What you can buy for $200,000 in Japan’s Smaller Cities

Buyer interest in “for sale” properties on Real Estate Japan has been strong this month. Inquiries have been especially strong for properties located in Tokyo’s 23 wards and in secondary markets like Osaka, Aichi, and Sapporo.

As we noted in a recent post (What is the price of a new house in Tokyo?), the average price per square meter of a newly constructed house in the Tokyo 23 wards was ¥664,652 ($6,168). This was a year-on-year increase of 12.2%, with the average list price being ¥64,870,000, a year-on-year increase of 8.5%.

In this article, we give a few examples of single-family homes for sale in Japan’s smaller cities with a list price of ¥20,300,000 ($200,000) or much less. Scroll to the bottom of the article for answers to frequently asked questions about buying property in Japan as a foreigner.

Now let’s take a look at some examples, from new construction to traditional-style homes.

New (2017) 5BR house in Mito-shi, Ibaraki

New (2017) house for sale in Mito-shi, Ibaraki. Please click on the photo for the full listing and to inquire directly to the agent.

Where: Mito, the capital of Ibaraki prefecture located in the northern part of the Kanto plain, has a population of about 271,000. The lead photo shows the Plum Festival in Kairakuen (Garden) in Mito.

Price: ¥20,300,000 ($190,000)

Size and Layout: 5BR (5LDK), 109.30 m²

Floors: 2-stories

Year Built: 2017

Notes:  Corner lot in residential neighborhood, three parking spaces, 1.5 bathrooms

9BR Traditional-Style House in Fukuoka

9BR (10DK) traditional-style house for sale in Fukuoka. Please click on the photo for the full listing and to inquire directly to the agent.

Where: Fukuoka, the capital of Fukuoka Prefecture, is located on  the northern shore of Kyushu island. It’s known for ancient temples, beaches and its modern commercial center and has a population of 1.55 million.

Price: ¥20,000,000 ($187,000)

Size and Layout: 9BR (10DK), 326.55 m²

Floors: 2-stories

Year Built: 1983

Notes: Property is located in a secluded neighborhood. Traditional-style home with 8 Japanese-style rooms, 3-western-style rooms.

Newish (2016) 3BR house in Amagaseki, Hyogo

3BR modern-style home for sale in Amagaseki, Hyogo prefecture. Please click on the photo for the full listing, more photos, and to inquire directly to the agent.

Where: Amagasaki is an industrial city located 25-km east of Kobe in Hyogo prefecture. Its population is around 460,000.

Price: ¥19,980,000 ($187,000)

Size and Layout: 3BR (3LDK), 75.93 m²

Floors: 3-stories

Year Built: 2016

Notes: All western-style rooms, 1.5 bathrooms, a parking space

4BR+ house in Ito-shi, Shizuoka

Ito-shi, Shizuoka

View of the garden. The Japanese text says, “No other properties can be seen, except for the adjacent mansion (apartment) building.”. Please click on the photo for the full listing, more photos, and to inquire directly to the agent.

Where: Itō is a small city located on the eastern shore of the Izu Peninsula in Shizuoka Prefecture. It has a  population of about 68,500.

Price: ¥20,000,000 ($187,000)

Size and Layout: 4BR+ (4SLDK), 173.48 m²

Floors: 3-stories

Year Built: 2016

Notes: 4 Japanese-style rooms, western-style living room, 1 sun room, large closets

New (2017) 4BR House for Sale in Takamatsu-shi, Kagawa

New (2017) 4BR house for sale in Takamatsu-shi, Kagawa prefecture. Please click on the photo for the full listing, more photos, and to inquire directly to the agent.

Where: Takamatsu is a city located in central Kagawa prefecture on the island of Shikoku, and is the capital city of the prefectural government. It has a population of about 420,000.

Price: ¥19,800,000 ($185,000)

Size and Layout: 4BR+ (4SLDK), 65.05 m²

Floors: 2-stories

Year Built: 2017

Notes: 1 Japanese-style room, all other rooms are western style, 1.5 bathrooms

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