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We Bought and Renovated a Japanese Empty House 'Akiya' in Rural Japan - Renovation Cost
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The focus of this video is how we found, bought, financed, renovated our empty Japanese house "Akiya" in the countryside of Japan.
I will also cover hidden costs, final cost and lessons learned. There is no one specific way to find, purchase and renovate a house in Japan. This video simply covers our personal experience. Our renovation is perhaps on the upper side of cost, so use our experience as a “worse case scenario” or close to it. Please watch in its entirety and I will try to answer your questions, but I will also provide markers so you can go straight to the topic. If you still have questions at the end, please comment below or e-mail at the e-mail in the description. I will try to answer your questions or point you in the right direction if possible. In the description I also provide some links to other useful sources and the link to the Akiya bank for Iwakuni city including Miwa Town, which is where we live. We bought a vacant or empty house "Akiya" in the countryside of Japan near Iwakuni, Yamaguchi Prefecture for $35,000 (5 million Yen as of August 2022). The property consists of a 2-story house built in 1975, small guest house, large 2 car garage, storage building, and 3/4 acres of land with many fruit trees. In my opinion the house was in relatively good shape to live in with some improvements such as a stove, repair the shower, and air conditioner units, however we decided to perform an extensive renovation incorporating modern and comfortable features while maintaining a beautiful traditional Japanese house with its original charm and character.
COMMON QUESTIONS UPFRONT:
• A foreigner CAN purchase property in Japan
• Owning property does not lead to legal residency in Japan
• It is difficult to secure financing with a Japanese bank unless you have permanent residency and employed in the Japanese economy
WHAT IS AN AKIYA?
Akiya (空き家) translates to “empty house”. Basically, it is a vacant house in Japan. An Akiya can be found in the countryside and urban Japan as well, but predominantly in the countryside due to declining population, migration to urban areas, preference for newer houses and many other reasons. It is believed there are approximately 8.5 million or more vacant houses throughout Japan. Pros and cons of buying an akiya is a different topic for a different video. Everyone has a different situation and circumstances in life.
HOW I FOUND MY AKIYA IN JAPAN:
HOW I BOUGHT MY AKIYA IN JAPAN:
HOW I FINANCED MY AKIYA:
HOW I RENOVATED MY AKIYA IN JAPAN:
HOW MUCH IT COST TO RENOVATE MY AKIYA:
TAXES AND COST OF LIVING:
LESSON LEARNED:
WAS IT WORTH IT?
#japan #japancountryside #japanesevacanthouse #akiya #traditionaljapanesehouse #ruraljapan
Other videos of our Akiya traditional Japanese house renovation:
Contact:
Social Media:
Instagram: @cocolenchojapan
Facebook:
Coco Lencho Japan
****Recommend using “Chrome” as a browser for Japanese to English translation.****
Other Useful Links:
I will also cover hidden costs, final cost and lessons learned. There is no one specific way to find, purchase and renovate a house in Japan. This video simply covers our personal experience. Our renovation is perhaps on the upper side of cost, so use our experience as a “worse case scenario” or close to it. Please watch in its entirety and I will try to answer your questions, but I will also provide markers so you can go straight to the topic. If you still have questions at the end, please comment below or e-mail at the e-mail in the description. I will try to answer your questions or point you in the right direction if possible. In the description I also provide some links to other useful sources and the link to the Akiya bank for Iwakuni city including Miwa Town, which is where we live. We bought a vacant or empty house "Akiya" in the countryside of Japan near Iwakuni, Yamaguchi Prefecture for $35,000 (5 million Yen as of August 2022). The property consists of a 2-story house built in 1975, small guest house, large 2 car garage, storage building, and 3/4 acres of land with many fruit trees. In my opinion the house was in relatively good shape to live in with some improvements such as a stove, repair the shower, and air conditioner units, however we decided to perform an extensive renovation incorporating modern and comfortable features while maintaining a beautiful traditional Japanese house with its original charm and character.
COMMON QUESTIONS UPFRONT:
• A foreigner CAN purchase property in Japan
• Owning property does not lead to legal residency in Japan
• It is difficult to secure financing with a Japanese bank unless you have permanent residency and employed in the Japanese economy
WHAT IS AN AKIYA?
Akiya (空き家) translates to “empty house”. Basically, it is a vacant house in Japan. An Akiya can be found in the countryside and urban Japan as well, but predominantly in the countryside due to declining population, migration to urban areas, preference for newer houses and many other reasons. It is believed there are approximately 8.5 million or more vacant houses throughout Japan. Pros and cons of buying an akiya is a different topic for a different video. Everyone has a different situation and circumstances in life.
HOW I FOUND MY AKIYA IN JAPAN:
HOW I BOUGHT MY AKIYA IN JAPAN:
HOW I FINANCED MY AKIYA:
HOW I RENOVATED MY AKIYA IN JAPAN:
HOW MUCH IT COST TO RENOVATE MY AKIYA:
TAXES AND COST OF LIVING:
LESSON LEARNED:
WAS IT WORTH IT?
#japan #japancountryside #japanesevacanthouse #akiya #traditionaljapanesehouse #ruraljapan
Other videos of our Akiya traditional Japanese house renovation:
Contact:
Social Media:
Instagram: @cocolenchojapan
Facebook:
Coco Lencho Japan
****Recommend using “Chrome” as a browser for Japanese to English translation.****
Other Useful Links:
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