What can you buy in Japan for $150,000 or less?

In this installment of the “what can you buy” series, by popular request, we take a look at what you can buy around Japan at the below average price point of ¥16,000,000 ($148,000 USD) or much less.

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 for sale in Hakone — Enjoy hot springs bathing in your home

Listing price: ¥14,800,000 ($138,000 USD)

Location: This spacious 93-sqm 2-bedroom home sits on 871-sqm of land in the Myojin Daira area of Hakone. It is located about a 23-minute drive from Hakone Yumoto Station.

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.

Property Highlights:

  • 93.32 m² (1,001-sqft) 2LDK (2-bedroom) 2-story house
  • Large wooden deck overlooking garden and trees
  • Hot springs water rights, requiring additional one-time and annual fees

The home features large windows and open spaces, with a garden overlooking the mountains to the south.

Fees associated with the property (which can be found here, in the full listing) include a “hot spring right,” which allows local hot springs water to be supplied directly to the bathing facilities in the home.

Spacious, open concept living room. Please click on the photo for the full listing and to get in touch with the agent! Photo: Tokyu Resort

Open concept living room with great natural light. Please click on the photo for the full listing and to get in touch with the agent! Photo: Tokyu Resort

Kitchen. Please click on the photo for the full listing and to get in touch with the agent! Photo: Tokyu Resort

Deck and garden. Please click on the photo for the full listing and to get in touch with the agent! Photo: Tokyu Resort

2DK apartment in Ikebukuro – Recently renovated, just 2 minutes from Ikebukuro Station

Listing price: ¥16,000,000 ($149,000 USD)

Location: 2-minute walk from Ikebukuro Station.

Ikebukuro is a major entertainment and shopping district anchoring northwestern Tokyo, of the city’s main transportation hubs and the second busiest train station in the world. See the full area guide here: Ikebukuro Area Guide

Property Highlights:

  • 33.94 m² (355-sqft) 2DK (2-rooms plus dining/kitchen) apartment
  • 5th-story unit in 6-story apartment building
  • Recently renvoated
  • Buy for yourself or as an investment property
  • Currently tenanted with an estimated gross yield of 7.5%

2DK apartment for sale in Ikebukuro. Please click on the photo for the full listing and to get in touch with the agent! Photo: Minami Aoyama Real Estate

A renovated kitchen is just one of the highlight features. Please click on the photo for the full listing and to get in touch with the agent! Photo: Minami Aoyama Real Estate

Bedroom with closet. Please click on the photo for the full listing and to get in touch with the agent! Photo: Minami Aoyama Real Estate

3LDK house for sale in Katsuura, Chiba — On the Boso Peninsula – Enjoy golf, surfing, and marine sports nearby

Listing price: ¥14,800,000 ($138,000 USD)

Location: 11-min by car to Katsuura Station on the JR Sotobo line

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

This home is located in the Tokyu Resort Town Katsuura development and is just 500-meters from Tokyu Katsuura Golf Course and is also easily accessible to Katsuura Central Beach, a popular family-friendly beach, which is also known for surfing and other marine sports.

Property Highlights

  • 3LDK (3-bedroom) 98-sqm 2-story house
  • All Western-style rooms
  • One parking space
  • Sunny, spacious rooms

3LDK house for sale in Katsuura, Chiba. Please click on the photo for the full listing and to get in touch with the agent! Photo: Tokyu Resort

View from the second floor. Please click on the photo for the full listing and to get in touch with the agent! Photo: Tokyu Resort

Living room. Please click on the photo for the full listing and to get in touch with the agent! Photo: Tokyu Resort

Deep soaking tub with jets. Please click on the photo for the full listing and to get in touch with the agent! Photo: Tokyu Resort

5SK house for sale in Kyoto — Renovated in December 2019, family-friendly neighborhood

Listing price: ¥15,900,000 ($148,000 USD)

Location: 14 min. walk from Uzumasa Kouryuji Station in Ukyo Ward.

Property Highlights

5SK house for sale in Kyoto. Please click on the photo for the full listing and to get in touch with the agent! Photo: Insight House

One of the three Japanese-style rooms in the home. There are also two Western-style bedrooms. Please click on the photo for the full listing and to get in touch with the agent! Photo: Insight House

Entryway (genkan). Please click on the photo for the full listing and to get in touch with the agent! Photo: Insight House

Kitchen. Please click on the photo for the full listing and to get in touch with the agent! Photo: Insight House

3LDK apartment for sale in Osaka — Sunny, spacious apartment just 4 stops to Osaka-Umeda Station

Listing price: ¥15,980,000 ($149,000 USD)

Location: 14 min. walk from Chibune Station on the Hanshin Main line in Nishiyodogawa Ward.

  • 4-stops direct to Osaka-Umeda Station
  • 33-minutes direct to Kobe-Sannomiya Station

Property Highlights

  • 60.21 m² 3LDK (3-bedroom) apartment
  • 10th-floor unit in 15-story building
  • Brand new kitchen, sink, floor, bathtub and wallpaper.

3LDK apartment for sale in Osaka. Please click on the photo for the full listing and to get in touch with the agent! Photo: ReMax Apex

Huge living/dining/kitchen area. Please click on the photo for the full listing and to get in touch with the agent! Photo: ReMax Apex

Living area with adjacent Western-style and Japanese-style bedrooms. Please click on the photo for the full listing and to get in touch with the agent! Photo: ReMax Apex

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?

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Lead photo: House for sale in Kyoto, image: Insight House