Reviving Japan’s Countryside:
How Foreign Investors are Transforming Vacant Houses
Are you an overseas investor or foreign national intrigued by the charm and allure of traditional Japanese homes?
If so, there is an exciting opportunity waiting for you.
As the appreciation for traditional Japanese architecture grows,
a promising trend is emerging that not only provides a unique investment opportunity
but also contributes to solving a significant societal issue in Japan – vacant houses.
Foreign buyers are increasingly attracted to these vacant, traditionally styled homes,
often located in the heart of Japan’s beautiful countryside.
Fueled by the rich cultural heritage encapsulated in these properties and a relatively lower cost
due to the weaker yen, this trend provides an opportunity for foreign investors to own a slice of authentic Japanese culture.
Akiya and Turning It into a Hotel?
Uncover the Legal Considerations
for Change of Use
If you’re mulling over the idea of buying an Akiya (unused house) in Japan
and converting it into a hotel, it’s crucial to familiarize yourself
with the legal considerations involved in modifying the property’s purpose.
In this blog post, we’ll highlight the primary aspects you need to
keep in mind before diving into this thrilling endeavor.
Stay up-to-date and optimize your investment by following our business
blog for more news and valuable insights.
Are you interested in Akiya ?
We receive an inquiry almost everyday about akiya investment.
They are mainly from western countries such as US, Canada and Australia.
Almost everyone just wants to buy a cheap akiya house for their financial benefit.
But akiya investment is not easy.
The stickiest issue is the renovation cost.
It could be very significant and a way more than the value of the houses.
We don’t search akiya for free.
If you want to buy akiya, you need to hire me on a fee basis
otherwise please contact other agents who can handle akiya on a commission basis.
(but I do not think there is any)
You need to understand how the Japanese system works and the traps and
challenges that exist.
Akiya (unused house) is cheap for a reason !
Please watch my YouTube video for more details.
Truth to be told.
1 in 7 homes across the country is empty.
Around 5 million of Japan’s vacant homes are intended for future sale or rental.
The phenomenon is a function of a declining population and the continued pace of housing construction.
Despite being the world’s third-largest economy, Japan’s population has been shrinking since 2010.
The population is also getting older.
A new survey shows the problem is far greater than expected.
The government recently announced the new survey result about akiya (unused house)
According to the Housing and Land Statistics Survey in October 2018 announced by the Ministry of Land, Infrastructure, Transport and Tourism, the ratio of akiya (unused house) to the total number of dwellings in the country was a record high of 13.6%
,meaning 1 in 7 homes across the country is empty.
A relaxing, open plan space where each person can find their own way to chill out ?
Why don’t you try Niigata ?
Niigata prefecture is renowned for beautiful mountains and skiing resorts.
In addition, since Niigata is a major production center for high quality rice, Niigata boasts many Japanese sake brands.
If you take Niigata shinkansen(bullet train) from Tokyo station, it takes only 80 mins to Echigo-yuzawa station.
From Echigo-yuzawa station, you can reach a number of delightful skiing resorts within one hour.
（Hakuba-dake in Nagano)
Do you want to get a taste of traditional Japanese country life where you can reach a gorgeous ski resort in 10 mins ?
There are more than eight million vacant properties(it is called akiya in Japanese) in Japan and the number of akiya is increasing. Recently we have received a number of inquiries from all over the world from people who want to buy akiya. In fact, searching akiya is not as easy as you might think because majority of akiya is not widely listed. You can find only a friction percentage of akiya online.
Today we pick up a few sample akiya properties in good spots in Japan.
1 Kyoto prefecture (one and half hours from Kyoto city center)
2 Chiba prefecture (close to the beautiful ocean)
3 Nagano prefecture (10 mins to a ski resort)
Interested in high-performance Akiya (空き家, unused house or abandoned house) investment in Japan ?
Here are what you should know. If you are considering buying a akiya house, you need to know the basic knowledge of akiya investment.
There are lots of things you should know about before ever considering purchasing akiya property.
It is in your best interest to educate yourself about akiya to avoid getting into a situation that you regret.
Buying akiya can be quite useful and comfortable, but only if they are properly searched and if you share the same goals with your agent.Some investors find out akiya investment where they have purchased is not what they expected. In many cases, you’ll be disappointed to find out that the renovation cost of akiya is very expensive. There are a few options in akiya investment.But before I get into details, I want to warn you that I can’t teach you how to get rich overnight by akiya investment or find you a dream
akiya house for free near the ocean in Tokyo area. Unfortunately no house is free in Japan.