Well, here I am to tell you how easy it is.

Residency status is not needed and there are many real estate agents that cater towards foreigners looking to invest in the Japanese property market. That said however, without a work visa or permanent resident status, obtaining a loan can be difficult. But not impossible. Hence, foreign buyers typically opt to pay cash for this reason.

With an abundance of ageing homes in Japan, you will be sure to find one that you are able to renovate yourself in your desired prefecture. But, while it may be tempting to seize the opportunity and purchase a home remotely, I would highly recommend viewing the house in person. This way you will see the potential of the property you are building.

Japan’s ageing population and lack of employment opportunities in the countryside has contributed to the many abandoned and unused homes in the more rural areas of Japan. According to Japan’s Housing and Land Survey in 2018, there were 8.76 million unoccupied houses counted. And the number is set to increase. But, if we can remodel these old houses, their value will not decrease and we will be able to revitalise the countryside.

Unlike in other countries, these houses do not gain value over time. In fact, just the opposite is true. The value of the property is usually solely in the amount of land. Typically, the main house is the least valued asset on the land, being worth a couple of thousand dollars.

It is no secret that most ageing countryside homes have some flaws. And it pays to look for a property with an element of ‘buyer beware’. Consulting an agent in Japan or looking at Akiya & Inaka, can be extremely beneficial when looking to purchase property in the countryside.

Common complications for foreign buyers include securing a loan and navigating local regulations around individual properties. But with the right amount of consideration and research, you could own and restore your own home in Japan.

Sure enough, maintenance is required. And depending on the former occupants and the age of the house, this may mean a lot of work. But do not let that deter you from buying one of these properties. The feeling of revitalising such an old home is indescribable.

Taking advantage of the rural locations, investing in an ageing home is a great way to contribute to the restoration of Japan’s countryside.

With many exquisite countryside homes out there, your renovation dreams are bound to come true. With a bit of time and consideration, the home could easily be converted into a studio, a library, an office or even accommodation for guests. 

So why not take this opportunity? It is a small price to pay for a beautiful piece of history and a peaceful getaway in the countryside.