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nomu.com key terms - whole building -

Price

The total price of the property. If consumption tax is to be levied, the price is inclusive of tax. For the purpose of display any amount less than ¥10,000 is rounded up to the nearest ¥10,000.

Location

Location of the property (address or lot number). Detailed information such as the sub-number of the lot is not disclosed in order to protect personal information. For details, please contact the respective real estate agent.

Transportation

Time required on foot from the nearest station to the property is indicated. If more than one train line or train station is available, all of this information is provided. If applicable, access by bus is also indicated together with the expected time required from the nearest train station to the closest bus stop to the property and the expected time required on foot from the bus stop to the property. The expected time required is calculated based on a walking speed of 80 meters per minute and rounded up to the nearest minute.

Rights Concerning Land

Indicates type of land right. In the case of leasehold, the type of lease, leasehold period, and fees are provided.

Land size

Size of land, excluding that of the private road (driveway) measured in square meters and tsubo is provided.

Building size

Size of building measured in square meters and tsubo is provided.

Setback

When constructing a building within an urban planning area, under the stipulation of the Building Standards Law, a part of the property is required to be set back to ensure road width.

Charge for Use or Ownership of Private Road

In a real estate transaction, when the property for purchase or sale contains a private road (driveway), this piece of property is included in the ownership. Measurement is provided in square meters and tsubo.

Structure type and number of floors

Main structure type and number of floors are indicated.

(Explanation of terms)

SRC Steel reinforced concrete
RC Reinforced concrete
PC Precast concrete
HPC Precast steel reinforced concrete

Floor number indicates total number of stories of the building.

Completion date

Completion year and month of the building. If not completed yet, scheduled year and month will be indicated.

Parking space

Whether or not parking area is available

(Explanation of terms)

Provided Parking space available
Not provided Parking space NOT available(non-existent or full)

City planning

Type of city planning in which the property is located. Areas designated for urbanization promotion and urbanization control areas are included in this urban planning framework.

Land classification

Publicly Registered  classification of the use of land. Indicated classification may be different from current status. Please contact the respective real estate agent for details.

Designated use of land

Uses of the land designated by the City Planning.

Leasehold fee

Leasehold fee, if applicable.

Leasehold period

Period of leasehold, if applicable.

Notification under the National Land Use Planning Act

Whether or not reporting under the National Land Use Planning Act is required.

Building-land ratio

The ratio of the building’s size to the size of land upon which it is built. If the property may fall under two or more land use districts, or if there are restrictions due to the road width of the adjacent road, several ratios may be indicated. For details, please contact the respective real estate agent.

Floor area ratio

The ratio of a building's total floor area (gross area) to the size of land upon which it is built. If the property may fall under two or more land use districts, or if there are restrictions due to the road width of the adjacent road, several ratios may be indicated. For details, please contact the respective real estate agent.

Road(s) facing the property

Direction, width and type of the road(s) which the property is directly facing are indicated.

Handover date

Preferred date of handover of the property.
"Immediate" handover shall be made upon receipt of full payment of the purchase price .

Public Utilities

Availability or current status of public utility services such as water supply, sewage and gas is indicated.

Present condition

Current status of property indicated as: “vacant”, “rented”, “under construction” or “currently for own use.”

Revenue

Gross revenue
(annual)
Gross revenue (annual) is calculated based on the annual income gain under full occupancy. If the property is currently fully occupied, the current income is indicated. The gross revenue (annual) is based on the current rent; thus, future rent price and expected revenue cannot be guaranteed.
Gross yield
(annual)

Gross yield (annual) is calculated based on the estimated rental value of the neighboring areas. Annual income is estimated under the condition of full occupancy and then divided by the purchase price. Unit is indicated in percentage. The Gross yield may be affected by changes in rent and the like; thus, this expected revenue cannot be guaranteed in the future.

<Calculation formula>
Gross yield (annual) =
{(estimated rent + common area charges, etc.)} x 12 months / purchase price
  • * Yield is the calculated amount prior to deducting the required costs such as taxes and public dues, common area charges, and other fees pertaining to the maintenance of the property.
  • * The above expected rent includes common area charges.
  • * In the case of sales properties, management/maintenance fee and repairs reserve fund to be paid to the property management association may be incurred.
Current revenue
(annual)
The calculated annual revenue is based on the current income from rent; thus, this current annual revenue cannot be guaranteed in the future.
Current yield
(annual)

Current yield (annual) is calculated with the annual income, based on the current income from rent divided by the purchase price (rent of vacant rooms is not included in this calculation).
Unit is indicated in percentage (%). The Current yield may be affected by changes in rent and the like; thus, this current revenue from rent cannot be guaranteed in the future.

<Calculation formula>
Current yield (annual) =
{(current rent + common area charges, etc.)} x 12 months / purchase price
  • * Yield is the calculated amount prior to deducting the required costs such as taxes and public dues, common area charges, and other fees pertaining to the maintenance of the property.
  • * The above current rent includes common area charges.
  • * In the case of sales properties, management/maintenance fee and repairs reserve fund to be paid to the property management association may be incurred.
Guarantee money, etc. Guarantee money is indicated when applicable.

Remarks

Other conditions and requirements including legal restrictions, special remarks and current status, such as the status of facilities.

Transaction Type

Type of transaction for the property

(Explanation of terms)

Broker A type of contract agreed upon when the selling or renting of real estate properties are entrusted to a real estate agency.
Seller The real estate agent who is the advertiser, purchases the property (land or building) and also sells.
Agent A type of contract agreed upon when the selling or renting of a real estate property are entrusted to a real estate agency. The agent is able to sign a contract on behalf of the seller.
Distributor Consigned by the seller to sell a real estate property.