How much does it cost to buy a house in Japan? Latest house price data and hot topics inventory
In recent years, Japanese real estate has attracted the attention of global investors due to its high cost performance and stable return on investment. This article will analyze the current situation of Japan’s housing prices based on the hot topics on the Internet in the past 10 days, and provide structured data reference.
1. Comparison of housing prices in popular cities in Japan (latest data in 2023)
| City | Average apartment price (yen/㎡) | Average price of a single-family house (Japanese yen) | Popular areas |
|---|---|---|---|
| Tokyo | 1,200,000 | 60,000,000 | Minato City, Shinjuku City |
| Osaka | 800,000 | 40,000,000 | North District, Central District |
| Kyoto | 700,000 | 35,000,000 | Sakyo-ku, Nakakyo-ku |
| Fukuoka | 500,000 | 25,000,000 | Chuo-ku, Hakata-ku |
2. Recent hot topics in Japan’s real estate market
1.The Japanese yen exchange rate continues to fall: The current exchange rate of the Japanese yen is at a historical low, and the purchasing power of foreign investors has increased significantly, triggering a new round of home buying boom.
2.The Effect of Expo 2025 Osaka: The annual growth rate of real estate prices around Osaka has reached 8%, and some developers have launched "Expo concept houses" to attract investment.
3.Airbnb policies relaxed: The Japanese government plans to simplify the registration procedures for homestays, which is expected to stimulate demand for real estate in tourist areas.
3. Details of additional costs for buying a house in Japan
| Fee type | Rate | illustrate |
|---|---|---|
| agency fee | 3%+60,000 yen | Prices exceeding 4 million yen |
| registration tax | 2% | Land/Building Appraisal Price |
| stamp duty | 10,000-45,000 yen | Charges are tiered according to contract amount |
| fixed asset tax | 1.4% | annual collection |
4. Things to note when buying a house for foreigners
1.loan restrictions: Most banks require foreign home buyers to have a down payment ratio of no less than 30% and a long-term Japanese visa.
2.estate tax risk: Japan levies a high inheritance tax on global assets, with the highest tax rate reaching 55%. The asset structure needs to be planned in advance.
3.administrative costs
5. Forecast of Japanese real estate investment trends in 2023
1.Suburban real estate heats up: The popularity of remote working has driven up housing prices in areas one hour's drive from the city center, with significant increases in places such as Yokohama and Chiba.
2.Old apartment renovation: The government provides subsidies to encourage the renovation of old buildings, and some buildings built in the 1980s have received a premium of up to 20% after renovation.
3.Renewable energy packages: Houses equipped with solar power generation systems command a premium of 15-25%, becoming a new selling point.
Conclusion:The Japanese real estate market is currently in a value depression, especially for investors holding US dollars. However, it should be noted that legal policies and tax systems vary greatly in different regions. It is recommended to consult a professional lawyer and tax accountant before purchasing a house. Popular investment targets recently include B&B apartments in Osaka and small office buildings in Tokyo.
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