Anyone can buy property or purchase a home in Japan. There are no formal limitations as to what you can buy, but securing a loan or mortgage could be a problem if you are not a long-term resident with proof of intention to stay in Japan or to become a permanent resident. If you can pay cash, or are able to secure a mortgage, then it’s fairly straightforward.

Property price (known as ‘land price’) is calculated taking the price of the land and adding on that of the building. Land prices fluctuate with the market and the government sets price indices. The average lifespan of a Japanese mortgage is 35 years, and buildings are typically torn down and rebuilt every 30 years so land is seen as a sound investment. New housing areas are constantly being developed so keep your eyes open and consult a qualified development agency if you’re keen to buy.