About Wakayama
Wakayama (Japanese: 和歌山) is the capital of Wakayama prefecture, Japan. Having played an important part in the history of Japan, Wakayama has a unique culture with many important shrines.
Source: Wikivoyage (CC BY-SA)
Wakayama Property Market Overview
Statistics based on currently listed properties. Prices in Japanese Yen.
Frequently Asked Questions about Wakayama
What is an akiya in Wakayama?
An akiya (空き家) is an abandoned or vacant house in Japan. Wakayama has 1,981 akiya properties currently listed, ranging from traditional Japanese homes to more modern structures. These properties are often available at significantly lower prices than typical real estate.
Can foreigners buy property in Wakayama?
Yes, foreigners can freely purchase property in Wakayama and anywhere in Japan. There are no restrictions on foreign ownership of real estate in Japan. However, buying property does not grant residency rights. We recommend working with a licensed real estate agent familiar with Wakayama.
How much do akiya cost in Wakayama?
Akiya prices in Wakayama currently range from approximately ¥15,000 (around $100 USD) to ¥44,600,000. The average listing price is around ¥11,551,167. Some properties may even be available for free or near-free, though they typically require significant renovation.
What should I know before buying an akiya in Wakayama?
Before purchasing an akiya in Wakayama, consider: (1) Property condition - many akiya need renovation, (2) Location accessibility - rural properties may be far from amenities, (3) Legal requirements - ensure clear title and no liens, (4) Ongoing costs - property taxes, maintenance, and utilities, (5) Language barriers - consider hiring a bilingual agent. We recommend visiting the property in person before purchasing.
Properties in Wakayama
Showing 1-30 of 30
Arita, Wakayama Prefecture
Daily Yamazaki - 13 min walk
Wakayama, Wakayama Prefecture
Daily Yamazaki - 9 min walk
Kainan, Wakayama Prefecture
Seven Eleven - 4 min walk
Katsuragi, Wakayama Prefecture
Daily Yamazaki - 6 min walk
Wakayama, Wakayama Prefecture
Family Mart - 3 min walk
Tanabe, Wakayama Prefecture
Hashimoto, Wakayama Prefecture
Seven Eleven - 13 min walk
Hirokawa, Wakayama Prefecture
Daily Yamazaki - 6 min walk
Arita, Wakayama Prefecture
Family Mart - 16 min walk
Arita, Wakayama Prefecture
Lawson - 8 min walk
Kainan, Wakayama Prefecture
Daily Yamazaki - 30 min walk
Kainan, Wakayama Prefecture
Lawson - 8 min walk
Wakayama, Wakayama Prefecture
Lawson - 6 min walk
Hirokawa, Wakayama Prefecture
Daily Yamazaki - 6 min walk
Wakayama, Wakayama Prefecture
Daily Yamazaki - 1 min walk
Kinokawa, Wakayama Prefecture
Daily Yamazaki - 3 min walk
Wakayama, Wakayama Prefecture
Kainan, Wakayama Prefecture
Lawson - 22 min walk
Wakayama, Wakayama Prefecture
Family Mart - 3 min walk
Kainan, Wakayama Prefecture
Seven Eleven - 5 min walk
Wakayama, Wakayama Prefecture
Seven Eleven - 3 min walk
Wakayama, Wakayama Prefecture
Lawson - 1 min walk
Hashimoto, Wakayama Prefecture
Lawson - 10 min walk
Kainan, Wakayama Prefecture
Lawson - 11 min walk
Wakayama, Wakayama Prefecture
Seven Eleven - 9 min walk
Wakayama, Wakayama Prefecture
Daily Yamazaki - 9 min walk
Wakayama, Wakayama Prefecture
Seven Eleven - 7 min walk