Investment Property in Tottori

Investment Real Estate in Tottori

Investment Property in Tottori
Investment Property in Tottori

Tottori property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Tottori.

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Search Map of Tottori Investment Real Estate

Tottori Prefecture (鳥取県, Tottori-ken) is a prefecture of Japan located in the Chūgoku region of Honshu. Tottori Prefecture is the least populous prefecture of Japan at 570,569 (2016) and has a geographic area of 3,507 km2 (1,354 sq mi). Tottori Prefecture borders Shimane Prefecture to the west, Hiroshima Prefecture to the southwest, Okayama Prefecture to the south, and Hyōgo Prefecture to the east.

Tottori is the capital and largest city of Tottori Prefecture, with other major cities including Yonago, Kurayoshi, and Sakaiminato. Tottori Prefecture is home to the Tottori Sand Dunes, the largest sand dunes system in Japan, and Mount Daisen, the highest peak in the Chūgoku Mountains.

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The financial stability of Tottori has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Tottori

Renting out your Tottori buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in Tottoriare – preparation is key.

  • Set goals based on how much rental yield will be required and the local rental yield rates in Tottori and be prepared to change your initial outlook.
  • Thoroughly research the Tottori location with a special emphasis on fringe areas outside the main Tottori metropolis that may be valued lower than their better-known neighbours. Rental yields of around 5% are still attainable in certain areas of Tottori.
  • Ensure that your target investment property in Tottori appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
  • You may think that managing your Tottori properties yourself is an easy option, but are these savings justifiable when you run into Tottori red tape? Physis Realty Tottori office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Tottori buy-to-rent sector.

With our expert guidance, investing in Tottori provides the secure knowledge that your money is working harder than it would in a local Tottori bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Tottori, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Tottori property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Tottori

Flipping property in Tottori

Flipping property is when we advise clients to buy a Tottori property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Tottori market has a time to react to the renovation.

The Flipping Strategy in Tottori

Investment property flipping in Tottori is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Tottori real estate investments are sometimes referred to by professionals as ‘distressed’ Tottori real estate.

What is distressed Tottori property:

  • Tottori property in need of renovation
  • Tottori real estate with a change of puropose and use
  • Oversold Tottori property
  • Bank repossessions in Tottori

Put simply, long term investors in Tottori purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Tottori investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Tottori property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Tottori use a minimum profit value of 22% when looking at potential Tottori projects. The reason for this is because there are lots that can go wrong in Tottori property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Tottori

For luxury property investors hoping to add a superb property in {AsainCity} to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

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A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Tottori, Physis Realty caters particularly to high net-worth individuals and families in Asia. A luxury real estate investment in Tottori should be entrusted to only the highest-quality agency.

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