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What Is a Parking Sharing Service? How Rental Properties Without Parking Can Use It, Plus Pros and Cons | INA&Associates

This article explains parking sharing services as a practical option for rental properties without parking, covering benefits, drawbacks, and service comparisons. Consult INA&Associates for tailored advice.

Last updated: About 3 min read

For people who own a car, securing parking is an important factor when choosing a rental property. If the property does not have parking or the fee is high, parking-sharing services have become a strong option in recent years. This article explains in detail how parking sharing works, along with its advantages, disadvantages, and recommended services.

How can you secure parking for a rental property?

To secure parking for a rental property, there are mainly two options: "find a property with parking" or "rent a nearby monthly parking space."

Find a property with parking

Properties with on-site parking are convenient, but a separate contract is required, and you cannot use it if no spaces are available.Depending on the type of vehicle, some spaces may not be usable, such as those limited to compact cars or mechanical parking systems. In addition to the monthly rent, initial costs such as deposit and key money may also apply, so it is essential to confirm the total cost.

Look for nearby monthly parking

If the property’s parking is expensive or full, consider a monthly parking space. To obtain a parking certificate, you must secure a parking space within a straight-line distance of 2 km from your home.It is also important to confirm before signing the contract that the space can accommodate your vehicle’s size.

What problems can arise in parking areas, and how can you address them?

Various problems can arise in the parking areas of rental properties. It is important to understand preventive measures in advance.

Measures against unauthorized parking

Unauthorized parking is one of the most common problems in rental parking areas.If you discover it, contact the management company or landlord and ask them to handle it. Avoid moving the vehicle yourself, as this may create liability for damages. Installing traffic cones or security cameras can also be effective preventive measures.

Hit-and-run incidents and vehicle break-ins

If you become a victim of a hit-and-run or a vehicle break-in, report it to the police immediately.Choosing a parking area with security cameras can reduce the risk of damage.Not leaving valuables inside the vehicle is also a basic precaution.

Accidents inside the parking area

If an accident occurs inside the parking area, you must report it to the police just as you would on a public road.Accidents inside parking areas are often difficult when it comes to determining fault percentages, so installing a dashboard camera is recommended.

What is a parking-sharing service?

A parking-sharing service allows owners to rent out vacant parking spaces by the hour or by the day, while users can reserve and pay through a smartphone app or similar platform.It works by putting idle space owned by individuals or businesses to use, and it is often available at a lower cost than coin-operated parking.

Features of sharing services

  • Easy search, reservation, and payment by smartphone
  • Flexible time settings, such as 15-minute units or full-day units
  • Advance reservations make it possible to secure a parking space with certainty
  • Rates tend to be lower than coin-operated parking

What are the benefits of parking sharing?

Parking sharing offers benefits to both users and space providers.

Benefits for users

  • Cost savings:It is often cheaper than coin-operated parking
  • Advance reservation:You can secure parking with certainty, eliminating the stress of searching for an available space
  • Convenience:Everything from search to payment is completed in the app
  • Wider area options:There are many choices, including vacant spaces at private homes

Benefits for space providers

  • Use of idle assets:You can earn income from parking spaces during times when they are not in use
  • Low initial cost:You can start without special capital investment
  • Flexible operation:You can freely set the times and dates when the space is available

What are the drawbacks of parking sharing?

Even though parking sharing is convenient, there are drawbacks you should keep in mind.

Drawbacks for users

  • Location instability:The space may suddenly become unavailable due to the provider’s circumstances
  • Concerns about facilities:Private parking spaces may have insufficient lighting or security cameras
  • Trouble response:Support systems for disputes between users vary depending on the service

Drawbacks for space providers

  • Accident risk:Questions of liability if an accident occurs inside the parking space
  • Manners-related issues:Problems that arise when users have poor manners
  • Fees:Service fees are deducted from revenue

Here is a comparison of the main parking-sharing services used in Japan.

Service nameFeaturesCoverage area
akippaLarge number of registered parking spaces and available in 15-minute unitsNationwide
Toku-PFees are among the lowest in the industry, making it advantageous for providersNationwide
Nokisaki ParkingStrong around event venues, with reservations mainly by the dayNationwide
Times no BOperated by major company Times and highly reliableNationwide

What should you watch out for when using parking sharing?

To use parking sharing safely, pay attention to the following points.

Check the contract details

Check the terms of use, cancellation policy, and whether insurance is provided in advance.Some services also include vehicle insurance.

Inspect the site in person

If possible, check the parking space on site before using it for the first time.Ease of access from the road, suitability for your vehicle size, and safety of the surrounding environment are important points to check.

Use the service with proper manners

Be sure to keep to your reserved time, take your trash with you, and avoid causing noise, among other considerations, and do not forget to be considerate of the provider and nearby residents.

Frequently Asked Questions (FAQ)

Q. Can parking sharing replace a monthly parking contract?

A. If you use it frequently, the cost may become high. We recommend comparing it with a monthly parking contract based on how often you use it.

Q. Can I obtain a parking certificate through parking sharing?

A. In principle, you cannot obtain a parking certificate through parking sharing.If you need a parking certificate, you will need a monthly parking contract.

Q. What should I do if a problem occurs?

A. First, contact the customer support of the service you are using. If there has been an accident, you also need to report it to the police.

Q. What is the typical price range for parking sharing?

A. It varies by area, but in urban areas a rough guide is about JPY 500 to JPY 1,500 per day. It tends to be 20% to 50% cheaper than coin-operated parking.

Daisuke Inazawa, President & CEO of INA&Associates Inc.

Author

President & CEOINA&Associates Inc.

President & CEO of INA&Associates Inc. Leads real estate brokerage, rental leasing, and property management across Greater Tokyo and the Kansai region. Specialises in income-property investment strategy and advisory for ultra-high-net-worth individuals.

Daisuke Inazawa is the President and CEO of INA&Associates Inc., a Japanese real estate firm headquartered in Osaka with a Tokyo branch. He leads the company's three core businesses — real estate sales brokerage, rental leasing, and property management — across the Greater Tokyo Area and the Kansai region.

His areas of expertise include investment strategy for income-generating real estate, profitability optimisation of rental operations, real estate advisory for ultra-high-net-worth individuals (UHNWIs) and institutional investors, and cross-border real estate investment. He provides data-driven, long-horizon advisory to investors in Japan and overseas.

Under the management philosophy "a company's most important asset is its people," he positions INA&Associates as a "people-investment company" and is committed to sustainable corporate-value creation through talent development. He also writes and speaks publicly on leadership and organisational culture in times of change.

He has passed eleven Japanese professional qualification examinations: Licensed Real Estate Broker (Takken), Certified Real Estate Consulting Master, Licensed Condominium Manager, Licensed Building Management Supervisor, Certified Rental Housing Management Professional, Gyōseishoshi Lawyer (administrative scrivener), Certified Personal Information Protection Officer, Class-A Fire Prevention Manager, Certified Auctioned Real Estate Specialist, Certified Condominium Maintenance Engineer, and Licensed Moneylending Operations Supervisor.

  • Licensed Real Estate Broker (Takken)
  • Certified Real Estate Consulting Master
  • Licensed Condominium Manager
  • Licensed Building Management Supervisor
  • Certified Rental Housing Management Professional
  • Gyōseishoshi Lawyer (Administrative Scrivener)
  • Certified Personal Information Protection Officer
  • Class-A Fire Prevention Manager
  • Certified Auctioned Real Estate Specialist
  • Certified Condominium Maintenance Engineer
  • Licensed Moneylending Operations Supervisor