Do you have any questions regarding Akiya or how the Akiya banks work? Leave a comment below and I may be able to do another quick video to answer the frequently asked questions.
I have a question. Could you buy one of these really cheap unlivable house, have it torn down and then rebuild a new house in its spot? Or would that be a complicated process? If you could just knock it down and build a new house, then free land is actually pretty cool.
@@chromberries7329 You can tear down the house most of the time. Whether or not you can build something new on the land will depend on the location. For example, if it's a land inside an alley then most likely you cannot build a new home. The cost to take down the house & dispose of all the materials is quite costly though... for a 100sqm 2 storey house it'll probably cost around 1.5~2 mil yen.
Is there any sort of extra payment after you have purchased a house. Any additional costs? Also is it easier to get VIsa to live there permanently if you own a property like this? Let's say I want to know everything in process to buying a house like this, what kind of organizations are out there to contact and ask all my questions? How much do people get paid for a basic job in these areas approximately?
If someone buys one of these houses and moves in, is there a risk that the population will decline until the local infrastructure shuts down on them? I'm thinking things like the local grocery store, train station, and emergency services?
That's one of the most important factors to consider when buying these cheap houses in rural areas. I'm not for buying houses in the mountains or anything too far away from the city. Small but compact town close to nature & train stations is something I feel that has more potential. Places like that is less likely of becoming a ghost town in the future.
Esperanto was developed as a supposed universal language. To me, it sounds a lot like Spanish based. Very few speakers worldwide. I'm not one of them, but have a sister who speaks it. This is very informative and interesting. Thanks for posting.
Growing up in Mexico Country side where there is no internet... malls etc... I could def live in the country side of Japan where its isolated... Id feel right at home. I guess there was a reason I grew up in the country for a reason... I have now found my reason in life.. Japan here I come!!! :D I Can def do that farm life in Japan Np...
Some rural area of Japan you still have high-speed internet and convenient stores opening 24-7...I guess when one gets used to this level of comfort it's hard to adjust to life outside of Japan.... rural Japan awaits you!
the only problem with these homes is that they are on tiny lots with almost no space for gardening so you must buy food year round from the stores. are there any situations of homes on large pieces of property so you can do gardening and feed yourself and your family?
Most of these houses, even in rural Japan, have fairly good access to a train or at least a bus station. Getting a working visa status in rural Japan won't be easy though for a foreigner...best way is to start a company of your own.
It's definitely possible. Using the Akiya banks may get you the cheaper houses but the process will be a pain if you don't live in Japan & do not speak the language. Properties outside the Akiya banks (eg athome) will be a lot easier to purchase.
For that prices wherre are the small leters or what does it hidden behind the price? In my country usually that kind of offers are scams. I don't belive it!
How do I go about paying as a foreigner can it be paid over the phone or will I have to go there and pay it cash it’s very frustrating lol and are the phone numbers on they’re site legit
The site I shared in the video is not a real estate company but just a site sharing cheap properties (under 5mil yen) listed on the Akiya bank pages of each city, so there's really no point calling whoever running the site. You can buy them as foreigners of course but the hurdle is the requirement to actually move there & live.
@@GoodOldHousesJapan okay I can live there but I’m still not understanding how can I purchase a house there if there’s no real contact information to make a purchase if you can share to me the information that I need to make a purchase I would really appreciate it thanks
@@notnow1825 The buyer would need to contact each city to view & purchase the properties under the city's Akiya bank. This is what a city's Akiya bank page looks like. gosecity-akiyabank.com/inquiry/ It's not easy for buyers outside of Japan for many reasons but the main one being that everything will need to be communicated in Japanese (as Akiya bank is NOT something tailored specifically for foreigners). And yes in the end the buyer would need to be in Japan to make the purchase.
