Marine Hills Yokohama

Freehold
Tenanted

28-62 Asamadai, Nishi-ku, Yokohama City, Kanagawa Prefecture

JPY 255,000,000 Estimated Yield: 6.51%

582.51
sqm
JPY 0.44M /sqm

20 min walk from JR Tokaido Main Line Yokohama Station

Map View
Financial Overview

Property Details

Building
Listing ID - 1172
JPY 0.44M /sqm (floor)
22 total units
582.51 sqm floor area
Built 1990
Listed on 20 Oct 2026
20 min walk to station
Owner Change (Tenanted)

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Reform History

Water Facilities

Interior

Exterior

Common Areas

Other

Financial Overview

Yield: 6.51%
Monthly Expected Rental Income: -
Annual Expected Rental Income: -

Building & Room

Property Type: Whole Apartment Building
Usable Floor Area: 582.51 sqm
Land Area: 525.28 sqm (measured)
Layout: -
Floors: 3-story building
Year Built: June 1990 (approx. 36 years)
Structure: RC
City Planning: Urbanization Area
Zoning: Category 1 Residential
Building Coverage Ratio: 60%
Floor Area Ratio: 100%
Parking: None
Motorcycle Parking: -
Bicycle Parking: -
Land Rights: Ownership
Private Road Burden Area: -
Total Units: 22 units

Site & Access

Road Access: East: 4m public road / West: 3.3m — Roads on 2 sides
Topography: -
National Land Act: -

Terms & Transaction

Conditions: Owner Change (Tenanted)
Transaction Type: General Brokerage
Brokerage Fee: Not required
Delivery Timing: Negotiable
Property Number: 1172
Information Published: October 20, 2026
Next Update: -

About this property

New earthquake-resistant RC structure

5 minutes by bus to Yokohama Station

Expected yield at full occupancy: 6.50%

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AI SALE EVALUATION

AI RENT EVALUATION

JAPAN PROPERTY
OWNER'S GUIDE

Learn More

Metro Realty, Inc.

Sandar Lwin

Governor of Tokyo: (2) No. 103732

Regulation concerning
property investment in Japan

There are no regulations preventing foreigners from acquiring property in Japan.
In principle, you have the right to own property and land freely.

TO BUY

Stamp duty: JPY200 to JPY540,000 depending on transaction price
Property acquisition tax: 1.5% to 4% of assessed property value
Registration and license tax: 1.5% to 2.0% of assessed property value
Proration of property tax etc.: Buyer settles property tax and city planning tax paid by Seller on a pro-rata basis.
Commission to a buying agent: 3% of transaction price + JPY60,000
Judicial scrivener fee: Approx. JPY100,000
Consumption tax: 8% of building price.

TO OWN

Property tax: 1.4% of assessed property value per annum
City Planning tax: 0.3% of assessed property value per annum, applicable if the property in City Planning Area
Property management fee: Different depending on property and management company
Reserve for maintenance and repair: Different depending on property. As a general rule applicable to only condominiums
Income tax: 5% to 20.42% of annual rent income in case of leasing out the property
Rental agent's commission: Rent for one month in case of leasing out the property

TO SELL

Stamp duty: JPY200 to JPY540,000 depending on transaction price
Income tax on capital gain: Approx. 20% to 39% of capital gain depending on the holding period of the property sold.
Commission to a selling agent: 3% of transaction price + JPY60,000

The information above is provided for informational purpose only. Please check legal/regulatory, taxes, and expense-related issues by yourself before making decisions.