Izu-Atagawa is a hot spring resort town
and there are numerous resort condominiums in the area. Many of them were built
during the bubble period about 20 years ago and now because the owners are
aging and selling them off, and also because there is a surplus of these resort
condominiums, they are surprisingly cheap. Even foreigners living in Japan can
now afford to have a second home. Let’s have a look at getting a second home in
Japan.
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Resort condo in Izu Atagawa |
For around 2,000,000 yen ($20,000US),
you could get yourself a little 22 square meter condo with small kitchenette
and unit bath. That’s all you need if it is just the two of you. You may need
something bigger if you’re a family of four. Since you are in a hot spring
resort town, almost all of the complexes will have their own hot spring bathing
facilities in the building. You could sit in the outdoor hot pools and look
over the ocean. Your condo will probably come with a swimming pool and various
other facilities such as a billiards table and table tennis table.
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Most condos will have their own hot spring facilities. |
Of course you’ll have to pay the
running costs if you purchase one. Maintenance costs will cost around 20,000
yen a month for a 22 square meter condo. If you have a bigger condo, you’ll pay
more. The cost will also depend on the age of your condo, too. You’ll also need
to pay for utilities, such as power and water. Oh, and don’t forget insurance.
Second home ownership isn’t for
everyone. There are a few things that you need to keep in mind. Firstly, how
far is it from your home? Ideally, you want something that’s not too far away.
Perhaps a 3-hour drive at most. Secondly, If you have a
second home, you’ll probably be going back to the same place all the time,
rather than different destinations.
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Kitchenette |
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Unit Bath |
However, with a second home you are not
dictated by the check-in and check-out times of hotels. You won’t have to
vacate your room by 10am, so you can sleep in, and perhaps head for home later
in the evening after you are well rested.
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View from balcony |
If you think you’d like a second home
in Japan, there are many websites (in Japanese, naturally) that list resort
condos. One company that deals in resort holiday homes his Himawari. Check out
their website at http://www.himawari.com
and if you see anything you like, organize a viewing. It would probably pay to
have someone who can speak Japanese, especially if you decide to buy. When it
comes time to buy, you’ll have to pay the land agents fees on top of the sale
price, and there is a one-off property tax that needs to be paid about 3 months
after the purchase date.
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