Where do foreigners want to buy homes in Tokyo? Here are the Top 5 Most Popular Stations

In this post, we present the Top 5 most popular stations for people searching for properties for sale on realestate.co.jp in 2019. The ranking below is based on an analysis of property listings in the Tokyo 23 Wards that people viewed and inquired about.

  • Can a foreigner buy property in Japan?
  • The rankings
  • Featured bilingual agents

First, let’s answer a basic (and very frequently asked!) question: Can a foreigner even buy property in Japan?

Can a foreigner buy property in Japan?

Yes. There are no legal restrictions on buying property in Japan for foreigners. Foreigners are only responsible for providing a written notification to the Bank of Japan within 20 days of purchase of real property.

There is no need to have citizenship or even a residence visa to buy a house in Japan. However, buying property in Japan does not entitle the purchaser to receive a Japan residence visa.

Where do foreigners want to buy homes in Tokyo?

  1. Omotesando
  2. Azabu Juban
  3. Meguro
  4. Hiroo
  5. Shibuya

#1 Omotesando

Sunny and spacious 3LDK (3BR) apartment offered for sale in Omotesando by Roof Top Realty . Please click on the photo to see other listings in Omotesando.

Why Omotesando?

Neighborhood Highlights

  • Omotesando is a trendy, upscale neighborhood very close to the sprawling urban center of Shibuya.
  • Well-known as a fashion capital of Tokyo, particularly for name-brand and luxury brands.
  • Omotesando Hills is a very modern shopping complex which is home to a wide variety of apparel and fashion brands.
  • Ura-Harajuku (narrow streets that exist between Harajuku and Omotesando) are hip, less traveled streets that offer a different side of urban style.
  • Plenty of cafes and restaurants in the area to choose from when meeting with friends.
  • Very attractive neighborhood for those looking for a stylish neighborhood close to English-friendly shops and services and near the headquarters of many global companies.

Learn more: Omotesando Area Guide

See current For Sale listings: Omotesando apartments

#2 Azabu Juban

3LDK (3BR) apartment currently listed for sale by Sumitomo Real Estate Sales. Please click on the image to see other properties listed For Sale in Azabu Juban.

Why Azabu Juban?

Home to numerous embassies, excellent public and international schools, quiet narrow streets, expat-dense, international influences vie with Edo-period appeal. Popular with expats and cosmopolitan Japanese alike, Azabu Juban is a family-friendly neighborhood that boasts top-class amenities.

Learn more: Azabu Juban Area Guide

See current For Sale listings: Azabu Juban apartments

#3 Meguro

Renovated 1LDK (1BR) apartment for sale in Meguro, listed by RE/MAX. Please click on the photo for all For Sale listings in Meguro.

Why Meguro?

Meguro is considered a very desirable residential neighborhood among both Japanese and non-Japanese. There are many luxury condominium buildings and single-family homes catering to high-end residents. Meguro is primarily known as a residential area that’s convenient for getting to bigger stations like Shibuya and Ebisu. But it’s distinctly calmer, quieter and far more livable than many other parts of the city. The neighborhood is famous for the gorgeous cherry blossoms that bloom along the Meguro River in the spring, an abundance of green space, designer boutiques, and an artsy, laid back atmosphere.

Learn more: Meguro Area Guide

See current For Sale listings: Meguro apartments

#4 Hiroo

Spacious 2LDK (2BR) apartment for sale in the Parkhouse Hiroo building, listed by PLAZA HOMES. Please click on the photo to see all For Sale properties in Hiroo.

Why Hiroo?

Hiroo is a wealthy neighborhood in Shibuya Ward, home to many international embassies. This gives it a unique international twist that is quite special in Tokyo. Ex-pat families enjoy the livability in the area for its many international schools and English-friendly shops and services.

Learn more: Hiroo Area Guide

See current For Sale listings: Hiroo apartments

#5 Shibuya

1LDK (1BR) apartment for sale in the upscale Dogenzaka area of Shibuya. This property is listed by BANC Company. Please click on the image to see all For Sale listings in Shibuya.

Why Shibuya?

Shibuya is everything to everyone. Every little neighborhood around the station has its own vibe. It runs the gamut from low-cost single-room studios to luxurious seven-bedroom manors. Street food to Michelin-starred gourmet dining. Back alley smoking areas to young, fashionable vape cafes. Mass market department stores to one-of-a-kind designer boutiques. It’s every aspect of Tokyo life distilled into one location.

Learn more: Shibuya Area Guide

See current For Sale listings: Shibuya Apartments

Featured Bilingual 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

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 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?

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.

Lead photo: Omotesando, iStock