#Japan #Tokyo #Ochanomizu #Tokyu Livable #Legacia

Tokyu Livable Launches Real Estate Micro-Investment Product

Tokyu Livable Inc. (Representative Director: Toshiichi Kobayashi, Headquarters: Shibuya, Tokyo) has recently announced the commencement of general recruitment for 'Legacia Ochanomizu', a fractional real estate investment based on the Real Estate Specified Joint Business Act. This investment opportunity is centered on a residential property located in Honjo, Bunkyo Ward, and will be available from May 20, 2025.

Overview of Legacia Ochanomizu

The 'Legacia' series of real estate micro-investments allows customers to invest in profitable urban real estate with small amounts of capital, tailored to various asset backgrounds and needs. This product caters to investors looking to dive into high-valued properties usually worth hundreds of million yen without requiring significant capital upfront.

Key Features of Legacia Series

• - Accessible Urban Investments: Urban properties often demand exorbitant prices, making it difficult for individual investors to make a purchase. However, through fractional investment, individuals can invest in such high-value properties starting from modest sums.

• - Hassle-Free Management: Property management responsibilities such as rental collection, tenant disputes, and post-tenant recruitment are managed by the executing organization members (Chairman/Tokyu Livable), relieving investors from management burdens.

• - Effective for Inheritance Issues: Ownership disputes can arise among multiple heirs when a single rental property is inherited. Micro-investments can simplify this by allowing co-ownership, reducing potential friction among heirs.

• - Flexibility During Investment Period: Should inheritance, gifts, or sales occur during the investment period, investors can transfer their partnership status with the approval of Tokyu Livable Inc., allowing for smooth transitions in ownership. However, please note that investments cannot be split into portions less than one unit.

Surrounding Environment

Legacia Ochanomizu is located in Bunkyo Ward, a culturally rich educational area known for its historic and lush environments, blending knowledge and history seamlessly. The area boasts several educational institutions, including the prestigious University of Tokyo and Juntendo University. Additionally, prominent attractions like Koishikawa Botanical Garden and Rikugien are nearby, showcasing a harmonious mix of greenery and academia.

The property is conveniently situated, with three stations and four train lines within a 10-minute walk, including the 'Hongo-sanchome' station. This provides quick direct access to major areas like Otemachi, Kasumigaseki, Ginza, and Shinjuku, making it practical for both commuting and leisurely weekend outings.

Product and Property Details

• - Property Name: Legacia Ochanomizu
• - Location: 2-12-7 Hongo, Bunkyo Ward, Tokyo
• - Transport: 5 minutes walk from Tokyo Metro Marunouchi Line 'Hongo-sanchome' Station, and 8 minutes walk from 'Ochanomizu' Station
• - Land Type: Residential land
• - Area: 152.64 sqm (46.17 tsubo)
• - Structure: 10-story reinforced concrete building
• - Total Building Area: 630.86 sqm (190.83 tsubo)
• - Rentable Area: 525.42 sqm (158.93 tsubo)
• - Construction Date: March 2025
• - Road Access: North side about 6.0 meters, west side about 5.9 meters
• - Land Rights: Ownership
• - Total Amount Raised: 1.11 billion yen
• - Total Units: 222 units
• - Minimum Application Unit: 500 million yen, minimum of 2 units, maximum of 55 units
• - Website: Tokyu Livable

This product is based on a specified joint real estate partnership agreement as defined by Article 2, Section 3, Item 1 of the Real Estate Specified Joint Business Act, with Tokyu Livable Inc. acting as the executing organization member in this agreement.

Future Developments

Since the launch of our first product, 'Legacia Sakurashinmachi', in June 2019, we have successfully initiated fundraising for six products, forming respective joint organizations and currently managing them as planned. The Legacia series offers investments starting from 1,000,000 yen for urban profitable properties, emphasizing benefits such as ease of investment and effective inheritance division, making it a valuable choice for prospective investors. We aim to continue promoting the Legacia series to provide opportunities for investment in urban properties with minimal capital, manageable operations, and strategies to ease inheritance complexities.