Japan's booming real estate market, bolstered by events like the Osaka Expo and a thriving tourism industry, offers lucrative opportunities for foreign buyers. With careful planning and local expertise, investors can successfully establish a second home.
Japan's real estate market is experiencing significant growth, presenting a promising opportunity for foreign buyers seeking a second home. In 2024, land prices rose by 2.7%, marking the fastest increase in 34 years, driven by steady economic growth and a surge in inbound tourism.
The upcoming 2025 World Expo in Osaka is set to further enhance Japan's global appeal. The city is undergoing substantial urban renewal projects, including the Grand Green Osaka, transforming old freight terminals into green public spaces. Additionally, luxury hotels like the Four Seasons and Waldorf Astoria have recently opened, boosting Osaka's infrastructure and tourism potential.
For foreign investors, Japan offers several advantages:
No Ownership Restrictions: Foreigners can own land and property in Japan without special taxes or restrictions.
Stable Market with High Rental Demand: Major cities like Tokyo, Osaka, and Kyoto have strong rental markets, ensuring steady income for property owners.
Potential for Appreciation: Properties in prime locations have shown significant appreciation over time, making them attractive for long-term investment.
go-nagano.netGuidelines for Foreigners Buying a Home in Japan
Foreigners can fully own real estate in Japan — including land and buildings — without needing Japanese citizenship or residency. However, there are important steps and tips to follow:
1. No Ownership Restrictions
Japan does not restrict foreign nationals from purchasing real estate.
You do not need a visa or residence status to buy property.
2. Cash Purchase Is Common
Most Japanese banks do not offer home loans to non-residents.
Be prepared to pay in cash or secure financing from overseas.
Some international-friendly banks or mortgage brokers in Japan may help if you have permanent residency or a high income.
3. Work with a Licensed Real Estate Agent
Choose an agent who speaks English and is experienced with foreign clients.
They can help navigate property laws, contracts, and negotiations.
Websites like realestate.co.jp or Sugee Housing offer bilingual listings.
4. Understand the Costs Involved
Typical extra costs include:
Agent fees: 3% of the property price + ¥60,000 (standard)
Registration & licensing tax: 0.1–2%
Judicial scrivener fees
Fixed asset tax: Annual property tax (varies by location)
Add approx. 6–10% extra on top of the purchase price to cover all fees.
5. Consider Property Management
If you don’t live in Japan full-time, hire a property manager to handle maintenance, tenant communication, or vacation rentals.
This is especially useful in resort towns like Okinawa, Niseko, or Nagano.
6. Be Aware of Natural Disasters
Earthquakes, typhoons, and floods are a reality in many regions.
Check hazard maps for your area and ensure the property is earthquake-resistant and properly insured.
7. Visa Implications
Buying a property in Japan does not grant you residency or a visa.
If you plan to live in the house long-term, explore visa options separately (e.g., work visa, business manager visa, retirement stays through long-term tourist arrangements).
As Japan's regional cities enjoy a post-pandemic tourism boom, more foreigners are looking beyond Tokyo to invest in second homes across the country. With no legal restrictions on foreign ownership, a diverse range of locations, and affordable housing prices in many areas, Japan offers a unique opportunity for those seeking vacation homes, investment properties, or future retirement getaways.
As Japan experiences a surge in tourism and a growing international spotlight post-pandemic, many foreigners are now exploring the idea of owning a second home in the country. From snowy ski towns to tropical beaches, Japan offers diverse lifestyle options — all with no legal restrictions on foreign ownership.
Whether you're looking for a peaceful countryside escape, a vacation base, or a long-term investment, here are the top regions that strike the perfect balance between affordability, livability, and charm.
Here are some great places in Japan where foreigners can buy a second home with a balance of reasonable pricing, good neighborhoods, and livability:
FUKUOKA (Kyushu Island)– Coastal Comfort Meets Urban Energy
A rising star for digital nomads and remote workers, Fukuoka blends modern city life with a relaxed coastal vibe. Popular areas like Hakata and Momochi offer modern apartments and detached homes at prices far lower than Tokyo. It's international-friendly and ideal for long-term living or frequent visits.
Why it's great: One of Japan's most livable cities with a laid-back vibe, excellent food, and growing international community.
Best for: Remote workers, digital nomads, young families, startup founders, retirees.
Bonus: Well-connected by air and rail; less earthquake-prone.
Types of housing: Modern apartments, detached homes, and some renovated machiya-style (traditional townhouses).
Popular areas: Hakata (urban & convenient), Tenjin (shopping/entertainment), and Momochi (modern waterfront area).
Price range: Cheaper than Tokyo or Osaka
Apartments from ¥20–30 million (~USD $130,000–$200,000).
2LDK (2-bedroom) apartment: ¥25–40 million (~USD $165,000–$260,000)
Detached homes: ¥30–50 million (~USD $200,000–$330,000)
Lifestyle: Lively food scene, beaches nearby, relaxed city vibe.
Foreign appeal: Growing international community, good English support, Fukuoka is welcoming to startups and remote workers.
