What can you buy for $110,000 or less in the greater Tokyo area?

In this installment of the “what can you buy” series, by popular request, we take a look at the greater Tokyo area, which includes the city of Tokyo, including the 23 Wards, western suburbs of Tokyo, and the surrounding prefectures of Chiba, Saitama, and Kanagawa.The target price point is ¥12 million (about $106,000 USD) or much less!

To put this price point in perspective, here are the actual sales prices of pre-owned detached houses in greater Tokyo for July 2021.

Pre-Owned Single Family Homes Average Sales Prices – July 2021 Source: REINS
Region July 2021 Average Sales Price JPY Approx Sales Price in USD
@ 1USD to 110JPY
v. July 2020
% Change
v. June 2021
% Change
Tokyo 82,140,000 746,727 10.5% 0.2%
Tokyo 23 Wards 89,720,000 815,636 9.7% -1.3%
Tokyo Western Suburbs 46,240,000 420,364 5.2% 7.6%
Saitama Prefecture 34,770,000 316,091 8.4% -0.5%
Chiba Prefecture 31,330,000 284,818 13.3% -4.8%
Kanagawa Prefecture 48,860,000 444,182 6.2% 5.3%
Yokohama and Kawasaki 54,930,000 499,364 7.0% 8.2%
Kanagawa Other 32,750,000 297,727 1.0% -6.6%

After the examples, we give answers to FAQs about buying property in Japan as a foreigner.

1LDK Apartment in Hakone — List price ¥5,500,000 ($49,000 USD), onsen (hot springs) facility in building

Beautiful mountain views, including Mt. Kintoki and Hakone Gairinzan, from the balcony from our featured 1LDK (1 bedroom) apartment for sale in the Sengokara area of Hakone. Please click on the photo for the full listing and to inquire directly to the agent. Image: Tokyu Resort

Listing price: ¥5,500,000 ($49,000 USD)

Location: Sengokuhara neighborhood of Hakone

Hakone is a mountainous town located in Fuji-Hakone-Izu National Park, about 87-km southwest of Tokyo and is known for its hot springs resorts (onsen) and views of the iconic volcano Mount Fuji. It is a popular day- and weekend-trip destination for Tokyo residents.

On Real Estate Japan, you can find a range of properties for sale in Hakone, from resort-style homes surrounded by nature, to apartments in condominium complexes closer to the center of town.

Property Highlights

Today, our featured property is located in the Famiel Villa Sengokuhara development, which is a two minute walk to the nearest bus stop, then 25 min. by bus to Hakone Yumoto Station.

  • 46.75 m² 1LDK 4th-floor unit in 6-story building
  • In-building onsen (hot springs) facilities
  • Western-style living room, Japanese-style tatami room (bedroom)
  • Please click on the images or here to see the property details.

Living room, image: Tokyu Resort

Japanese-style tatami room, image: Tokyu Resort

3LDK Apartment in Koshigaya-shi, Saitama — Convenient commute to northern Tokyo or use one of the bedrooms as a home office

Our featured property in Saitama is a 2nd-floor 3LDK apartment for sale in the lovely city of Koshigaya. Please click on the photo for the full listing and to inquire directly to the agent. Image: Add Value

Listing price: ¥9,300,000 ($82,000 USD)

Location: Koshigaya-shi, Saitama

About a 13-min walk from Koshigaya Station on the Tobu Skytree line.

  • About a 28-min direct ride to Kita Senju Station
    • Kita Senju is a major interchange station in northern Tokyo, with access to 5 lines:
    • JR East Joban line
    • Tobu Skytree line
    • Tokyo Metro Chiyoda line
    • Tokyo Metro Hibiya line
    • Tsukuba Express

Koshigaya Station is on the Toby Skytree line and is about a 28-minute direct ride to Google Maps screenshot

Property Highlights

Our featured property in Saitama:

  • 60.49 m² 3LDK (3-bedroom) 2nd-floor apartment in a 3-story building
  • Convenient commute to stations along the Tobu Skytree line and northern Tokyo
  • Two Western-style bedrooms, one Japanese-style tatami room
  • Please click on the images or here to see the property details.

