Other Purchasing Costs
In addition to the price of the property, there are other costs involved when buying. Whether you are building, selling, or getting a property loan, you’ll have to pay stamp duty. Depending on the value of the property it can be anything from ¥400 to ¥200,000. Shihoshoshi legal fees for preparing the registration and deed can easily run into a few hundred thousand yen, depending on the complexity of the transaction. Insurance fees will cost up to a few hundred thousand yen as well. The agent fee is 3.15%, plus ¥63,000 for both the seller and the purchaser. Finally maintenance fees for the property can range from ¥1,000 up to ¥10,000 per month for high-end properties.