Insurance For Second Homes In Japan: How To Claim For Damages

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Insurance For Second Homes In Japan: How To Claim For Damages

Insurance For Second Homes In Japan: How To Claim For Damages

There are more than 8 million houses in rural Japan, and local governments are selling them for $500 in a bid to attract residents.

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This empty property in Tochigi, a prefecture north of Tokyo, is one of the 8 million homeless buildings that need people to live in. Tochigi Akiya

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There are millions of houses in Japan, and some of them are given almost for free.

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To find people to live in its millions of “akiya,” or homeless shelters, the Japanese government has lured landlords with financial incentives such as donations and grants to support repairs. again new.

The Japan Housing and Land Survey, conducted every five years, recorded a record high of 8.49 million akiya in Japan in 2018. Many of these houses were abandoned after relatives died or when people moved away. , the study found. The 2018 survey found a 3.2% increase in the number of akiya compared to 2013.

A housing manager opens the window of a vacant Japanese house in the city of Kamakura outside Tokyo Thomas Peter/Reuters

Insurance For Second Homes In Japan: How To Claim For Damages

The report also found 13.6% of Japan’s 62.42 million homes are unoccupied. This is particularly pronounced in the areas of Wakayama, Tokushima, Kagoshima, and Kochi, all of which have recorded a house rate of no more than 18%.

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The push to revitalize Japan’s rural areas is a key part of Japanese Prime Minister Yoshihide Suga’s economic plans for the country. Suga made rural revitalization the centerpiece of his policy when he took office in September, pledging in November to boost the rural economy by boosting tourism monitoring and promoting agricultural reforms.

Cities such as Tochigi and Nagano have “kaya banks.” These websites, created by local or municipal governments, list abandoned buildings. Some of them are as low as 50,000 yen ($455).

The city of Okutama in western Tokyo is hand over elderly and homeless, according to the Nikkei. Some new residents have found creative ways to recreate them, turning them into training and dining.

“The program not only helps the old owners, who have struggled to use the property and pay taxes, but also to the city by reducing the abandoned buildings that can collapse or otherwise cause risk in the future,” a spokesman for the Okutama government office told the Nikkei.

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Some state governments have found that offering cash is one of the best ways to attract remote workers.

Nikkei reported that Mikasa in the northern part of Hokkaido recorded an 11% reduction in its homeless population when the city rolled out subsidies for childcare and housing purchases. Similarly, the town of Daisen in Tottori Prefecture saw a 7.9% drop in vacant properties after the local government gave 2 million yen ($18,229) in grants to those who were renovating some of its listed buildings. information.

In September, the Nikkei reported on a project by which remote workers who manage work in Tokyo while working in the city will receive a 1 million yen ($9,114) cash grant. Meanwhile, IT business founders in rural Japan can apply for a grant of 3 million yen ($27,343).

Insurance For Second Homes In Japan: How To Claim For Damages

The southern Italian town of Cinquefrondi started selling houses for 1 euro in an attempt to rebuild. Andreas Solaro/AFP via Getty Images

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As Taylor Borden and Libertina Brandt recently reported, cities and towns across the United States are offering people billions of dollars — and in some cases, free land — to relocate.

In Italy, the southern village of Cinquefrondi made headlines when it started selling houses for 1 euro ($1.14) to increase the town’s population. And the city of Locana in northern Italy offered the same deal but sweetened it by offering remote workers with children a cash support of 9,000 euros ($10 , 971) to move there to fill his dwellings.

See: The drone captures how the volcano erupted and hundreds of earthquakes laid waste to some parts of the Congolese city’s land use area, prohibiting the use of houses in all categorized areas; it also controls the volume and height of buildings through Floor-Area Ratio (FAR) and Building Coverage Ratio (BCR) in each area.

The size and height of the house you can build depends on the FAR and BCR of the property and this also affects the real estate price.

Floor Area Ratio (far) And Building Coverage Ratio (bcr) In Japan

As FAR and BCR are explained in the real estate documents provided by the real estate company, it is recommended to understand them first when you plan to buy real estate.

The ratio of Building Area divided by land (site) area. The building area means the area of ​​the floor of a building when looking at it from the sky.

This restriction is designed to open up the land, prevent large families, and for the following important purposes:

Insurance For Second Homes In Japan: How To Claim For Damages

Depending on the land use area it is controlled in 30% – 80%, and a building should be built in the highest BCR ratio in the area.

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For example; In the case of land of 100㎡ with BCR of 50%, a building with a maximum area (Government area) of 50㎡ can be constructed.

The ratio of Total area divided by Land (site) area. Total floor area means all the floor space in a building.

This restriction is limited to limit the size of the building, to prevent overcrowding in the area, and for the following reasons:

For example; In the case of an area of ​​100㎡ and a distance of 300%, a building with a maximum area (Total floor area) of 300㎡ can be built.

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Under the following special conditions, Building Coverage Ratio (BCR) and Front-Area Ratio (FAR) may be relaxed or further restricted.

Land angle : The land angle (specified by the government) is allowed to add 10% to the maximum BCR, when additional conditions are satisfied such as width and angle of the adjacent road and the length of contact with the adjacent land. * Please consult with the local government.

Land sandwiched between two roads or in the middle of several roads : When 2 sides of a land face two roads, it will be considered as a corner land and is allowed an additional 10% for the maximum BCR. * Please consult with the local government.

Insurance For Second Homes In Japan: How To Claim For Damages

Land bordering a park, open space, water, etc., : When 1 side of a land faces a road and the other side faces a park, etc., it will be counted said to be corner land and allow an additional 10% to the maximum BCR. * Please consult with the local government.

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In the case of a fireproof building: a fireproof building in the fireproof area is allowed to add 10% to the maximum BCR.

When the width of the front road is less than 12m, the lower width should be adopted from the specified FAR.

* In case of Residential Land Use Zones: The width of the frontal road (m) x 4/10

* In case of Land Use Zones other than Residential: The width of the frontal road (m) x 6/10.

Japanese Government Is Selling Houses For $500 To Populate Rural Areas

When the width of the front road is less than 4m: Setback (the extent of the road is set back on the ground in order to widen the road) is required. Since the setback is considered to be a road, the land will be narrow and the limitation from FAR will be more.

If they are not listed in the housing information provided by the housing company, you can check them by asking at the Housing Directory or the City Planning Division of the city’s office location.

PLAZA HOMES bilingual real estate experts have a wealth of local knowledge about selling your property in Japan.

Insurance For Second Homes In Japan: How To Claim For Damages

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Grandvert Ebisu is an apartment building with a total of 37 units, built in February 1998, with 7 floors above ground and 1 basement floor, located in Ebisu 3-chome, Shibuya -ku, Tokyo. It is a 10-minute walk from Ebisu Station on the JR Yamanote Line and a 14-minute walk from Hiroo Station on the Tokyo Metro Hibiya Line. Ebisu area with many restaurants and the quiet Hiroo area

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