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Real Estate in Okinawa, Japan | Digital Nomad Exchange
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Real Estate in Okinawa, Japan

By Joshua Wood, LPC

Last updated on Jul 09, 2024

Summary: Expats and retirees talk about real estate in Okinawa, Japan? How do you find a home in Okinawa? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Okinawa?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Okinawa involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a larger house, depending on your needs and financial situation. Next, you should research different areas in Okinawa to find a neighborhood that suits your lifestyle. Consider factors such as proximity to work or school, access to public transportation, and the availability of amenities such as shops, restaurants, and parks. Once you have a clear idea of what you're looking for, you can start your search. There are several online real estate portals that list properties for rent in Okinawa, such as Homes.co.jp, Suumo.jp, and Athome.jp. These websites allow you to filter your search based on factors such as location, price, size, and type of property. You can also consider hiring a real estate agent to help you in your search. They can provide valuable advice and guidance, and can help you navigate the complexities of the Japanese rental market. Be aware that you may need to pay a commission for their services. When you find a property that you're interested in, you'll need to contact the landlord or real estate agent to arrange a viewing. If you decide to proceed with the rental, you'll need to fill out an application and provide certain documents, such as proof of income and identification. Once your application is approved, you'll need to sign a lease agreement and pay a deposit, which is typically equivalent to one or two months' rent. You may also need to pay a key money fee, which is a non-refundable payment to the landlord that is common in Japan. Finally, before you move in, you'll need to set up utilities such as electricity, water, and internet. This can usually be done by contacting the relevant companies and arranging for the services to be connected. Remember, finding a place to live in a foreign country can be challenging, so it's important to be patient and persistent. Good luck with your search," explained one person living in Okinawa, Japan.

What is a typical expat home or apartment like in Okinawa?

"A typical expat home or apartment in Okakina, Japan, is often a blend of traditional Japanese and modern Western styles. The living space is usually compact and efficiently designed, with sliding doors and windows to maximize natural light and air circulation. The kitchen is typically small but functional, equipped with essential appliances. The bathroom often features a deep soaking tub, separate from the shower area, in line with Japanese bathing customs. The bedroom may have a Western-style bed or a traditional Japanese futon that can be folded and stored away during the day. Many apartments also have a tatami room, a traditional Japanese room with a floor made of straw mats, which can be used as a dining room, living room, or an extra bedroom. The apartment may also have a small balcony, which is often used for drying clothes. Some larger homes may have a small garden or yard. The homes are usually located in safe, clean neighborhoods, often within walking distance to public transportation, grocery stores, and restaurants. Despite the compact size, Japanese homes are known for their innovative storage solutions, so there's a place for everything. The decor is typically minimalist, with a focus on natural materials and colors. Many expats enjoy the simplicity and functionality of their homes in Okinawa, as well as the opportunity to experience traditional Japanese living," said one person in Okinawa.

What is the average cost of housing in Okinawa?

If you are thinking about moving to Okinawa, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Okinawa can vary greatly depending on the location and size of the property. For a single-family home in the city center, prices can range from moderately expensive to very high. However, apartments or condos can be more affordable, especially those located outside of the city center. Rental prices can also vary, but are generally more affordable than purchasing a property. Overall, the cost of housing in Okinawa is considered to be lower than in other major Japanese cities like Tokyo or Osaka," said one person in Okinawa.

Should I buy or rent a home in Okinawa?

If you have not spent a lot of time in Okinawa, 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 Okinawa, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Okinawa for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and gives you a sense of stability and permanence. However, buying a home also comes with significant upfront costs, including a down payment, closing costs, and property taxes. You'll also be responsible for maintenance and repairs, which can add up over time. If you're not ready for these financial commitments, or if you're unsure about your long-term plans, renting might be a better option. Renting a home in Okinawa offers more flexibility. It's a good option if you're planning to stay for a short period or if you're still exploring different neighborhoods before settling down. Renting also means you won't have to worry about maintenance or repair costs, as these are typically covered by the landlord. However, renting doesn't allow you to build equity, and rent prices can increase over time. You also have less control over your living situation, as landlords can decide to sell the property or not renew your lease. In conclusion, both buying and renting a home in Okinawa have their pros and cons. It's important to carefully consider your financial situation, long-term plans, and personal preferences before making a decision. Consulting with a real estate professional can also provide valuable insights and help you make an informed decision," said one person in Okinawa.

About the Author

Joshua Wood 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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