Buying a Home in Japan

What can you buy for $200,000 in Osaka?

In this installment of our series on “what can you buy” in cities throughout Japan, we head to Osaka, the unofficial capital of western Japan!

The average price of a re-sale apartment in central Osaka is about 33 million yen ($299,000), so when we are house hunting with a budget of about $200,000 (22 million yen), we are looking at a price point well below the average.

On Real Estate Japan, we currently list over 530 single-family homes, apartments, and whole apartment buildings for sale in Osaka Prefecture.

Below are just a few examples of what is currently available in the $200,000 listing price range.

3BR House in Kishiwada-shi, 40-km south of Osaka

3BR house for sale in Kishiwada-shi, about 40-km south of Osaka. Please click on the photo for the full listing, more photos, and to inquire directly to the agent.

Where: Kishiwada is located on Osaka Bay, about 40-km south of Osaka. The city of Kishiwada is known for its annual Kishiwada Danjiri Matsuri (“cart pulling”) festival, one of most famous in Japan.

Price: ¥21,480,000 ($195,000)

Size and Layout: 116.00 m² (1,249-sqft) 3LDK (3BR house)

Stories: 2 stories

Year Built: 2006

Notes: All western-style rooms. Well maintained property, with lots of storage space. About 30-min walk to the nearest station (Shimomatsu Station on the Hanwa line), so a car commute may be more practical.

The Kishiwada Danjiri Festival. Image: Wikimedia

Studio Apartment near Fukushima Stn: 1 stop from Osaka Stn

1K studio apartment for sale near Fukushima Stn, one stop from Osaka Stn. Please click on the photo for the full listing, more photos, and to inquire directly to the agent.

Where: 12-min walk from Fukushima Station on the Osaka Loop line, one stop from Osaka Station.

Price: ¥18,000,000 ($163,000)

Size and Layout: 24.36 m² (262-sqft) 1K  (Studio apartment)

Floor: 7th-story unit in 10-story building

Year Built: 2015

Notes: Excellent location, well-maintained unit. Currently occupied. Buy for yourself or as investment property.

4BR House near Hirano Station, easy commute to Tennoji

Floor plan of 4BR house for sale near Hirano Station on the Yamatoji line. Please click on the image for interior photos, the full listing, and to inquire directly to the agent.

Where: 11-min walk to Hirano Station on the Yamatoji line. Easy ride to Tennoji.

Price: ¥21,480,000 ($195,000)

Size and Layout: 100.48 m² (1,076-sqft) 4LDK (4BR bedroom)

Stories: 3 stories + loft

Year Built: 1998

Notes: Three-story townhouse with a loft and covered parking space. Three western-style bedrooms, one Japanese style. Currently occupied. Buy for yourself or as investment property.

Studio Apartment near Namba Station

Studio apartment for sale near Namba Station, Osaka. Please click on the image for the full listing and to inquire directly to the agent.

Where: Right in heart of Namba, 8-min walk from JR Namba station.

Price: ¥15,600,000 ($142,000)

Size and Layout: 23.25 m² (250-sqft) 1K  (Studio apartment)

Floor: 6th-story unit in 19-story building

Year Built: 2014

Notes: Excellent location right in Namba (8-min walk from JR Namba Station), southern Osaka’s entertainment and shopping center, home to Shinsaibashi and Dotonbori. Currently occupied. Buy for yourself or as investment property.

Dotonbori Ebisu bridge in Namba, Osaka. Photo: Wikimedia

New 3BR House for Sale in Settsu-shi, 15-km north of Osaka

New (2017) house for sale in Settsu-shi, about 15-km north of Osaka. Please click on the photo for interior photos, the full listing, and to inquire directly to the agent.

Where: The city of Settsu has a population of about 85,300, and is located 15-km north of Osaka.

Price: ¥23,900,000 ($217,000) — A little over the budget

Size and Layout: 84.33 m² (908-sqft) 3LDK (3BR bedroom)

Stories: 3 stories

Year Built: 2017

Notes: This listing just came online a few days ago. Excellent natural light, one parking space, all western-style rooms in this new (2017) home in an excellent location, with an easy commute to central Osaka.

FAQs About Buying a Home 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“.

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

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

What is the process for buying a home in Japan?

Please see our step-by-step guide: Guide to Buying a Home 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: Earthquake building codes and technology in Japan

Top Photo: View of the Osaka plan, looking towards Minoh