



Acquisition tax of 3%-4% is applied to property and is paid post completion and is calculated on the statutory valuation of the property.
Fixed Assets tax is the only ongoing/annual tax for the ownership of land/houses is an annual fixed tax of 1.4% of the statutory valuation of the property.
There is a big variation in price depending on area but most areas come somewhere between ¥20,000/tsubo and ¥150,000/tsubo .(¥6,600/M2 and ¥45,500/M2)
The main driver of the cost of building is the price of materials used. As the cost of raw materials varies depending on market conditions the prices below should be taken as a broad indication only. More detailed and accurate quotes are available at the time of building. The prices below do not include fittings, white goods, furnishings and finishes.
Timber Construction
¥746,100/tsubo (¥248,700/M2)
Steel Construction
¥874,500/tsubo (¥291,500/M2)
Concrete construction
¥939,600/tsubo (¥313,200/M2)
In addition to these costs, water connection, property registration and other fees apply.