this post was submitted on 20 Mar 2025
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I actually looked into that property once; there was no way it was going to happen for a number of reasons. I ended up buying a house in much better condition in another area.
I really need to do a video about the topic or something. There are many, many landmines with stuff like this. For a very TL;DR and assuming every single other thing is perfect: owning a home does not give you the right to spend any extra time in Japan nor grant a visa; you are on the hook for taxes, fees, septic maintenance (though the above property may have been a pit toilet; I don't remember), and other bills which will have to be paid from a Japanese bank account. There are also certain neighborhood association obligations, property maintenance, fire control, etc.
Also, why buy if you don't want to live there?
It's not gonna earn rent out there. Italy, among other countries also let's you buy abandoned homes.
Not sure if they're still doing it, but a few years back (holy shit maybe a decade), Italy was even offering to pay people to move there. But there were massive conditions. Like, you had to buy a historical property, maintain it to their standards, and open a business to boost tourism, or something along those lines. I looked into it and was kind of intrigued, but it seemed pretty obvious it was designed to draw rich expats, not average losers like me.
I believe they now charge $1. Still unaffordable.