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    • Spring
      • Nature and History in Shonai

        One of Tohoku’s six prefectures is Yamagata, located just north of Niigata Prefecture along the coast. It's a hidden gem for travelers in search of authentic cultural experiences and outdoor activities.

        Into the Mystic

        While you probably won’t encounter an elusive river sprite in the highlands of the Northern Japan Alps, you may feel a bit lightheaded from the refreshing thin air, remarkable vistas and mystical aura of the mountains and valleys in Kamikochi.
        video

        Niseko Untapped

        Niseko draws th...
    • Summer
      • Return to Palau

        I am sitting in...
        A glass of beer from Kyoto Brewing

        Kampai! in Kansai

        Kansai has been...

        Nature and History in Shonai

        One of Tohoku’s six prefectures is Yamagata, located just north of Niigata Prefecture along the coast. It's a hidden gem for travelers in search of authentic cultural experiences and outdoor activities.
    • Autumn
      • Nature and History in Shonai

        One of Tohoku’s six prefectures is Yamagata, located just north of Niigata Prefecture along the coast. It's a hidden gem for travelers in search of authentic cultural experiences and outdoor activities.
    • Winter
      • video

        Mad About Pow

        A powder pocket...

        Nature and History in Shonai

        One of Tohoku’s six prefectures is Yamagata, located just north of Niigata Prefecture along the coast. It's a hidden gem for travelers in search of authentic cultural experiences and outdoor activities.
        video

        Shuzenji Sanctuary

        Nestled in the ...
    • Near Tokyo
      • Air it Out

        There is no bet...

        Ark Hills Marche

        Tucked away in ...

        Music Festival Guide 2018

        Warmer months mean awesome music festivals in Japan. Check out our favorite music festivals!

        Summer Runs, Races & Tours

        Trail running is a great way to explore the beautiful nature of a country while getting away from the usual tourist spots.

        Tokyo Escapes: Summer Camping

        Tokyo summers can be stifling—luckily it’s easy to escape the city for a cool break from the heat.
    • Near Kyoto
      • A glass of beer from Kyoto Brewing

        Kampai! in Kansai

        Kansai has been...

        Music Festival Guide 2018

        Warmer months mean awesome music festivals in Japan. Check out our favorite music festivals!

        Cycling Awaichi

        “Awaichi” is sh...
    • All Regions
    • Article Map
    • Ocean and Beach
      • Return to Palau

        I am sitting in...

        Air it Out

        There is no bet...

        Nature and History in Shonai

        One of Tohoku’s six prefectures is Yamagata, located just north of Niigata Prefecture along the coast. It's a hidden gem for travelers in search of authentic cultural experiences and outdoor activities.
        video

        Niseko Untapped

        Niseko draws th...
    • River and Lake
      • Air it Out

        There is no bet...
        video

        Niseko Untapped

        Niseko draws th...

        Minakami Mofest

        Head up to Japan's outdoor mecca of Minakami for the country's biggest outdoor adventure festival!
        video

        All-Season Outdoor Playgr...

        Enter the all-season world of Shinetsu Shinzekyo in Nagano and Niigata with outdoor professionals
    • Mountain and Land
    • Sky
    • Snow and Ice
      • video

        Mad About Pow

        A powder pocket...

        The Reemergence of Arai

        Lotte Arai Resort will definitely become a hotspot for western skiers and boarders over the next few years.

        Tohoku Storm Chasing

        Just a few hours north of Tokyo by Shinkansen (bullet train) await remote mountains and the countryside of Tohoku’s Akita and Iwate prefectures.
    • Travel
      • Gravity-Defying Farming in Nishi Awa

        Discover the centuries-old secret behind what keeps southern Japan's mountains growing

        Up Market in Osaka

        There wasn’t mu...

        Return to Palau

        I am sitting in...
    • Food and Drinks
      • Gravity-Defying Farming in Nishi Awa

        Discover the centuries-old secret behind what keeps southern Japan's mountains growing

        Up Market in Osaka

        There wasn’t mu...

        Return to Palau

        I am sitting in...
    • Races and Events
      • Nature and History in Shonai

        One of Tohoku’s six prefectures is Yamagata, located just north of Niigata Prefecture along the coast. It's a hidden gem for travelers in search of authentic cultural experiences and outdoor activities.

        Music Festival Guide 2018

        Warmer months mean awesome music festivals in Japan. Check out our favorite music festivals!

The property path less traveled

If your plans for buying property in Japan have been put on hold because of the recent economic downturn, don’t abandon your dream of owning a piece of Japan just yet. There is a little-known route to acquiring property in Japan at unbelievably low prices—through the Japanese foreclosure auctions.

All kinds of properties emerge at these auctions, and as little as ¥5 million can land you a ski chalet, beach house or traditional Japanese country home. In some places, you can even land a small hotel or apartment building (yes, an entire building). If you don’t know where to safely put your cash these days, you may want to take a hard look at investment properties. Office, retail and warehouse space might fit into your company’s start-up or expansion plans. And, of course, there are scores of properties that could be your home and land out there where you could build your own house.
 
Traditionally, the majority of the bidders at these auctions have been local real estate companies who then re-sell the properties at a handsome profit. Many of these companies have found themselves in financial straits as of late, and there are now fewer bidders, resulting in even lower sale prices.
 
There are, however, a few drawbacks to foreclosure purchases. Financing is basically unobtainable, so cash is required. If you are looking for something specific, or if you only bid extremely low on only the best properties, it could take you some time to find a property. Before you let your eyes pop out at the prices of the lowest-end stuff on offer, keep in mind the cheapest stuff tends to be cheap for a reason. It pays to do your research as there may be issues with the property you need to discuss or fully understand before putting in a bid.
 
That being said, it is not out of the ordinary to get 25-75% off of market value. If you do not speak any Japanese, consultation services are available in English with a quick Google search. So, don’t give up your homeowner dreams in Japan; just dig a bit deeper into the foreclosure market, and you may be surprised what you unearth.

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