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Real-estate

You can buy a foreclosed property in Japan as a foreigner

Yes, foreigners have exactly the same right as locals to buy foreclosed properties in Japan, and they are often auctioned out at a steep discount compared to their market value

Rei Saito's avatar
Rei Saito
Jun 20, 2024
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What few foreigners, and even Japanese people know is that foreclosed properties in Japan can be purchased by anyone.

In fact, almost all properties that have been seized due to non-payment of mortgages or unpaid taxes will be put up for auction. Therefore, you will be able to purchase a property through an auction much cheaper than on the normal housing…

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