Minato,
Chuo-kuTrophy Asset · Built 2021
Park City Chuo Minato — The Tower
3LDK · 75.03 m² · Hatchobori Stn · 6 min
Investor Returns
If you buy at ¥249,800,000, here's what you keep.
The full picture for a foreign buyer — total acquisition cost, every tax, real net rental yield, and exactly what you walk away with after capital-gains tax if you exit in 3 or 5 years.
What you pay to acquire
- List price
- ¥249,800,000
- Brokerage (3% + tax)
- + ¥8,309,400
- Acquisition & registration tax
- + ¥8,743,000
- Closing (scrivener, stamp, etc.)
- + ¥1,748,600
Acquisition costs ≈ 7.5% of price
What it earns each year
- Gross rent (3.2%)
- ¥7,993,600
- Operating costs
- – ¥1,758,592
- Property & city tax
- – ¥749,400
- Income tax on rent
- – ¥1,120,161
Net yield 1.6% on all-in cost
The headline
Hold for the long term and the tax on your gain more than halves — from 39.6% at 3 years to 20.3% at 5.
Exit scenarios — what you actually pocket
- Net rental income (3 yr)
- ¥13,096,341
- Projected sale price
- ¥285,063,298
- Selling costs
- – ¥9,473,089
- Capital gains tax (39.6%)
- – ¥2,769,824
- Net sale proceeds
- ¥272,820,386
- Net rental income (5 yr)
- ¥21,827,234
- Projected sale price
- ¥311,296,248
- Selling costs
- – ¥10,338,776
- Capital gains tax (20.3%)
- – ¥6,573,217
- Net sale proceeds
- ¥294,384,255
Illustrative model only. Assumes all-cash purchase, 4.5% annual price growth, stabilised occupancy, and current Japanese tax rates. Capital-gains tax is short-term (39.63%) for sales within 5 years and long-term (20.315%) thereafter; long-term status requires ownership past 1 January of the year following 5 full years, so a sale at exactly year 5 may still be taxed short-term. Figures exclude currency movement and financing. Not tax, legal or investment advice — every mandate includes full due diligence and licensed advisory.
About the Asset
Park City Chuo Minato — The Tower
A flagship trophy address in Chuo Minato, walking distance to Hatchobori and the Tokyo Station business core. The lowest running yield in the set is offset by the strongest expected appreciation — a capital-growth play in one of central Tokyo's premier postcodes.
- Flagship trophy address
- Highest expected appreciation
- Near Tokyo Station core
- 2021-built, prime condition
Specifications
- Location
- Minato, Chuo-ku
- Access
- Hatchobori Stn · 6 min
- Layout
- 3LDK
- Floor area
- 75.03 m²
- Built
- 2021
- List price
- ¥249,800,000
- Gross yield
- 3.2%
Interested in Park City Chuo Minato?
Request the full data room — verified financials, building reports, and a tailored financing & structuring plan.
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