Investment angle: Fukuoka is booming in tech and tourism, ideal for rentals or future resale.
snowmonkeyresortsNAGANO (Central Honshu)– Mountain Homes & Ski Chalets
Known for its natural beauty and ski resorts, Nagano is a four-season destination perfect for those wanting a retreat close to Tokyo. Karuizawa and Nozawa Onsen are top picks for upscale chalets and traditional homes.
Why it's great: Beautiful mountain views, skiing in winter, hiking in summer.
Best for: Ski lovers, retirees, investors in vacation rentals, nature lovers, those wanting a quiet countryside escape.
Bonus: Only 90 minutes from Tokyo by Shinkansen.
Types of housing: Country homes (kominka), ski chalets, small villas.
Think turquoise waters, white sand beaches, and a laid-back lifestyle. With a strong U.S. expat presence and growing international interest, Okinawa is a favorite among foreign buyers. Popular spots include Chatan and Onna Village.
Why it's great: Tropical climate, beach lifestyle, large U.S. expat community.
· Best for: Beach lovers, retirees, Airbnb hosts
Good for: Retirees, remote workers, beach lovers.
Bonus: Foreigners feel more at home here due to the island's international atmosphere.
Types of housing: Beachside condos, detached island villas, resort-style homes.
Popular areas: Naha (capital city), Chatan (expat-heavy), Onna Village (luxury beachfront).
Price range:
Beachside condos from ¥25–40 million (~USD $165,000–$260,000).
Villas: ¥40–70 million (~USD $260,000–$460,000)
Lifestyle: Tropical island living, beaches, diving, and U.S. military presence.
Foreign appeal: One of the most foreigner-friendly areas in Japan.
Investment angle: Popular for Airbnb-style rentals and long-term leases to U.S. military families.
e-architectCHIBA (Greater Tokyo Area) – Suburban Serenity Close to Tokyo
Just outside Tokyo, Chiba offers quiet neighborhoods, international schools, and family-friendly homes — all at more reasonable prices than the capital. It’s ideal for those who want city access without the city stress.
Why it's great: Quieter suburban life but still within commuting distance of Tokyo.
Best for: Families, Tokyo commuters, long-term residents who want access to Tokyo without paying Tokyo prices.
Bonus: Close to Narita Airport.
Types of housing: Suburban family homes, small apartments, townhouses.
Popular areas: Ichikawa (close to Tokyo), Kashiwa (commuter town), Makuhari (modern).
Price range:
Houses: ¥25–40 million (~USD $165,000–$260,000)
Apartments: ¥20–35 million (~USD $130,000–$230,000)
Lifestyle: Quiet suburbs, access to Tokyo in under an hour, great for families.
Foreign appeal: Many international schools and bilingual services.
Investment angle: Consistent rental demand due to proximity to Tokyo; great for long-term stability.
Hiroshima blends a peaceful, welcoming atmosphere with rich cultural heritage. The city is walkable, green, and affordable. It’s a great second-home choice for those seeking calm and community.
Why it's great: Rich history, peaceful city, modern amenities, low living costs.
Best for: Culture seekers, solo expats, creative professionals, history lovers, peace-seekers, city living without big-city stress.
Bonus: Lots of scenic spots nearby like Miyajima Island.
Types of housing: Modern apartments, traditional homes, newly built condos.
With mild summers and snowy winters, Sapporo is a favorite for foodies and snow lovers alike. It's also the gateway to world-renowned ski towns like Niseko.
Why it's great: Cool summers, snowy winters, great food, lots of space.
Best for: Winter sports fans, food lovers, seasonal rentals, snow lovers, investors looking at winter tourism.
Bonus: Host of the famous Snow Festival; developing ski resorts nearby.
Types of housing: Ski-area condos, city apartments, suburban homes.
Tucked away on Shikoku Island, these prefectures offer stunning inland sea views, relaxed living, and extremely affordable prices. Artists and retirees are drawn to towns near Naoshima and Dogo Onsen.
Why it's great: Hidden gem regions with beautiful inland sea views and slow lifestyle.
Best for: Budget buyers, slow-living seekers, artists, remote workers, second home seekers on a budget.
Bonus: Japan's “art islands” like Naoshima are nearby.
Types of housing: Traditional countryside homes (kominka), small villas, artist-style studios.
Traditional homes and villas from ¥5–15 million (~USD $35,000–$100,000).
Country homes: ¥5–15 million (~USD $35,000–$100,000)
Restored villas: ¥15–25 million (~USD $100,000–$165,000)
Lifestyle: Quiet, local culture, great for art lovers, hot springs, and coastal living.
Foreign appeal: Off the beaten path, peaceful, supportive expat/creative community.
Investment angle: Ideal for slow living or conversion into guesthouses or artist retreats.
Tips for Foreign Buyers:
Look for areas with:
Access to hospitals, groceries, and train stations
Low disaster risk (check for flooding or landslide zones)
A welcoming expat community or at least bilingual services
Use platforms like realestate.co.jp or housing.sugee.jp Sugee Housing to explore listings.
Why Now Is a Good Time
With the weak yen, rising tourism, and demand for unique rental experiences, now is a smart time to explore second-home opportunities in Japan. Whether you're planning for investment, future retirement, or seasonal escapes, these regions offer excellent long-term value and lifestyle perks.
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