Oh my god, thanks for your sharing! I actually also have such plan in 2-3 years ago, but the point is K really don't know the Japanese culture and afraid that the estate against will cheat on me. Such that I give up. But it is clearly that I was wrong, as I saw a lot of successful case, you are one of them. May I know in terms of the properly value, how much have it increased?
One thing interesting about japan property and quite different from hong kong is that you dont look for much capital gain, especially for these type of old single apartment, i will discuss more on later series about the risk of buying japan property. And you are right, you should know more about japan culture before investing... I am just stupid :p
lol, you are not stupid, you are just brave enough to make a try. May I know what is your first step for buying the flat? You go to Japan and find a property agent and have a greeting with them, and thna they wil lead you to the house? Or you find a local agent in Hong Kong?
My first step actually quite different. Instead looking at the best investment, i am looking at borrow opportunity. Because i am leaving hk for awhile and will be without a job, the first thing i used my salary proof to secure a low interest loan.
And then with the low interest fund, i look for interest arbitrage, and as i said in the article, i think yen is cheap and the rental yield is attractive. I am able to find a local agent in hong kong and then basically buy it right away as i dont want to lose interest without cash inflow. But i made alot mistakes now i think back, and i will discuss later.