Begin your property search in Kyoto, Japan, by submitting an inquiry via our contact form. After initial discussions, we will send you a shortlist for your consideration with general facts about the properties, price and estimated renovation costs.

Please be aware that, during the buying process, including property viewing trips, we do not offer compensation for any costs, such as airfare. This policy remains in effect, even if an offer is made on the property you are interested in while en route to Kyoto for the viewing.

We aim to provide you with all pertinent information and initiate the initial discussions concerning the necessary renovations for the properties in question. It is crucial to understand that Kyo-machiya townhouses exhibit varying conditions and situations, with some being antique houses over 80 years old. As such, buyers are requested to accept the properties in their current conditions without any alterations.

• Preliminary Agreement: This document serves as a non-binding Letter of Intent, laying the groundwork for the subsequent contract.
• Letter of Intent (LOI): This non-binding letter expresses your intention to purchase the property and outlines the proposed terms and conditions, including the anticipated price and payment procedure. You may submit the LOI to us via hand delivery, airmail, E-mail, or FAX.

It is essential to be mindful that the seller reserves the right to decline the LOI or discontinue negotiations if mutually acceptable terms cannot be reached. However, in the event that both parties reach an agreement, preparations for the formal contract will promptly commence.

To complete the contract signing, we kindly request your presence at our office in Kyoto. Before signing, we will explain all the terms and conditions in Japanese, adhering to the requirements of the Building Lots and Buildings Transaction Business Act. Please ensure you have the earnest money ready, as during the meeting, we will also collect payment for stamp duty and the first half of the agent commission. It is important to familiarise yourself with all associated costs and taxes in advance.

Necessary Items: Passport (for identification purposes), Utility Bill (for Address verification)

• Governing Language:
  Please be informed that all contract-related documents will be presented in Japanese. However, our English-speaking staff will be available to offer verbal translations if required. If you prefer explanations in your native language, we strongly advise you to hire a translator proficient in real estate transaction laws, such as a solicitor or attorney, to ensure a comprehensive understanding of the contractual terms and obligations.
• Earnest Money Deposit:
  To proceed with the sale and purchase contract, we kindly request all clients to provide an earnest money deposit equivalent to 10% of the purchase price. This deposit serves as a guaranteed commitment towards the property acquisition and acts as security against any potential penalties.

For your convenience, you can make the payment in Japanese YEN either in cash at the time of contract signing or through a bank transfer. If opting for a bank transfer, please ensure the payment is completed by the morning of the contract-signing date.
Considering the potential processing time for overseas transactions, we advise making the payment well in advance to avoid any last-minute complications. It is important to note that any applicable bank transfer fees will be the sole responsibility of the buyer.

During the closing process, the remaining purchase balance, state taxes, and stamp duty must be paid. To facilitate a smooth transaction, your real estate attorney should be present at the closing meeting and promptly register the title transfer at the Legal Affairs Bureau afterwards. We collaborate with two proficient English-speaking property attorneys to handle our client’s acquisitions, but you may also opt for your preferred attorney.

Necessary Items: Passport, Affidavit for Proof of Residence (or equivalent certificate), Certified copy of corporate registration (or equivalent certificate).

For the closing payment, you can settle the remaining balance in Japanese YEN either in cash at our office or through a bank transfer, ensuring it is completed by the morning of the closing date. Additionally, we kindly request payment for the second half of the agent commission and the settlement amount for Fixed Asset Tax at this time. It is crucial to be well-informed about all applicable costs and taxes.

In Japan, solicitors/attorneys play a crucial role in real estate transactions, handling tasks such as certificate preparation and title transfer. We can introduce solicitors/attorneys proficient in English. However, if you prefer other solicitors or attorneys, please note that they must be native Japanese speakers and possess the necessary expertise in real estate transactions involving foreign clients.

These experts provide support for three essential procedures and two additional options:

• Aiding in the preparation of certificates.
• Witnessing the closing meeting (not mandatory for the contract meeting).
• Registering the title transfer at the Legal Affairs Bureau.

Optional:

• Offering translation and/or reviewing of contract documents.
• Assisting with tax administration.

In Kyoto, all utility bills can be conveniently paid via credit card (VISA, Master, JCB, or Diners Club). Alternatively, if you possess a Japanese bank account, electronic withdrawal is also available. To ensure a seamless transition into your new home, we recommend familiarising yourself with the local customs and practices of living in Kyoto. Additionally, we strongly advise considering the purchase of Home Insurance promptly to secure your investment.

Home Insurance: This insurance coverage will safeguard you against potential losses or damages, including fire and earthquake incidents. Should you desire a preliminary quote, we will address your inquiries and provide further details.