Entry Buy Vacant Houses in Japan
Airbnb Yield 15–35%
Hand-curated akiya (vacant house) investment properties for foreign buyers. ¥5M–¥22M. Full STR market data from AirROI 2025–2026. ROI modelling included. English-speaking agent support.
68 listings · Updated July 2026
Entry 6 High-Demand Resort Areas — 440 Active Listings
REINS-sourced inventory across Japan's top foreign-investor resort markets, updated May 21, 2026.
HAKUBA 白馬
Second Niseko. Land price +32.4% YoY · Japan #1. 580 STR listings.
| Price (USD) | Layout | Floor Area | Year Built |
|---|---|---|---|
| ~$1.8M | 4LDK | 293.09 m² | 2015 |
| ~$1.8M | 3LDK | 147 m² | 2023 |
| ~$1.5M | 9LDK | 293.69 m² | 1980 |
MYOKO 妙高
90% foreign buyers. Six Senses + MGallery luxury hotels opening 2028.
| Price (USD) | Layout | Floor Area | Year Built |
|---|---|---|---|
| ~$469K | 10LDK | 373.99 m² | 1988 |
| ~$313K | 7K | 376.36 m² | 1979 |
| ~$186K | 3DK | 348.61 m² | 1981 |
KARUIZAWA 軽井沢
Japan's Hamptons. +13.7% YoY. EU/US wealthy confirmed.
| Price (USD) | Layout | Floor Area | Year Built |
|---|---|---|---|
| ~$8.1M | 8LDK | 529.66 m² | 2022 |
| ~$4.1M | 3LDK | 214.12 m² | 2025 |
| ~$4.1M | 3LDK | 137.46 m² | 2025 |
HAKONE 箱根
Ryokan belt. 90 min from Tokyo. 400+ onsen properties.
| Price (USD) | Layout | Floor Area | Year Built |
|---|---|---|---|
| ~$2.5M | 5LDK | 308.4 m² | 1994 |
| ~$2.2M | 7LDK | 759.41 m² | 1975 |
| ~$2.2M | 6SLDK | 759.41 m² | 1975 |
NASU 那須
Imperial retreat area. 2hr Tokyo. STR demand +18% YoY.
| Price (USD) | Layout | Floor Area | Year Built |
|---|---|---|---|
| ~$2.5M | 2LDK | 334.5 m² | — |
| ~$613K | 4SLDK | 603.45 m² | 1992 |
| ~$425K | 5LDK | 446.75 m² | 1995 |
ATAMI 熱海
Riviera revival. Bullet train 40 min. Tourist recovery +44%.
| Price (USD) | Layout | Floor Area | Year Built |
|---|---|---|---|
| ~$1.9M | 6LDK | 269.85 m² | — |
| ~$1.6M | 3LDK | 220.75 m² | 1990 |
| ~$1.2M | 5LDK | 237.08 m² | 1966 |
* REINS-sourced inventory. Photos, floorplans and full details are shared directly with enquirers.
New Properties Every 2 Weeks
Join the pipeline. Curated akiya deals sent directly to your inbox — with full ROI modelling, before they're widely listed.
How to Buy an Akiya (Vacant House) in Japan as a Foreigner
Japan's akiya (空き家, vacant house) market offers some of the most underpriced real estate in the developed world. With over 9 million vacant homes nationwide and an aging rural population, prices start from ¥5M ($33K) for structurally sound properties in high-tourism areas. Foreign buyers face no legal restrictions on purchasing Japanese real estate.
Why Akiya for Short-Term Rental (Airbnb)?
Japan's inbound tourism hit record levels in 2024–2025, and short-term rental demand in mountain resort areas and historic towns far outpaces supply. Our portfolio focuses on areas with verified AirROI data showing ADR $100–$250, occupancy 30–55%, and annual revenue $20K–$35K. At ¥9M–¥15M purchase price, gross yields of 15–35% are achievable.
Top Akiya Investment Regions in This Portfolio
- Mt. Fuji / Fujikawaguchiko (Yamanashi) — World heritage views. $185 ADR, 33.4% occupancy. ¥7M–¥15M range.
- Hakuba (Nagano) — Japan's top ski resort for foreign visitors. +37.3% YoY STR growth. ¥8M–¥20M.
- Kanazawa (Ishikawa) — Post-Shinkansen boom. $134 ADR, 49.1% occupancy, +21% YoY. ¥12M–¥18M.
- Izu Peninsula (Shizuoka) — Private onsen properties. $232 ADR. ¥9M–¥15M.
- Nasu / Tochigi — Imperial retreat area. $168 ADR, +55.3% YoY. ¥8M–¥14M.
- Nikko (Tochigi) — UNESCO World Heritage. ¥10M–¥16M.
Minpaku License & Legal Requirements
Operating an Airbnb in Japan requires a minpaku (民泊) registration under the 2018 住宅宿泊事業法. The national cap is 180 days/year. Special zones (特区民泊) in some areas allow year-round operation. ROCKEDGE verifies minpaku eligibility and recommends consultation with a local gyosei-shoshi before purchase.
All STR revenue data sourced from AirROI 2025–2026. Past performance does not guarantee future results. Consult a qualified professional before purchasing property.