What can you buy in Osaka 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 in Osaka at the below average price point of ¥16,000,000 ($148,000 USD) or much less.

To put this price point in context, the average sales price of a newly constructed apartment in Japan’s Kansai region hit ¥53,560,000 ($492,400) in April, the highest per unit sales price recorded since May 1992, when the average sales price reached ¥53,580,000 (after having fallen from a bubble era high of ¥82,400,000 reached in October 1991).

In April, the average sales price for an apartment sold in the city of Osaka was ¥61,740,000 ($562,000).

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!

Beautifully renovated 1R apartment near Mikuni Station

Listing price: ¥14,900,000 ($137,000 USD)

Location: Great location in

  • Mikuni Station (Hankyu Takarazuka Main Line)
    • 2 min. walk
  • Kanzakigawa Station (Hankyu Kōbe Main Line)
    • 13 min. walk

Property Highlights:

  • Bright, spacious, beautifully renovated 1R 40-sqm apartment
  • Built-in shelves and window-side study/office area
  • Many businesses near the station: supermarkets, coffee shops, bookstores, dentist offices, pharmacies, etc.
  • Please visit the full listing and inquire to the agent on the property detail page.

Please click on the image for the full listing and to inquire to the agent. Image: Real Estate Co., Ltd.

Please click on the image for the full listing and to inquire to the agent. Image: Real Estate Co., Ltd.

Please click on the image for the full listing and to inquire to the agent. Image: Real Estate Co., Ltd.

Please click on the image for the full listing and to inquire to the agent. Image: Real Estate Co., Ltd.

4LDK House in Higashi Sumiyoshi Ward

Listing price: ¥14,800,000 ($135,000 USD)

Location: 4-minute walk from Tobushijo Mae Station on the Yamatoji line. About 18-minute direct ride to Namba Station.

4LDK house for sale in Higashi Sumiyoshi Ward, Osaka. Please click on the photo for the full listing and to inquire to the agent! Image: ReMax Apex

Please click on the photo for the full listing and to inquire to the agent! Image: ReMax Apex

Floor plan. Please click on the photo for the full listing and to inquire to the agent! Image: ReMax Apex

Property Highlights:

  • Built of wood and reinforced concrete
  • 3-story, 75.37 m²house with one covered parking space
  • Interior partially renovated
  • Japanese and western-style rooms
  • Please visit the full listing and inquire to the agent on the property detail page.

1K apartment near Osakajo Kitazume Station – And the gorgeous cherry trees and riverside in Kema Sakuranomiya Park

Listing price: ¥14,300,000 ($131,000 USD)

Location: This well-maintained studio apartment is situated in an excellent central location in Nakano-cho, Miyakojima ward, Osaka. It is within walking distance of three stations:

  • Osakajou Kitazume Station (JR Tozai Line)
    • 7 min. walk
  • Kyobashi Station (Osaka Municipal Subway Nagahori Tsurumi-ryokuchi Line)
    • 7 min. walk
  • Sakura No Miya Station (Osaka Loop Line)
    • 8 min. walk

From the apartment it is about a 20-minute walk to Osaka Castle Park, a large urban park known for being one of the best hanami spots in the city. It also has spacious lawns, sports facilities, and a shrine dedicated to Toyotomi Hideyoshi, a daimyo of the late Sengoku period who completed the military unification of the country in the late 16th century.

About a five-minute walk from the property is another top hanami spot, Kema Sakuranomiya Park, a beautiful riverside park lined with cherry blossom trees. Year round, it is a great amenity to have nearby for the walking or jogging along the river.

Kyobashi Station (7-min walk from the apartment) is one of Osaka’s largest business districts. It is known for its shopping and nightlife, especially its numerous izakayas and tachinomi (standing bars). Please see more info here: Kyobashi Area Guide.

4th-floor 1K apartment for sale near Kyobashi Station in Miyakojima ward, Osaka. Please click on the photo for the full listing and to inquire to the agent. Image: Kurofune

Kema Sakuranomiya Park is a nearby riverside park known for its spectacular cherry blossom displays in the spring. Please click on the photo for the full listing and to inquire to the agent. Image: Kurofune

Property Highlights:

  • Built in 2015
  • 4th-floor (in 6-story building)
  • 23.00 m² 1K apartment
  • Currently tenanted with an estimated gross yield of 5.3%
  • Please visit the full listing and inquire to the agent on the property detail page.

5K house near Minami Kita Station — Listing price approx. $117,000

Listing price: ¥12,800,000 ($117,000 USD)

Location: Excellent location, near two stations, 8-min direct ride to Umeda Station.

  • Minamikata Station (Hankyu Kyoto Main Line)
    • 5 min. walk
  • Nishi Nakajima Nanpou Station (Osaka Municipal Subway Midosuji Line)
    • 5 min. walk

Property highlights

  • 82.00 m² 3-story house
  • Western and Japanese-style rooms

Please click on the image for the full listing and to inquire directly to the agent. Image: Kurofune

5K house for sale in Osaka. Please click on the image for the full listing and to inquire directly to the agent. Image: Kurofune

Renovated 3DK house near Kita Kagaya Station — Listing price approx. $108,000

Listing price: ¥11,800,000 ($108,000 USD)

Location: Great location, 16-minute direct ride to Namba Station.

  • Kita Kagaya Station (Osaka Municipal Subway Yotsubashi Line)
    • 3 min. walk

Property highlights

  • 64.17 m² 3-story 3DK house
  • Renovated kitchen, sink, shower, toilet and bathtub
  • One covered parking space
  • Please visit the full listing and inquire to the agent on the property detail page.

Please click on the image for the full listing and to inquire to the agent. Image: ReMax Apex

Please click on the image for the full listing and to inquire to the agent. Image: ReMax Apex

Please click on the image for the full listing and to inquire to the agent. Image: 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: Renovated apartment for sale in Osaka, image: Real Estate Co., Ltd.