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Question Title: Exit strategy for condominium investment

Nice to meet you.
I hope you can give advice on the title.

At present, we own separate condominiums in Oimachi and Nakameguro, each of which has been built for more than 20 years. thinking about.

A few years ago, I purchased it with a down payment of about 300 million yen each, so I still have a loan left (monthly cash flow is about 2 yen after various deductions for two units).

Also, "If you normally let go, it must be up to how many years ..." "If you keep it, 〇〇 is a condition ..." Can you give such advice?


20 years old

nice to meet you.My name is Tokuda from Rich Road.Thank you for visiting our bulletin board.He owns apartments in Oimachi and Nakameguro.You're in a good place.Nakameguro, in particular, is a place where prices are less likely to drop depending on the age of the building.Even old apartments have high prices.Also, if you make an initial investment of 600 million yen and get 48 yen a year, the yield is 8%, which is healthy.When a condominium is about 20 years old, it will be close to the bottom price in that area, and after that, it will slowly go down, so I don't think it's necessary to be so fluctuating.Currently, it has an area of ​​17 to 19 square meters, is about 20 years old, and can be sold for 800 to 900 million yen in Oimachi and 1,200 to 1,300 million yen in Nakameguro. Isn't it?The exit strategy is determined by the building age and location at the time of purchase.In the case of new construction or new construction, the speed of the price decline is faster than the decrease in principal, so it is necessary to plan the timing of the sale, but in the case of Shiba Inu's condominium, it is okay to keep it for a long time. think.If I had to say, I think Nakameguro would have a smaller price drop in the future, so if you're going to sell, I'd say start from Oimachi. I'm sorry that I can't show you a clear guideline, such as "If you're going to let it go, it must be until the age of the building."

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Answer staff: Rie Tokuda