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Residential

Condominium in Itabashi, Tokyo

¥85.8M

≈ US$543,000

Unit 501, 9-3 Nakamarucho, Itabashi, Tokyo
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  • JR Yamanote Line / Ikebukuro13 min walk
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Good pointsFreehold (land included)New earthquake standardCorner unitRenovatedSouth-facing
Property Overview
Terms explained
Property Type
Condominium
Year Built
Dec 2001 (25 yrs old)
Earthquake standard (from built year)
New standard (June 1981 or later)Guide
Structure
Steel Reinforced Concrete (SRC)
Floors
15 floors
Building Area
75.96㎡ (818 sq ft)
Land rights
Freehold (land included)
Current Status
Vacant
Price per m²
¥1,129,542/m²
Management fee (monthly)
¥13,800Guide
Repair reserve (monthly)
¥19,700

Monthly payment estimate (with a mortgage)

20% (JPY 17,160,000)
1.00%
35 years

Monthly payment

¥193,761

Management and repair fees
¥33,500
Total monthly outgoings
¥227,261
Down payment
JPY 17,160,000
Loan amount
JPY 68,640,000
Total interest
JPY 12,740,000

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

20% (JPY 17,160,000)

Loan amount (paid by the lender)JPY 68,640,000

Cash you need (estimate)

JPY 22,980,000 – JPY 24,190,000

Down payment
JPY 17,160,000
Brokerage fee (maximum, incl. tax)
JPY 2,900,000
Stamp duty on the contract
JPY 30,000
Loan administration fee (2.2% of the loan)
JPY 1,510,000
Registration tax (ownership)
JPY 430,000 – JPY 690,000
Registration tax (mortgage)
JPY 70,000 – JPY 270,000
Judicial scrivener fee
JPY 100,000 – JPY 200,000
Acquisition tax (paid after handover)
JPY 430,000 – JPY 860,000
Pro-rata property tax and fees
JPY 170,000 – JPY 260,000
Fire and earthquake insurance
JPY 130,000 – JPY 260,000
Stamp duty on the loan contract
JPY 60,000

When you pay

At the contract (deposit 5%, stamp duty, half the brokerage, etc.)
JPY 5,770,000
At settlement (the rest of your cash)
JPY 17,220,000 – JPY 18,420,000

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 →

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

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Property Overview

A 75.96 m², 3LDK corner apartment on the fifth floor of a fifteen-story building completed in December 2001, a 13-minute walk from Ikebukuro Station. Southeast facing, with a 7.87 m² balcony. Freehold ownership; currently vacant, with handover timing to be agreed. The original drawing states that a full renovation was completed at the end of August, but does not specify the completion year. Monthly management fees are JPY 13,800 and the repair reserve is JPY 19,700, totaling JPY 33,500. The drawing allows one pet per apartment; detailed pet rules require confirmation. No parking spaces are available. The seller specifies the judicial scrivener. Purchase expenses, taxes, financing terms and the actual contract and handover schedule require individual confirmation.

3LDKFifth-floor southeast-facing corner apartment7.87 m² balconyOne pet per apartment; detailed rules to confirmNo parking availability

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Unit 501, 9-3 Nakamarucho, Itabashi, Tokyo

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