For Sale

Your Hokkaido Real Estate Partner

For those who are looking to stay put for a few years, want space to raise a family, value the freedom of ownership, or a combination of all those reasons: buying may be the best option for you. You are in control of your own property and can make changes to suit you and your family’s lifestyle.

On the other hand, purchasing property is one of the most substantial and consequential decisions of your life. It is a daunting, intimidating and often stressful task. Which is why it is so important to have someone who can guide you through it.

If you are interested in buying property in Hokkaido, RE/MAX Kyouei is ready to consult, advise and help you through the process.

RE/MAX KYOUEI in Hokkaido

Process

Process for buyers

In general, real estate transactions follow the same steps, but the order and progression will ultimately depend on you - the client, and your wishes.

  • Consultlet’s talk about your ideas
    We can meet in person or online to discuss your needs, wants, preferences and timeline. It doesn’t matter if it’s your first time in the market, if you have specific requests or general ideas, if you know a little or a lot; we can meet for a consultation on your schedule.
  • Budgetfind out your price range
    Based on your consultation and your requests, we can get a rough idea of how much money you will need. A loan may be needed, but few local banks are willing to offer mortgages to non-permanent residents. If that is the case, it is much easier to seek a loan in your home country.
  • Searchlook for properties that meet your needs
    By the time they have contacted a real estate agent, most people have already begun searching online for properties. We can take a look together at what you’ve found already and discuss whether it seems like a good fit.
  • Viewlook at the best candidates
    We can look at properties in person, online, or using a virtual tour. Check, try out, inspect, evaluate and take notes. During this step, you may notice things that are different from the listing, or problems that will need to be considered.
  • Offerinform the seller of your intent to purchase
    The purpose of the application is to declare your intent to buy and to specify the general terms of the purchase (price, conditional offers, purchase date, move-in date, etc.). Once the seller accepts the application, we can proceed to the next step.
  • Explaincondition of the property and terms of the contract
    This step must be performed by a licensed real estate broker, it is your right as a client to have everything explained to your satisfaction, before you sign. This explanation includes multiple subjects, such as utilities, natural hazard info, zoning restrictions and terms and conditions relating to the contract itself.
  • Signagree and enter into a contract
    The contract lists all of the details of the transaction. The two parties agree to the terms and sign, which usually includes a contract deposit (~10% price). This is also the time to submit the documents and fees required for title registry.
  • Move insettle remaining costs and take ownership
    If you want to take a closer look at the costs, check out the simulation.
    There may still be further paperwork and procedures to go through, but from now on you can use the property as your own.

Simulation

New Build vs. Existing House

For our purchase simulation, let’s consider two houses.
The first, a new house with a floor area of 130 sqm at a price of 35,000,000 yen.
The second, an existing house with a floor area of 100sqm at a price of 5,000,000 yen.
These values will be different for each property.

Unit: Yen

  • Item
    Description
    New Build
    Existing House
  • List price
    This is the amount that you will see listed in ads.
    35,000,000
    5,000,000
  • Property tax

    ... more

  • Commission

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  • Title Registry

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  • Stamp Duty (contract)

    ... more

  • Real Estate Acquisition Tax

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  • Loan Costs

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  • Total Cost

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