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Nippon TradingsInternational

Nippon Tradings International

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Luxury Residential Project in Central Tokyo at 30% Discount

Avatar Capital Partners, a new Asia-based real estate fund manager, has acquired a 70-unit luxury residential development in central Tokyo at a 30% discount. Founded just three months earlier, the firm aims for substantial returns amidst rising inflation and tightening cap rates in Japan’s recovering market. They focus heavily on multi-family investments and strategic collaborations with local developers for growth opportunities.

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Things to Consider Before Buying a Property in Japan

Foreigners are increasingly buying property in Japan, but it involves complexities. Key points include choosing buildings constructed post-1981, low property taxes, and favorable mortgage rates. However, obtaining mortgages without permanent residency is tough. Condos might have hidden high maintenance costs, and older homes often require significant repairs. Buyers should be well-informed to navigate Japan’s buyer-friendly yet nuanced market.

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