In addition to the purchase price of the property, other miscellaneous fees including consumption taxes and brokerage fee will be necessary. The total of such costs will be about (10%-15%) of the total amount depending on case. Below is showing an example of buying 100 million yen property (building and land).
(example)
Type of cost |
AmountNote |
Paid Timing |
Note |
Price (bldg+land) |
¥100,000,000 |
Step5 |
(A) |
ConsumptionTax |
¥6,000,000 |
10% of building price |
Sum |
¥106,000,000 |
|
Brokerage Fee |
¥3,000,000 |
Step4 and 5 |
3% of (A) |
ConsumptionTax |
¥300,000 |
|
Sum |
¥3,300,000 |
|
Stamp Duty |
¥30,000 |
Step4 |
in case the price is (A) |
※ "Stamp duty" changeable depends on purchasing price from ¥200 to ¥600,000.
Registration tax (land) |
¥420,000 |
Step5 |
1.5% of "Official evaluated Price" |
Registration tax (bldg) |
¥600,000 |
2% of "Official evaluated Price" |
Sum |
¥1,020,000 |
|
※ "Official evaluated Price" is on "Official Certification (評価証明書)" which is issued to the property owner from Tax office.
Real-estate acquisition tax (land) |
¥420,000 |
After Step5 |
3%-4% of "Official evaluated Price" |
Real-estate acquisition tax (bldg) |
¥900,000 |
3% of "Official evaluated Price" |
Sum |
¥1,320,000 |
|
Judicial-scrivener Fee |
¥200,000 |
Step5 |
Average price (changeable in case) |
Mortgage Settlement tax |
If possible |
Step5 |
0.4% of "Mortgage Amount" |
Loan-financing Charge |
* |
*changeable in case |
Total |
¥111,870,000 |
|
|
Cost |
|
※Note: This is showing just an example. We can not guarantee your cost in any case.
※Note: if you need "Asset Manager, Property Manager" and others, you need other fees to them.
※Note: Usually when the "delivery" timing, Seller and Buyer settle "City Planning Tax" and "Property Tax" based on the period-time they own the property.