Buying Property in Japan

Most of the fees will be based upon the "Kotei-Shisan-Hyoka-shomeisho" (Appraised Value of Property). Which can be acquired from the tax office. The "Kotei-Shisan-Hyoka-shomeisho" changes every year and is published every April.

Buying Property Tax Rates

Annual Fixed Property Tax (Kotei-shisan-zei)

Land

Land Standard taxable value (fixed property tax) x 0.014 (1.4/100)

Building

Building Standard taxable value (fixed property tax) x 0.014 (1.4/100)

Annual City Tax (Tochi-Keikaku-zei)

Land

Land Standard taxable value (city planning tax) x 0.003 (0.3/100) x 0.5 (1/2)

Building

Building Standard taxable value (city planning tax) x 0.003 (0.3/100) x 0.5 (1/2)

Acquisition Tax (Syutoku-zei)

Land (Tochi Fudosan-Shutokuzei)

Land Estimated value x 0.5 (1/2) x 0.03 (3%)

Building (Tatemono Fudosan-Shutokuzei)

Building Estimated value x 0.03 (3%)

Registration Licence Tax (Toroku menkyo zei)

Registration licence tax, (Toroku menkyo zei) About 1% of the Standard taxable value

Buying Property Fees

Judicial Scrivener Fees (Shihou-shoshi-Tesuryo)

For a property of ¥100,000,000 the fee will be about ¥100,000

Agents Fee (Chukai-tesuryou)

3.15% of the seling price + ¥63,000

Stamp Tax

Property Purchase Price

¥10,000,000 – ¥50,000,000

Stamp Fees

¥15,000 (Property Contract)
¥20,000 (Morgage Contract)

Property Purchase Price

¥50,000,000 – ¥100,000,000

Stamp Fees

¥45,000 (Property Contract)
¥60,000 (Mortgage Contract)

Property Purchase Price

¥100,000,000 – ¥500,000,000

Stamp Fees

¥80,000 (Property Contract)
¥100,000 (Mortgage Contract)

Property Purchase Price

¥500,000,000 – ¥1,000,000,000

Stamp Fees

¥180,000 (Property Contract)
¥200,000 (Mortgage Contract)