5 Advantages of Owning a Resort Home in Japan

So, what is good about owning a resort home in Japan? Here are the 5 perks you should know.

1. A Weekend Getaway to Look Forward To

Thank goodness it’s Friday! Leave the hustle and bustle of the city behind and hit the highway with your friends or family. After a couple of hours, you’ll find yourself at a tranquil villa by a serene lake, a cozy cottage nestled in the mountains, or a charming beach house by the shore. Gaze up at the stars, savor your drinks, and plan your activities for the next few days. The freedom of having a second home in a resort allows you and your family to unwind, bond, and relish life in Japan.

2. Tax Benefits & Additional Income Opportunities

Subletting or offering your resort home as a vacation rental, known as “minpaku” in Japan, can bring in extra income. Moreover, if you file tax returns in Japan, you can deduct expenses related to the rental business based on the number of days you rent out the property (this also applies to rented spaces within your primary residence). Deductible expenses may include property purchasing costs, real estate agent fees, purchasing-related taxes, annual real property tax, property management fees, and other related expenditures like cleaning costs. Additionally, money spent on property remodeling or buying furniture can also be deducted. Under the current regulations, a minpaku without a hotel license can be rented out for up to 180 nights per year.

3. A Contingency Plan for Emergency Situations

With large areas of major cities like Tokyo situated below sea level, considering worst-case scenarios is daunting but necessary. As abnormal weather and natural disasters increase due to climate change, having options for long-term stays during emergencies becomes crucial. Owning a resort home provides peace of mind, knowing you have a secure place to retreat to with your family in times of need.

4. A Fun Remote Working Environment

The COVID-19 pandemic has normalized working from home, and our lives now revolve around our houses more than ever. Investing in a home to create a comfortable and inspiring environment makes perfect sense. If you have the flexibility to work remotely without frequent commutes, why not establish a “work-ation” environment? Consider purchasing a home in a resort area, where you can blend work and vacation seamlessly.

5. Always Available for You

Owning a resort home offers the flexibility to plan vacation trips on your terms. Even during national holidays, you don’t have to worry about availability—it’s your very own home after all! You can escape to your favorite retreat whenever you desire, without needing anyone’s permission. Plus, last-minute changes won’t be a problem, and there are no cancellation fees to fret about.

We hope this article has painted a picture of the joys of owning a resort home, a gateway to an enriched life in Japan.