Hi all,
Recently, I negotiated the price (but haven't yet signed the contract) for a plot of land in Shinjuku, around the Nakai area. I'm a non-resident in Japan, and my plan is to hire a construction company to build a house as a vacation property where I'd spend 3-6 months out of the year.
I'm a Canadian citizen who has lived abroad in a nearby Asian country for about 20 years. So am certainly not new to residing/buying property abroad or dealing with bureaucracy. I also understand that this won't be a return-optimised investment, and that there will be ongoing costs (property management, taxes, etc.). My main goal isn't to make profit here.
Mostly, I'm looking to see if anyone could please offer any advice… or if there's anything I'm missing here that would make this idea non-feasible regarding permits, power/water connection, ability to sign paperwork without a hanko, etc.
I greatly appreciate any help or words of wisdom! Thanks in advance.
by Rakbauer