Top 5 places where foreigners are looking to buy homes in Japan, outside Tokyo – July 2021
This month on Real Estate Japan, we’re continuing to see an uptrend in inquiries for For Sale properties throughout the country. The majority of buyer interest is focused on Tokyo, but there is also strong buyer interest in regional cities. This... More
So you’ve bought an akiya vacant house in Japan and want to walk away from it
This article is part of our series on buying a vacant home in Japan, and deals with an issue that comes up more often that you might think in the real estate industry: buyer’s remorse. As part of our popular real... More
Akiya Banks in Japan – Links to Vacant House Databases by Prefecture
Akiya banks are databases of vacant or abandoned homes in Japan where owners and local governments can list properties for sale and buyers can search for vacant homes to buy. The two main nationwide akiya banks (空き家バンク) are operated by... More
Average Price of a Pre-Owned Apartment in Greater Tokyo Reaches a Record High
The average listing price of a pre-owned condominium in the greater Tokyo area rose 10.1% year-on-year to reach ¥40,440,000 ($366,000) in May, a record high. This is according to Tokyo Kantei’s June nationwide pre-owned apartment market report. The May figure... More
Average Sales Price of a New Apartment in Tokyo Falls for the First Time in 3 Months
The average sales price of a newly constructed apartment in greater Tokyo fell year-on-year for the first time in three months to ¥69,340,000 ($627,000 USD), dragged down by an 11.4% drop in the average sales prices of condominiums sold in... More
How much does it cost to renovate an akiya [vacant home] in Japan?
The issue of abandoned homes, or akiya, in Japan is well known. In recent months, you may have come across articles in foreign media saying that Japan’s small towns are practically giving away abandoned homes in an attempt to get... More
Top 5 places where foreigners are looking to buy homes in Japan, outside Tokyo – June 2021
This month on Real Estate Japan, we’ve seen a significant uptick in inquiries for For Sale properties throughout the country. The majority of buyer interest is focused on Tokyo, but there was also a noticeable increase in inquiries to other... More