Our client list and partners speaks for itself. JPR services the biggest names in Japan and no job is too small or too huge in scope for us to accommodate. From the smallest fix to the largest development, we have a satisfaction guarantee and plenty of resources and long-standing happy customers to back it up!
….and many homes, residences, offices, shops, projects, and rooms and spaces like yours!
Japanoramic finds and offers the best homes, property, prices, and returns on investment in the country for you, period – at better rates than any other service or consultancy in the field. Starting at only around 2 million yen ($20,000 USD.) for actual purchase price of the house. We can provide property-hunting and real estate concierge services for every prefecture in Japan. We offer as guarantor mortgage and bank financing (for foreigners) at rates of 3 to 5%.
WE DO IT ALL FOR YOU, START TO FINISH
We arrange the entire process and procedure for property sale and title transfer, start to finish – With English, French, and Chinese-Speaking Dedicated Staff, and Client, Cost, and Quality Focused-Service. We are well used to every kind of client, target goal, prefecture and regional consideration, and sale – huge and small.
MOST EXPERIENCED AND RESOURCED
JPR’s expert team liaises & consults with all real estate owners, vendors, agents, lawyers and judicial scriveners, local government and town halls, and appoints English-speaking lawyers who handle alllegal title transfer, contract of sale, advertisement of your property, stamp duties, banking, and property tax registration.
PROPERTY & TENANT MANAGEMENT & CLEANING
Japanoramic can also extend to deliver absolutely excellent property and tenant management services, and routine cheap cleanings and maid service, as well as rental management, and home insurance. For Guesthouses and Airbnb legal green zones, Japanoramic can manage turnovers, key, and guest services for cheap.
HOTEL AND GUESTHOUSE (“MINPAKU”) LICENSING AND LEGAL SERVICES
Japan Repair uses 2 judicial scriveners in Kyoto who have the highest reputation and record for getting guesthouse licenses granted and to code. Japan Repair will walk you through to success the process of applying for hotel licenses for running your property. We know the guesthouse and hospitality laws inside out, and are proud of a perfect record for getting all clients guesthouse licenses
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Looking to compare the costs and benefits of renovating your current Japanese house versus building a new one in Japan? Below is some general information that might help guide your decision.
Renovation Costs Overview
First, let’s take a look at the average costs associated with renovating a house. Please note that these are just averages, and actual costs can vary significantly depending on the size of the house, the scope of the work, and the quality of materials used.
Full Renovation
The cost of a full renovation varies depending on the size and age of the house, but generally ranges from ¥5,000,000 to ¥20,000,000. If the house is in poor condition or does not meet current earthquake resistance standards, additional repairs will be necessary, which can further increase costs.
In cases where the house is in good condition, it may be possible to renovate for as little as ¥3,000,000.
Partial Renovation
Below are the average costs for renovating specific parts of a house:
Area
Cost Estimate (JPY)
Kitchen
¥500,000 – ¥1,500,000
Bathroom
¥500,000 – ¥1,500,000
Toilet
¥100,000 – ¥500,000
Washroom
¥100,000 – ¥800,000
Living Room
¥200,000 – ¥1,500,000
Bedroom
¥500,000 – ¥800,000
Entrance
¥300,000 – ¥500,000
Wallpaper Replacement
¥800 – ¥1,000 per sqm
Floor Replacement
¥150,000 – ¥500,000 (for flooring)
Tatami Replacement
¥50,000 (for 6 mats)
Exterior Walls
¥500,000 – ¥4,000,000
Roof
¥500,000 – ¥4,000,000
Garage
¥500,000 – ¥1,000,000
Balcony
¥200,000 – ¥500,000
Garden
¥1,000,000 – ¥1,500,000
Earthquake Resistance Reinforcement
¥500,000 – ¥3,000,000
Termite Treatment
¥300,000 – ¥3,000,000
I think you know about these costs, but let me share the info for general reference.
Additional Costs to Consider
Renovation costs are not limited to construction fees alone. From purchasing a house to renovating it and moving in, there are various other expenses to consider.
Loan-Related Fees
If you are financing the renovation through a loan, there will be additional fees such as guarantee fees, administrative fees, and stamp duty. The standard rate is around 2-3% of the loan amount.
Design Fees
In some cases, design fees are included in the construction costs, but sometimes they are separate. Be aware that some contractors may offer lower construction costs but charge higher design fees. Be sure to thoroughly review the estimate to check how much the design fees are and whether they need to be paid separately.
Building Permit Application Fees
If you are conducting major repairs or extensions, you will need to submit a “building permit application” to ensure the property complies with the Building Standards Act and Urban Planning Act. While the contractor will usually handle the actual procedures, the associated fees will vary depending on the size and structure of the building, as well as the inspection agency. As a general guide, expect to pay between ¥150,000 and ¥500,000.
Compliance with Earthquake Resistance Standards
When dealing with older properties, one of the most important factors to consider is whether the building meets earthquake resistance standards. Properties built before May 31, 1981, may not comply with the current earthquake resistance standards (the new standards).
Properties that do not meet these standards face several disadvantages, such as difficulties in securing financing and the need for costly seismic retrofitting, which can significantly increase renovation costs. To verify whether a property meets these standards, it is crucial to check the “Building Confirmation Date.” If the date is on or after June 1, 1981, the property is likely to meet the new earthquake resistance standards.
Tax Considerations
Real Estate Acquisition Tax: This is a one-time tax incurred when acquiring a property, calculated based on the property’s assessed value. Some municipalities offer tax reductions, so it’s important to verify this.
Fixed Asset Tax: This is an annual tax based on the property’s assessed value. Be aware that renovations may increase the property’s value, leading to a potential increase in this tax.
Registration and License Tax: This tax is incurred when transferring ownership or setting up a mortgage.
Renovation Loan Deductions: If you take out a loan specifically for renovation purposes, you may be eligible for a mortgage loan tax deduction. It’s crucial to confirm whether you meet the eligibility criteria with a tax accountant or financial institution.
*Japanoramic acts as a service, brokerage, and/or consultancy, and operates strictly as this role and within Japanese law and guidelines, to safely obtain your goals and find you the best properties, living spaces or vacation homes, prices, projects, buyers, tenants, and investment opportunities in Japan.