Definitely. For some smaller houses where the owner lived until recent years, 50k could be enough. Generally speaking for houses that were vacant for 20-30 years it'll be good to at least prepare 100k usd for renovation.
house for free is one thing but then u actually have to keep it and maintain it. there are media like water, electricity, heating etc. apart from obvious land fee or property fee. these properties had their pipes unused for decades so the installations in these buildings as as bad as they can be. probably u would have to replace most of them. the fact that u cannot stay there without the visa for longer than 90 days also doesn't help. it's a clever move from japanese government to fix the problem which instead they would have to deal with (at some point these buildings will be a threat that they can collapse and i assume japan has it's laws that the prefecture or some other official institution is obligated to demolish/dismantle a building regarding this threat).
Awesome video, Sir please post some job offers in Japan especially for foreigners like me, I'm a Filipino by the way, I love living in Japan, I really enjoyed a lot of videos pertaining to japan
Esperanto is a manufactured language based on English, German and Romance languages. It was designed to unite the world with a lingua franca to prevent war.
Great video man! I’ll definitely be checking out Akiya Sumai. Do most akiya have a condition where the buyer must live in the house for a certain amount of time?
Akiya is just a general term for abandoned houses. The properties listed on the "Akiya banks" of each city usually require the buyer to relocate to the city sometime after purchasing, if not immediately. How many years you need to live there depends again on the city. You can still find cheap properties (although not that many) on commercial real estate sites and those ones don't require you to move or live there.
@@7summerbeauty Hi Sio, most of the houses you find on commercial real estate sites (athome, suumo, etc) should be okay to buy without the need to move.
Hi Anna, this article has all the taxes listed out. tokyocheapo.com/living/akiya-vacant-houses-in-the-japanese-countryside-for-a-steal/ Akiya is just a general & very vague term for old houses for sale. There are akiya houses listed for over $100k USD and they tend to be in more convenient locations without much need to fix. In the end, you get what you pay for.
great video, do you know if they have any houses near or around a hard off store, the reason why am asking is because I want to work at a hard off store thats near the house am going to buy, and do you know if they can have a vending machine placed just right out side of the house 🏠, any info or advice is appreciated 😀 😉 👍
Thank you for the comments. Finding a house close to a hard off store & vending machine shouldn't be too hard with Google map! That's what I use anyway...
@@TheBillaro a hard off store is were you can buy second hand items like: video games, tvs, any item that you can get for cheap, it is a budget friendly place to shop, hope this info helped 👍 😀
For Akiya banks it's literally impossible for foreigners living overseas to buy. That said, you can still find relatively cheap kominka or machiya houses on commercial real estate sites like athome. Whether or not you can finish the purchase without visiting Japan depends on the local agent.
Free for the property itself plus a bunch of fees. Still doesn't add up to that much but the cost to fix up the house would be a few mil yen for most cases.
@@nikkisy5769 The reason is their population decline. What's happening is that Japanese aren't having enough children to replace the current population. On top of that, the younger generation are moving away from these small towns to the big cities to get better educated/higher paying jobs. Then when the older folks pass away, no one's there to move in or buy the house, so the houses just sit there and rot - which looks terrible and reduces the value of other houses nearby. The city figures if they give away the houses for free, they can tempt people to move in. It's better than letting the houses be abandoned and fall apart, at least. Kind of sad.
@@GoodOldHousesJapan hello sir I am living in korea now, I wanted to ask you if I can buy a house there in masuda knowing that I will repair and fix everything gradually, and if there is a way to contact you by mail or any kind of social networking because I am really interested Thank you for everything
@@frankokorea1884 Hi Franko, you can reach me at fumi.wen88@gmail.com. Generally speaking, you need to be able to have a working VISA in japan in order to buy the house and then live in it. Without a working VISA, the most you can do is visit as a tourist and stay for a maximum of 3 or 6 month per year (depends on what passport you are using). Most Akiya banks do not sell to buyers who cannot relocate to the city.
I would really love to live in Japan and I prefer a older house/farmhouse but Japan doesn’t just give citizenship to American citizens. It would be really hard to get even permanent residence there, so why would I buy a property there? Someone tell me if I marry a guy that I would get permanent residence ? Well, I would like is to find a guy in his 30’s or 50s he can even have children since I can’t have any because I am transgender. Maybe I should marry a really old man in his 70s.? that’s how bad I want to move to Japan so beautiful there in the country side.