Japan Will Sell You Huge Abandoned Houses For Only €5,600. The Country Offers Cheap Housing To Attract New Residents

Prices of abandoned houses for sale in the Japanese city of Nagano start at $6,046 (approx. €5,679). They are supposed to help attract new residents to depopulated cities. In an effort to revive rural areas, the Japanese government has decided to sell dilapidated Japanese houses in regions such as Togichi and Nagano "almost for free".

They are houses that are 50 to 100 years old. Therefore, reconstruction can represent a bigger investment. However, the amounts for the buildings themselves in their original state start at very low numbers.

In the advertisement, you will find houses for less than 7,000 dollars (6,576 euros) to more expensive ones for 250,000 dollars (234,856 euros). Their price depends on the condition of the house. There are a number of one-story or two-story dwellings to choose from, with plot sizes ranging from 311.85 to 1000.15 square meters.

Villages are becoming more and more empty. Young people move away from the countryside to cities where a better urban structure is developed. Young people inherit these houses from their older relatives. However, they remain at the mercy of fate, because no one cares about their renovation.

Japanese interior

Each house boasts a spacious garden. The properties are located in the area of rice fields. The new owners could be convinced by the beautiful view of the Nagana mountains from the large light-filled rooms. Smaller houses have an area of 31 square meters, the largest 242 square meters.

Traditional Japanese style can be seen in the preserved objects. Larger living spaces usually have up to eight rooms, a bathroom, a kitchen and a balcony.

Housing costs are relatively low. However, in connection with renovation expenses, it can still be more advantageous than a house in the city center. Some interiors have been preserved, but in most cases major reconstruction is necessary.

Rent or buy?

If you are thinking about such a special investment, you can find a list of abandoned houses in Japan on the website of Akiya Banks. This portal is managed by the local authority. It also offers houses for rent, where the amount starts at 500 euros per month. 

From the town of Nagano, residents can reach Tokyo by train in 1 hour and 20 minutes. This is also one of the pluses that could help when deciding to buy a house. On the website, the city informs that all important institutions are nearby. Kindergartens, primary and secondary schools, hospitals and town halls.

Just fill out the form

Interested parties simply register on the Akiya Banks website, then fill out the form and learn the information they are interested in. The bank provides information on current vacant houses, shows how the house looks. The site also serves to provide general information about housing in Nagano.