Free Tool

Real Estate Cost Estimator

Estimate the taxes and fees involved in buying property in Japan.

This is a rough estimate tool. All figures shown are approximations and may differ from actual amounts. For accurate figures, please consult a qualified professional.

Property Type Select type

Sale Price and Land Info Sale price (JPY) Land assessed value for property tax (JPY)Value derived from roadside land price, etc. Land area (m2)Used for acquisition tax reduction calculation Residential land special exemption (e.g. own home)

For condominium units, enter the assessed value and area of the land ownership share.

Building Info How to specify the building value

Structure Total floor area (m2)Exclusive area for a condo unit Date of constructionYear alone is acceptable if the exact date is unknown If entering the year of construction only

About the building value estimate: This tool uses a simplified national-average formula with fixed reconstruction unit prices (wood 160k / light steel 170k / steel 180k / RC 200k yen per m2). The estimated building value may differ from the actual assessed value by approximately 20 to 30 percent, and this margin also applies to all tax calculations that depend on the building value (registration tax, acquisition tax, property tax, city planning tax). Results for these items are therefore shown as a range.

Reduction Measures Apply the building residential deduction for acquisition tax Also show the estimate with the land acquisition tax reduction applied

The land acquisition tax reduction deducts the larger of 45,000 yen or a floor-area-based amount. Eligibility requires a floor area of 50 to 240 m2, plus residency and timing requirements.

Other Costs Not Included in This Estimate

The following may apply depending on your situation.

At the time of purchase

Consumption tax on the building (10%) - applies only if the seller is a business; land is non-taxable.
Mortgage-related costs - loan stamp duty, mortgage registration tax, bank fees, guarantee fees.
Fire and earthquake insurance - typically required when using a mortgage.
Pro-rated property tax settlement - reimbursement to the seller for the remainder of the tax year.
Management and repair-reserve settlement - for condominium units, settled as of handover date.

While owning the property

Insurance renewal premiums - recurring at each contract renewal.
Management and repair-reserve fees - the main monthly cost for condominium owners.
Repair and maintenance costs - periodic costs for detached houses.

At a future sale, inheritance, or gift

Capital gains tax - 20.315% if held over 5 years, or 39.63% if 5 years or less.
Inheritance tax - may apply on inherited property.
Gift tax - applies on lifetime gifts.
Inheritance registration tax - 0.4% of assessed value; mandatory since April 2024.

Consult About Sale, Inheritance, or Gift Tax

En Beau lo Co., Ltd. - Osaka, Japan