Kitchen, image: Add Value

One of the bedrooms could be used as a home office, image: Add Value

3LDK House in Katsuura-shi, Chiba — Spacious home near golf course, tennis courts, water sports

Spacious 3LDK (3-bedroom) house for sale in the Tokyu Resort Town Katsuura West Hill development in Chiba. Please click on the photo for the full listing and to inquire directly to the agent. Image: Tokyu Resort

Listing price: ¥9,500,000 ($84,000 USD)

Location: Katsuura-shi, Chiba

Katsuura is a coastal city on Japan’s Boso Peninsula known for its fishing ports, where fish are unloaded and auctioned.

The property is in a great location for enjoying outdoor activities. It is a short drive to Moriya Beach and the Tokyu Golf Course is also nearby (about 800-meters) as well as an all-weather tennis court.

Property Highlights

  • 115.92 m² 3LDK (3-bedroom) two-story detached house
  • Excellent amenities nearby, including golf, tennis, and water sports
  • Two Western-style bedrooms, one Japanese-style tatami room
  • Please click on the images or here to see the property details.

Dining room, image: Tokyu Resort

Japanese-style tatami room can be used as a sitting room and/or bedroom, image: Tokyu Resort

Western-style bedroom, image: Tokyu Resort

1R Apartment in Musashino-shi — One stop from Kichijoji, 17-min direct ride to Shinjuku

Our featured apartment in western Tokyo is a 1R apartment near Mitaka Station on the JR Chuo-Sobu line. Please click on the image for the full listing and to inquire directly to the agent. Image: Minami Aoyama Real Estate

Listing price: ¥8,800,000 ($78,000 USD)

Location: Musashino-shi

About a 14-min walk from Mitaka Station on the JR Chuo-Sobu line, one stop from Kichijoji Station.

  • 14-min direct ride to Shinjuku Station

Property Highlights

  • 15.90 m² 2nd-floor 1R apartment
  • Currently tenanted with estimated gross yield of 7.5%
  • Very convenient neighborhood near Hosei University, Ghibli Museum, and Inokashira Park
  • Please click on the images or here to see the property details.

1R Apartment in Shinjuku – Currently tenanted with estimated gross yield of 6.1%

1R apartment for sale in Shinjuku, floor plan, image: Nihon Agent

Listing price: ¥11,800,000 ($105,000 USD)

Location: 6-min walk from Shinjuku Station on the Toei Oedo line

  • Excellent location in Shinjuku
  • 12-min walk from JR Shinjuku Station
  • 10-min walk from Shinsen-Shinjuku on the Keio New line

Property Highlights

  • 15.12 m² 2nd-floor 1R apartment
  • Currently tenanted with estimated gross yield of 6.1%
  • Excellent location in the heart of Shinjuku
  • Please click on the images or here to see the property details.

Featured Agents

All of the agents who list properties on realestate.co.jp are bilingual in Japanese and English. Some agents can also handle inquiries in Traditional Chinese, Simplified Chinese, and other languages. Please click on the links below to see their listings:

FAQs About Buying Property in Japan

Can a foreigner buy property in Japan?

Yes. You can buy property in Japan regardless of your nationality or country of origin. There are also no residency requirements for buying real estate in Japan. Securing financing as a resident foreigner is more complicated. For info on financing, please see Basic Requirements for Getting a Mortgage as a Foreigner in Japan

Seminars on Buying Property in Japan

Please see our seminar page for a current list of seminars on: how to buy a home in Japaninvesting in Japanese real estate for beginnershow to apply for permanent residency in Japanhow to sell property in Japan, and much more.

How do I get a property loan as a foreigner in Japan?

Please see this article for information on: Getting a property loan as a foreigner in Japan

What is the process for buying a property in Japan?

Please see our step-by-step guide: Guide to Buying Property in Japan

See how much you can borrow and your monthly payments in yen: Yen Mortgage Loan Calculator

For information about purchase and brokerage fees: Breakdown of real estate purchase fees and taxes in Japan

Need to know:

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Parking spaces in Japanese condominium buildings explained

Bilingual Real Estate Agent in Tokyo Answers Your FAQs on Buying and Managing an Investment Property

How much is my property worth?

Real Estate Japan is pleased to offer free, no obligation appraisals for owners of property in Japan. Please click here and fill out the form: How much is my property worth?

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Lead photo: Mt. Fuji sunrise as seen from Lake Tanuki, iStock 1190301307