Real Estate in Kanazawa, Japan
Last updated on Jul 12, 2024
Summary: Expats and retirees talk about real estate in Kanazawa, Japan? How do you find a home in Kanazawa? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Kanazawa?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Kanazawa, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a traditional Japanese house, an apartment, or even a shared house. Next, you should research the different neighborhoods in Kanazawa to find one that suits your lifestyle and needs. Some popular areas include the city center, the Higashi Chaya District, and the Kanazawa University area. Once you have a general idea of where you'd like to live, you can start searching for available properties. There are several online real estate portals that list properties for rent in Kanazawa, such as Suumo, Homes, and Athome. These websites allow you to filter your search based on location, price, size, and other features. You can also visit real estate agencies in Kanazawa, where agents can assist you in finding a suitable property. Some agencies that cater to foreigners include Able, Mini Mini, and ApamanShop. When you find a property you're interested in, you'll need to contact the landlord or real estate agent to arrange a viewing. Keep in mind that in Japan, it's common to pay a deposit and key money (a non-refundable payment to the landlord) when you sign the lease. Finally, before signing any contracts, make sure you understand all the terms and conditions. If you're not fluent in Japanese, it might be helpful to bring along a Japanese-speaking friend or hire a translator to ensure you fully understand the contract. Remember, finding a place to live in a foreign country can be challenging, but with patience and thorough research, you can find a great place to live in Kanazawa," said one person in Kanazawa.
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What is a typical expat home or apartment like in Kanazawa?
"A typical expat home or apartment in Kanazawa, is often a blend of traditional Japanese aesthetics and modern conveniences. The living space is usually compact and efficiently designed, reflecting the Japanese principle of simplicity. The apartment may feature tatami mat flooring, sliding doors, and a small balcony. The kitchen is typically small with basic appliances like a stove, refrigerator, and sometimes a dishwasher. The bathroom often includes a high-tech toilet and a compact bathtub. Some apartments may also have a small space for a washing machine. Furniture in these apartments is often minimalistic and multifunctional, reflecting the Japanese concept of space-saving. There might be a low table in the living room, with a futon that can be folded and stored away during the day to create more space. The bedroom may have a western-style bed or a traditional Japanese futon. Despite the compact size, these apartments are designed to maximize natural light and ventilation. They may also have modern amenities like air conditioning, heating, and internet connectivity. Some expat homes might be located in buildings with additional facilities like a gym, a swimming pool, or a communal garden. The location of the apartment is also significant. Many expats choose to live close to their workplace or in areas with easy access to public transportation. Kanazawa is known for its historic sites, beautiful parks, and vibrant arts scene, so many expat homes offer close proximity to these cultural attractions. In terms of decor, while some expats may choose to embrace the minimalist Japanese aesthetic, others might add personal touches that reflect their own culture and personality. This could include artwork, photographs, or decorative items from their home country. Overall, a typical expat home in Kanazawa is a comfortable, efficient space that blends Japanese tradition with modern living, offering a unique living experience," remarked one foreigner who made the move to Kanazawa.
What is the average cost of housing in Kanazawa?
If you are thinking about moving to Kanazawa, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Kanazawa can vary greatly depending on the type and size of the property. For instance, the cost of renting a one-bedroom apartment in the city center may be around 50,000 to 70,000 yen per month, while a three-bedroom apartment in the same area could cost between 100,000 to 150,000 yen per month. If you're looking to buy property, the price per square meter in the city center is typically around 300,000 to 500,000 yen. However, these prices can fluctuate based on factors such as location, age of the property, and market conditions," said one expat in Kanazawa.
Should I buy or rent a home in Kanazawa?
If you have not spent a lot of time in Kanazawa, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Kanazawa, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Kanazawa for a long period, buying a home could be a good investment. Owning a home allows you to build equity over time and provides stability. However, buying a home comes with additional costs such as maintenance, insurance, and property taxes. On the other hand, if you're unsure about your long-term plans or if you're not ready for the financial commitment of owning a home, renting might be a better option. Renting offers more flexibility, as you can move more easily if your circumstances change. It also means you won't have to worry about maintenance costs or property taxes, as these are typically covered by the landlord. It's also important to consider the real estate market in Kanazawa. If property prices are high and continue to rise, buying a home could be a good investment. However, if prices are low or falling, it might be better to rent and wait to see if the market improves. Lastly, consider your lifestyle and preferences. Some people prefer the freedom and flexibility of renting, while others prefer the stability and potential financial benefits of owning a home. It's important to weigh all these factors before making a decision," said one expat who made the move to Kanazawa.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
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