What can you buy in greater Tokyo for $105,000 or Less?

In this installment of the “what can you buy” series, by popular request, we take a look at what you can buy in the greater Tokyo at the far below average price point of ¥11,000,000 ($105,000 USD) or much less. Greater Tokyo consists of the city of Tokyo and the surrounding prefectures of Chiba, Saitama, and Kanagawa.

To put this price point in perspective:

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

Let’s look at a few examples of what’s currently on the market.

2LDK House in Hakone — An affordable home in one of Japan’s premiere hot springs resort towns

Listing Price: ¥10,500,000 ($101,000 USD)

Location: This property is located in the Tokyu Hakone Sengokubara Resort area. It is a 12 min-walk to the nearest bus stop, then 23 minutes by bus to Hakoneyumoto Station Hakone Tozan Line.

This home is located in the Tokyu Hakone Sengokubara Resort area. Image: Screenshot of Google Map

Hakone, a mountainous town located in Fuji-Hakone-Izu National Park, about 87-km southwest of Tokyo, 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.

Property Highlights

This 58-sqm (624-sqft) 2-bedroom house faces southeast where you can enjoy an unobstructed view of the surrounding trees throughout the year. A sloped ceiling also brings a sense of openness into the home, and the LDK (living/dining/kitchen) area features a kotatsu (traditional low wooden table with a heating source) built right into the floor of the Japanese-style room.

2LDK house for sale in Hakone. Please click on the photo for the full listing and fill out the inquiry form on the property detail page to contact the agent!

View from the balcony. Please click on the photo for the full listing and fill out the inquiry form on the property detail page to contact the agent!

3LDK Semi-Detached House in Yokohama

Listing Price: ¥10,800,000 ($104,000 USD)

Location: 12-min walk from Gumyoji Station on the Keikyu Main line in Minami Ward, Yokohama.

  • 8-min direct ride to Yokohama Station
  • 31-min direct ride to Shinagawa
  • 45-min ride to Shibuya with one transfer

Gumyoji is a family-friendly neighborhood with a supermarket, park, public school, and police station. Easy commute to major stations in Tokyo and Kanagawa.

Please click here to see a 3D virtual tour of this home!

3LDK semi-detached house for sale in Yokohama. Family-friendly neighborhood near Gumyoji Station on the Keikyu Main line, 7-min direct ride to Yokohama Station by express. Please click on the photo for the full listing and fill out the inquiry form on the property detail page to contact the agent!

Property Highlights:

  • 71.73 m² 3LDK (3-bedroom) semi-detached house
  • Two stories
  • All western-style rooms
  • Built in 1988

Please click on the photo for the full listing and fill out the inquiry form on the property detail page to contact the agent.

4LDK House in Togane Chiba – Small town living, about 60-km east of Tokyo — List Price ¥7,900,000

Listing Price: ¥7,900,000 ($76,000 USD)

Location: This home is located in the city of Togane (population 57,800), a small city located on the central eastern area of Chiba prefecture, about 60-km from Togane. From the nearest station (Togane Station on the JR Togane line) it is about a one hour 20-minute commute to Tokyo Station.

Property Highlights

  • 4LDK (4BR) 112.61 m² (1,205-sqft) house on a corner lot
  • Two Japanese-style bedrooms, two western-style; toilets on both floors; plenty of storage space
  • 2nd-floor veranda

4LDK house for sale in Togane, Chiba. Please click on the photo for the full listing and fill out the inquiry form on the property detail page to contact the agent!

3DK Apartment in Tokorozawa Saitama — Excellent Value

Listing Price: ¥8,300,000 ($79,900 USD)

Location: 10-min walk from Shin-Tokorozawa Station on the Seibu Shinjuku line in the city of Tokorozawa, Saitama prefecture. About a 41-minute direct ride to Seibu Shinjuku Station.

Like Chiba, Saitama prefecture is popular with people working in Tokyo who want more space and value and are ok with the commuting trade-off; but as more and more of us are working from home, there may no longer be a trade-off involved in living outside Tokyo!

Property Highlights

  • 42.30 m² 3DK (3 rooms plus dining/kitchen area)
  • Western-style DK area, plus 2 Western-style rooms and 1 Japanese-style room

3DK apartment for sale in Tokorozawa, Saitama. Please click on the photo for the full listing and fill out the inquiry form on the property detail page to contact the agent!

DK area of apartment. Please click on the photo for the full listing and fill out the inquiry form on the property detail page to contact the agent!

1LDK Apartment in Yokosuka — Enjoy beautiful views of Sagami Bay right from the living room!

Listing Price: ¥9,800,000 ($94,400 USD)

Location: 30-minutes by bus to Zushi Station on the JR Yokosuka line in the city of Yokosuka, Kanagawa. Yokosuka is a city in Kanagawa prefecture most well known for being home to the U.S. 7th Fleet.

Property Highlights

  • Built in 1975
  • This 3rd-floor apartment offers beautiful views of Sagami Bay right from the living room!
  • Main room is Western-style, bedroom is Japanese-style

Please click on the photo for the full listing and fill out the inquiry form on the property detail page to contact the agent!

Please click on the photo for the full listing and fill out the inquiry form on the property detail page to contact the agent!

Please click on the photo for the full listing and fill out the inquiry form on the property detail page to contact the agent!

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: Earthquake building codes and technology in Japan

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?

7 situations when you should consider selling your investment property in Japan

What are the main factors affecting home sale prices in Japan in 2019?

2021 homebuyer incentives in Japan

Homeowners in Japan can expect lower property taxes in 2021

Tokyo Apartment Market Forecast: Trends to watch for in 2021

Kansai Apartment Market Forecast: Supply and price trends to watch for in 2021


Lead photo: House for sale in Kanagawa, image by the listing agent Minami Aoyama Real Estate Co. Ltd.