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What is 1R, 1K, 1DK and 1LDK
Property Knowledge
Exploring Koenji: A Harmonious Blend of City Convenience and Creative Culture
Exploring Tokyo
What are the costs incurred when buying a property in Japan?
Property Knowledge
Essential Knowledge for Property Investment in Japan (Part 2): Understanding Japan’s Earthquake Resistance Structures and Technology
Property Knowledge
Essential Knowledge for Property Investment in Japan (Part 1): Understanding Japan’s Earthquake Resistance Standards
Property Knowledge
A guide for foreigners buying real estate in Japan.
Property Knowledge
City Planning Tax
In areas designated for urban development, people who own land or buildings are required to pay City Planning Tax(都市計画税). This tax is used to fund public infrastructure like roads and parks and support the organized growth of cities. It applies to land and buildings that are subject to property tax, and the amount is determined based on their assessed value. The tax rate varies by municipality, but it is generally set at 0.3% or lower of the assessed value. It plays an important role in funding local infrastructure improvements.
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