Condominium in Setagaya, Tokyo

¥40M

≈ US$253,000

Information updated 12 Oct 2026Next update by 19 Oct 2026

1-57-10 Matsubara, Setagaya, Tokyo

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Keio Inokashira Line / Meidaimae10 min walk
Keio Line / Daitabashi4 min walk

Chat with management

Good pointsFreehold (land included)4 min to stationCorner unitRenovatedSouth-facing

Points to checkLikely pre-1981 earthquake standard

Property Overview

Terms explained

Property Type: Condominium
Year Built: Aug 1975 (51 yrs old)
Earthquake standard (from built year): Likely pre-1981 standard: ask about seismic checksGuide
Structure: Reinforced Concrete (RC)
Floors: 7 floors
Building Area: 43.87㎡ (472 sq ft)
Zoning: Commercial
Land rights: Freehold (land included)
Current Status: Owner Occupied
Price per m²: ¥911,785/m²
Management fee (monthly): ¥12,500Guide
Repair reserve (monthly): ¥15,000

Price per m² compared

This property¥911,785/m²
Average of 8 listings in Setagaya¥1,534,578/m²

Reference figure from the asking prices of 8 other listings in this ward on this portal; not transaction prices or a market valuation.

Monthly payment estimate (with a mortgage)

Down payment20% (JPY 8,000,000)

Interest rate (annual)1.00%

Loan term35 years

Monthly payment

¥90,331

Management and repair fees: ¥27,500
Total monthly outgoings: ¥117,831

Down payment: JPY 8,000,000
Loan amount: JPY 32,000,000
Total interest: JPY 5,940,000

Level-payment estimate; the repayment excludes fees, taxes and management costs (management fees and rent from the listing are shown separately). Cash flow ignores property tax, letting fees and vacancies. Lenders decide eligibility and rates. Foreign nationals can often borrow if they hold Japanese residence status or buy through a Japanese company.

Initial cost simulator

Payment

Down payment20% (JPY 8,000,000)

Loan amount (paid by the lender)JPY 32,000,000

Cash you need (estimate)

JPY 10,790,000 – JPY 11,410,000

about US$68k–72k

Down payment: JPY 8,000,000
Brokerage fee (maximum, incl. tax): JPY 1,390,000
Stamp duty on the contract: JPY 10,000
Loan administration fee (2.2% of the loan): JPY 700,000
Registration tax (ownership): JPY 200,000 – JPY 320,000
Registration tax (mortgage): JPY 30,000 – JPY 130,000
Judicial scrivener fee: JPY 100,000 – JPY 200,000
Acquisition tax (paid after handover): JPY 200,000 – JPY 400,000
Pro-rata property tax and fees: JPY 80,000 – JPY 120,000
Fire and earthquake insurance: JPY 60,000 – JPY 120,000
Stamp duty on the loan contract: JPY 20,000

When you pay

At the contract (deposit 5%, stamp duty, half the brokerage, etc.): JPY 2,700,000≈ US$17,100
At settlement (the rest of your cash): JPY 8,090,000 – JPY 8,710,000

Brokerage is the legal maximum; stamp duty on the sale and loan contracts follows the National Tax Agency tables (reduced sale-contract rates until 31 March 2027). Registration and acquisition taxes, settlements and insurance depend on assessed values and the property, so they are ranges based on typical shares of the price (the loan for the mortgage registration), about 2–3% of the price in total. Lenders charge loan costs in different ways, such as a guarantee fee. See the buying guide for mortgages for foreign nationals.

Costs and mortgages explained →

Buying from overseas?How the money moves (transfer, settlement, registration), with a checklist from contract to handover.

Location map

Open in Google Maps

The map shows the published address. Confirm the exact building position on site or in the documents.

Check natural hazard risk

Before buying, check flood, landslide, storm-surge and tsunami risk at the property, and the area's earthquake risk rank, on official maps.

Hazard Map Portal (GSI, Japanese government)Opens centred on this property Earthquake risk by area (Tokyo Metropolitan Government)Building-collapse and fire risk ranks by district

Official sites open in a new tab (Japanese). The formal disclosure before the contract also shows the property on the flood hazard map.

How to read these maps (guide)

Property Overview

Parast Matsubara: 43.87 m² measured to the wall centre, a southwest-facing third-floor corner 1LDK with a 6.00 m² balcony. A 4-minute walk to Daitabashi on the Keio Line and 10 minutes to Meidaimae on the Keio Inokashira Line. Price JPY 40,000,000. Built August 1975; RC, seven floors, 26 units, freehold. Occupied; handover by agreement. Monthly management JPY 12,500, repair reserve JPY 15,000 and other charges JPY 500, totaling JPY 28,000. Renovation history in December 2023. System/island kitchen, separate bath and toilet, washlet, separate washbasin, indoor washing-machine space, air conditioning, CATV, lift, bicycle and motorcycle parking. Pets prohibited. Fully managed by MIJ, with city gas and no on-site car parking. The source states that registered interior photos date from completion in December 2023. Images used here are the source floor plan and exterior.

Southwest-facing26 units in totalCorner unitElevatorSeparate bath and toilet