Buying Real Estate in Meguro, Tokyo

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If you are considering purchasing real estate in Meguro Ward, this guide provides detailed information on the local real estate market, popular areas, property types and prices, key considerations, and E-Housing’s services.

Written by

E-Housing K.K.

E-Housing is a forward-thinking real estate platform based in Tokyo, designed to meet your rental, purchasing, and investment needs. By combining advanced technology with deep market knowledge, we make transactions seamless and stress-free. We offer a welcoming service tailored for international clients, simplifying complex processes. Whether you're in Japan or abroad, our reliable service makes navigating Tokyo's real estate market easier and more convenient.

Overview of the Real Estate Market in Meguro

Meguro Ward is located in central Tokyo and is highly sought after for its excellent accessibility and livability. It is adjacent to Shibuya and Shinagawa wards and offers a well-balanced living environment with diverse commercial facilities and educational institutions. Because of these factors, the real estate market in Meguro is highly active, with a variety of properties available.

Popular Areas

The following areas are particularly popular within Meguro Ward:

Nakameguro: Served by the Tokyu Toyoko Line and Tokyo Metro Hibiya Line, this area is famous for its cherry blossoms along the Meguro River, stylish cafes, and boutique shops. It consistently ranks among the most desirable places to live.

Jiyugaoka: Located at the intersection of the Tokyu Toyoko Line and Tokyu Oimachi Line, this area is known for its sophisticated boutiques and cafes, offering a relaxed and elegant atmosphere.

Gakugei-Daigaku: Situated along the Tokyu Toyoko Line, this area is known for its vibrant shopping streets and high convenience for daily life.

Property Types and Price Ranges

Meguro offers a variety of properties, including new and pre-owned condominiums, single-family homes, and plots of land. Prices vary depending on the property type, location, age, and size. According to 2023 data, the median transaction price for a pre-owned condominium in Meguro is approximately 47.5 million yen, while single-family homes are priced at around 120 million yen.

Key Considerations When Buying

When purchasing real estate, it is important to keep the following factors in mind:

Financial Planning: In addition to the purchase price, consider additional costs such as taxes and future maintenance fees when creating your budget.

On-Site Property Inspection: Visiting the property in person allows you to assess the surrounding environment and the property’s condition before making a decision.

Choosing a Reliable Real Estate Agency: Partnering with an experienced and reputable real estate company ensures a smoother transaction.

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E-Housing Services

E-Housing is a comprehensive real estate platform operated by a team of experts specializing in the Tokyo property market. The company supports property purchases, rentals, and management services while also catering to foreign clients. With strong relationships with international corporations, E-Housing provides seamless assistance to those looking to buy property in Meguro Ward.

Talk to an E-Housing Expert

Conclusion

Purchasing real estate in Meguro requires a thorough understanding of the area’s characteristics and market trends to select the right property. E-Housing’s team of experts is dedicated to helping you find your ideal home with professional support every step of the way.

Written by

E-Housing K.K.

Tokyo

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