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Do you know what a “Bunjo Rental” is in Japan?

The facilities and location of “Bunjo Rental Apartments” are excellent, and the conditions are favorable for those who rent them. However, it is also true that there are some points to be aware of that are unique to condominiums for sale. Let's learn the basics of condominiums for sale, including the disadvantages, so that you don't regret looking only at the good points.


What is a condominium for sale?

A for-sale condominium is a condominium that was originally purchased as a for-sale condominium, but for some reason has been rented out as a rental property. In many cases, they are rented out when the owner can no longer live in the property due to a job transfer or other circumstances. There are also those that were originally purchased by the owner for investment purposes and then rented out.

Since it is often the “biggest purchase in one's lifetime” as one's own home, condominiums for sale are often more livable than those built exclusively for rent. However, since the owner is often not a full-time “landlord,” there can be problems when renting the property as a rental. It is very popular because you can experience the good points of a condominium for sale in a “rental” situation, but there are also some things you should be careful about.


Advantages and disadvantages of condominiums for sale

One of the distinctive differences between “condominiums for rent” and “condominiums for sale” is the difference in building quality. Most rental properties are built for investment purposes. In other words, they are built with an emphasis on rental income for the amount invested. Considering investment efficiency, it is not possible to raise the grade of the building frame, such as the thickness of the building walls, or the facilities more than necessary.

On the other hand, condominiums for sale are often purchased with the intention that the purchaser will live in the condominium for the rest of his/her life, and the structure of the condominium itself is often solid. Many condominiums have a sense of quality, such as a dishwasher and disposal in the rooms, relatively luxurious common areas such as entrances and corridors, and some have party rooms.

Manners in condominiums are also relatively good. Most of the residents of condominiums for sale are people who intend to live in the house for the rest of their lives, so the aesthetics of the apartments are often kept clean. Moreover, since these are people who will have to live with their neighbors for the rest of their lives, they observe rules and manners, and there seems to be little trouble between residents.


What are the disadvantages?

For example, in many cases, the owners have other jobs and are not dedicated to “landlord business,” so they are slow to deal with any problems. Also, many properties tend to be available for a short period of time.

Now, please refer to the specific advantages and disadvantages summarized below.


Advantages of renting a condominium

The structure is solid and often has high earthquake resistance and soundproofing

Many properties are well-equipped with floor heating and other amenities

Often have a caretaker

Many have excellent security

Many have a wide variety of sizes and floor plans

Many people buy and live in these apartments, so the residents' manners are relatively good.


Disadvantages of renting an apartment for sale

Not only the landlord's rules and regulations, but also the rules and regulations of the condominium as a whole

Rent is relatively expensive.

The number of properties itself is small.

You may have to leave the apartment after a short period of time, such as a fixed-term lease

The landlord may not be a professional.

So, when choosing a condominium for rent, what should you pay attention to in addition to the quality of the property?

Management of condominiums for sale for rent

You should ask properly what kind of background the owner has in renting the apartment. It is also recommended to check if the property has a management company for the entire condominium as well as for rentals, if the property is not a full-time landlord.

It is best to check well in advance whether you can get a solid agency in between and to what extent they can manage the property.


Today, We have told you about the advantages and disadvantages of renting an apartment for sale in Japan.

If you are looking for a place to live in Japan, we hope you will be able to find the best property based on this information!

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