Theme · Land Rights
Martin Falbisoner / CC BY-SA 4.0 · WikimediaLeasehold: More Location for Your Budget
Shakuchi-ken (leasehold rights) gives you the right to use land without owning it.
Because leasehold properties are usually priced below comparable freehold properties, they can offer access to locations that might otherwise be out of reach.
Why Leasehold
Use the land without owning it
You own the building or unit, while holding the right to use the land beneath it.
Lower entry price
Leasehold properties are generally valued below comparable freehold properties.
More location for your budget
For a home you plan to use yourself, paying less for the land rights can be very efficient.
Found in central and historic areas
Leasehold properties are not unusual in established urban neighbourhoods, including parts of central Tokyo.
12 listings match this theme
B-00049¥450,000/㎡
IBuilding in Itabashi
Itabashi 1 min from Kami-itabashi Sta.
¥1,000,000,000
≈ $6,370,000 · 6.20% yield
2026/09/24Building·2220.00㎡·580.00㎡ land·1985
C-00312¥4,800,000/㎡
SCondo in Minato
Minato 10 min from Mita Sta. / 10 min from Azabu-juban Sta.
¥980,000,000
≈ $6,242,600
2026/08/21Condo·3BR·200.00㎡·5F·1986
C-00285¥460,000/㎡
ICondo in Chuo
Chuo 1 min from Bakurocho Sta. / 2 min from Bakuro-yokoyama Sta. / 2 min from Higashi-nihombashi Sta.
¥22,000,000
≈ $140,100 · 5.80% yield
2026/07/17Condo·2BR·50.00㎡·5F·1981
O-00006¥950,000/㎡
IOffice in Shibuya
Shibuya 3 min from Yoyogi Sta. / 4 min from Toei Oedo Line Yoyogi Sta. / 5 min from Kitasando Sta.
¥53,000,000
≈ $337,600 · 7.50% yield
2026/07/17Office·60.00㎡·4F·1965
C-00283¥330,000/㎡
ICondo in Suginami
Suginami 3 min from Nishi-ogikubo Sta.
¥19,000,000
≈ $121,000 · 7.50% yield
2026/07/17Condo·2BR·60.00㎡·4F·1970
C-00281¥350,000/㎡
ICondo in Ota
Ota 11 min from Omori Sta.
¥19,000,000
≈ $121,000 · 7.50% yield
2026/07/17Condo·2BR·50.00㎡·10F·1970
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