$20K, but weren’t sure if their plan was realistic. Given their background, their retirement dream is very much achievable.

General
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Japan Properties
Generalreview

Increasing Number of Tokyo Residents Moving to Rural Areas

For years, Japan has tried - without success - to prevent politics, business and its population from being overly concentrated in Tokyo. But it appears the coronavirus pandemic could be a game changer, with many seeing it as an opportunity to rethink their approaches to work and life and move out of the capital to rural areas. Among them is Kazuki Hanado, 27, who moved to the city of Kamaishi in Iwate Prefecture in October 2020. Before the pandemic, Hanado, who was born in Tokyo’s Setagaya Ward, worked at a luxury inn near the Imperial Palace. But in May 2020, a few months after Japan decided to postpone the Tokyo Olympics and Paralympics, the inn closed down. The hiatus made her re-evaluate her life.

General
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Japan Properties
Holiday/Home Makersreview

Moving to Japan’s Countryside

We have been shifting and twisting and trying to adjust to a comfortable lifestyle under COVID-19. Part of that has meant getting away, even moving from crowded cities into more spacious areas. And for quite a few, Japan’s countryside has become more and more appealing. Imagine for a moment, retiring with Japan’s fresh air, greenery, rivers. Or that ideal environment to raise a family. Or imagine for a moment to generate an income on short-term rentals taking advantage of the country’s back on track campaign to boost tourism. Let’s look at how to make this dream more realistic.

Holiday/Home MakersGeneral
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Generalreview

Japanese ‘Doma’ becoming an Increasingly Popular Residential Feature

Many Japanese abodes in 2021 are returning to the roots of traditional residences and adding an earthen floor entryway or incorporating modern variants of the space. Japanese homes already have a small “genkan” entrance area for people to store their shoes before going inside. Now, more apartment buyers are asking for a larger “doma” traditional earthen-floored space, in which they can walk around while wearing footwear and store items for outdoor use. The demand for doma appears to be related to the boom in people engaging in more outdoor leisure activities amid the COVID-19 pandemic and increased consumer desire to maintain cleanliness in the home by separating spaces.

General
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Investors/Businessreview

Investors Watch Japan’s Property Market as Office Vacancy Rates Drop in Tokyo

The rate of offices standing empty in central Tokyo in November dropped for the first time since the pandemic began, an early signal that the worst could be over for the capital’s property market. Vacancies fell by 0.12 percentage points to 6.35% in Tokyo’s five main business districts, real estate brokerage Miki Shoji Co. said on Thursday. Since hitting 1.49% in February 2020, the lowest since the country’s economic bubble burst in the early 1990s, vacancies have surged.

Investors/BusinessGeneral
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Generalreview

Japan to Extend Tax Relief on Energy Efficient Home Renovations

The government and the ruling coalition are planning to extend a tax break system for people who renovate their homes, sources familiar with the matter said. The home renovation tax relief is set to expire at the end of this year but government and ruling coalition officials are considering keeping it in place until the end of 2023, the sources said. The decision to extend the program is aimed at promoting sales of used homes amid a spike in vacant homes across the country.

GeneralInvestors/Business
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Japan Properties
Generalreview

Japan Gearing Up to Boost Tourism

While Japan has not yet re-opened its borders to overseas visitors, the Japan National Tourism Organization (JNTO) and the country’s many local attractions are gearing up for the resumption of international travel. JNTO re-invigorated its global “Enjoy my Japan” campaign, originally launched in 2018, signaling Japan’s readiness to meet its ambitious goal of welcoming 60 million overseas visitors by 2030.

General
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Japan Real Estate
Generalreview

Japan to Expedite Restarts of Nuclear Plants to Meet Ambitious Carbon Neutrality Target

Japan adopted a new energy policy on Friday that promotes nuclear and renewables as sources of clean energy to achieve the country’s pledge of reaching carbon neutrality in 2050. The new basic energy plan, adopted by the Cabinet just in time for the climate summit in early November, calls for drastically increasing use of renewable energy to cut fossil fuel consumption over the next decade as Japan pushes to meet its ambitious emissions reduction target.

General
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Japan Real Estate
Generalreview

Japanese Vacant Homes become Popular Secluded Vacation Spots

Many properties are remodeled homes or company dormitories that had been left vacant or become dilapidated, and with bookings accepted from only one party for the entire facility per day, they make unique retreats for people seeking seclusion.The facilities are quietly gaining popularity, mainly among families making steady requests for reservations, with users able to enjoy their privacy and avoid physical contact with strangers in these pandemic-hit times.

General
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