Understanding the warranty against defects when buying real estate

When buying real estate in Japan there may be occasions where the buyer has recourse against the seller if a hidden defect or fault is discovered with the property. This does not apply in all situations, so it is important for a buyer to understand when and what is covered before signing a contract of sale. 

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Sold Out: The Peak Azabu Nagasaka

On April 16, Odakyu Real Estate announced that all apartments in the newly-renovated The Peak Azabu Nagasaka condominium had sold out in March. 

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Apartment age and pricing

One essential point to know about the property market in Japan is how the building age can affect pricing, both for sale and rental. When you are looking to buy or rent an apartment or house, newer construction is typically going to cost more on a price-per-square-meter basis than older buildings. 

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Greater Tokyo’s compact apartment market in 2018

According to the Real Estate Economic Institute’s report on the compact apartment market, smaller apartments are starting to account for a larger share of total supply. 

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Modernist house-turned-restaurant in Shirokane closes its doors

Located in a quiet and wealthy residential neighborhood just minutes from Shirokane sits a small and unassuming modernist house. Until late last year, this home was the Kamikozawa-tei shabu-shabu restaurant serving small groups of customers. 

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Kamakura modernist museum to re-open this June

After a lengthy refurbishment and retrofit, the former Kanagawa Prefectural Museum of Modern Art, Kamakura, will officially re-open as the Kamakura Bunkakan Tsurugaoka Museum on June 8. The iconic modernist building was designed by Junzo Sakakura (1901-1969) and opened in 1951 as Japan’s first public museum of modern art.

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