Buying a cheap property in Japan

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Bargain sale investment property

Hi everyone.

Today’s listing is just 2M yen and located in Mito city of Ibaraki!

What is Mito city?

https://en.wikipedia.org/wiki/Mito,_Ibaraki

Please check the details below.

Name: Romane Mito Dai 3 (ロマーヌ水戸第3)

Price: 2,000,000 Yen 

Address: 茨城県水戸市城南3-9-32

Google map: https://goo.gl/maps/zU1LZ5zWBUpkAA3U6

Access: 10 mins walk to Mito station (水戸駅)

Structure: Reinforced Concrete

Land Rights: Freehold

Number of total units: 58

No.of Floor: 10F

Unit Floor: 1F  

 Unit Number: #1xx

Built Year: Dec 1991

Building Management/Maintenance Fee: 7000 yen/month

Type of unit: 1R

Size:  14.28 sqm 

Balcony: Need to confirm

Facing: Southwest

Occupancy: Tenanted 

Rent: 25,000 yen/month 

Other: Elevator, 

(Detail of Lease contract)

Need to confirm 

(Photo)

Please click the link below to see some photos of other rooms in the same apartment for your reference

https://chintai-ex.jp/dwelling/show/z_2_fb2c0e877a1182a0a9525662f6a9cfad

(Room Layout)

(Map)

(Calculation table)

In the calculation table, you can see the rough total cost of purchasing a property and what kind of expense you need to pay for every month.

I mentioned about our property management in the calculation table. It is 5% of rent and included rent collection, basic tax handling, complaints handling.

If you are interested in this property, please inquire me as soon as you can!!

(My Youtube videos)

https://www.youtube.com/channel/UC8_ThMbtS3CswreSMKl_PRQ/about

Please click the link below to see our other listings.

I upload around 40 new listings a week so please check it!!

https://realestate.co.jp/en/real-estate-agent/details/2644

Thank you.

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