If you are foreigner in Tokyo, one of the earliest stumbling blocks you will face is to find accommodation in a neighborhood that is well-connected. As an alpha city, Tokyo is expensive and this suggests that property too is heavily priced. If you have to find an apartment for rent in the heart of the city, then you will obviously have to pay a hefty sum and this can burn a hole in your pocket. The trick is to find a balance between connectivity and affordability. While considering the various neighborhoods in Tokyo, you could possibly try finding affordable housing in old downtown neighborhoods like Ueno and Asakusa.

As a foreigner, whether you are looking for Tokyo apartments for rent or Kuala Lumpur apartments for rent, it is important that you plan out your budget. While deciding on the maximum you can stretch in your budget, make sure that you do not exceed 30% of your monthly income. Only this can ensure that you are left with enough to take care of your other essential needs in an expensive city like Tokyo. You must also be sure of the total lease money you are required to pay before you actually sign an agreement. Lease payments, apart from the initial advance money, involve management fees, service costs and a non-refundable deposit called ”key money”.

Over the years, the city of Tokyo has come to house different types of accommodation. Mansions, apartments and single-household structures are commonly found in the city. The kind of accommodation you want is also closely related to the budget you have prepared. Just for your information, apartments and houses that have existed for more than 10 years typically cost less. The ideal way to find older and cheaper accommodation is to contact a real estate agency or an independent agent.

Be it for rented Tokyo apartments or Kuala Lumpur apartments for rent, it is important for a foreigner to have an accurate idea about the lease duration. On an average, property owners in Tokyo prefer not to lease out if the length of stay is less than a year. The tenant typically has to move in within two weeks of signing the agreement. The deal is a little different with serviced apartments, where the minimum length of stay is a month and legal hassles involved are almost nil.

Tags: Apartments, Rental, Tokyo

This entry was posted on March 31, 2010 at 9:46 pm and is filed under International Apartments. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.