Real Estate in Kyoto, Japan
Last updated on Sep 02, 2024
Summary: Expats and retirees talk about real estate in Kyoto, Japan? How do you find a home in Kyoto? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Kyoto?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Kyoto involves several steps. First, you need to decide on the type of accommodation you want. This could be a traditional Japanese house, a modern apartment, a shared house, or a guest house. Next, you should determine your budget. Keep in mind that in addition to rent, you may also need to pay for utilities, internet, and a deposit. Once you have a clear idea of what you're looking for, you can start your search. There are several online platforms that list properties for rent in Kyoto, such as Suumo, Homes, and GaijinPot. These websites allow you to filter properties based on location, price, size, and other features. You can also visit real estate agencies in Kyoto. English-speaking agents are available in some agencies, and they can help you find a place that suits your needs. When you find a place you like, you'll need to apply for it. This usually involves filling out an application form and providing proof of income or a guarantor. Once your application is accepted, you'll need to sign a lease agreement. Make sure to read it carefully and understand all the terms before signing. Finally, you'll need to pay the first month's rent, a deposit, and possibly a key money or a non-refundable gratitude money to the landlord. After that, you can move into your new home in Kyoto. Remember, finding a place to live in a foreign country can be challenging, so it's important to start your search well in advance and be patient," explained one person living in Kyoto, Japan.
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What is a typical expat home or apartment like in Kyoto?
"A typical expat home or apartment in Kyoto, is a blend of traditional Japanese aesthetics and modern conveniences. The living space is often compact, reflecting the efficient use of space in Japanese architecture. The apartment may feature tatami mat flooring, a traditional Japanese style of floor covering made from woven straw, and shoji screens, which are sliding doors or room dividers made of translucent paper over a wooden frame. The kitchen is usually small but functional, equipped with essential appliances like a refrigerator, stove, and sometimes a dishwasher. The bathroom often includes a high-tech toilet with multiple functions, a common feature in Japanese homes. A deep soaking tub, separate from the shower area, is also a common feature in Japanese bathrooms. The bedroom may have a futon, which can be folded and stored away during the day to maximize space. Some expat homes may also have a small balcony for drying clothes or enjoying a bit of outdoor space. Despite the compact size, these homes are designed to be comfortable and efficient, with storage solutions integrated into the design. The apartment is likely located in a convenient area, close to public transportation, shops, and restaurants. Many expat homes in Kyoto are situated in modern apartment buildings, but some may be in traditional machiya, or townhouses, which offer a more authentic Japanese living experience. Regardless of the type of building, most expat homes in Kyoto are well-insulated and equipped with air conditioning and heating systems to handle the city's hot summers and cold winters. In terms of decor, expat homes in Kyoto often feature a mix of Japanese and Western elements. This could include minimalist furniture, neutral color schemes, and perhaps a few pieces of traditional Japanese art or pottery. Overall, a typical expat home in Kyoto is a comfortable, efficient space that reflects the city's blend of tradition and modernity," said one person in Kyoto.
What is the average cost of housing in Kyoto?
If you are thinking about moving to Kyoto, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Kyoto can vary greatly depending on the location and size of the property. For a one-bedroom apartment in the city center, the monthly rent is typically around 80,000 to 100,000 Japanese yen. If you're looking outside of the city center, the rent for a similar apartment can drop to approximately 50,000 to 70,000 yen per month. For larger apartments or houses suitable for families, the rental cost can range from 150,000 to 200,000 yen per month. If you're looking to buy property, the average price per square meter in the city center is around 500,000 to 700,000 yen, while outside the city center it can be around 300,000 to 500,000 yen. However, these prices can fluctuate based on market conditions and other factors," said one person in Kyoto.
Should I buy or rent a home in Kyoto?
If you have not spent a lot of time in Kyoto, 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 Kyoto, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Kyoto for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and offers stability and freedom to customize your living space. However, buying a home requires a significant upfront cost, including a down payment, closing costs, and property taxes. It also comes with ongoing costs like maintenance, repairs, and homeowners insurance. If you're not ready for these financial commitments, renting might be a better option. Renting a home in Kyoto offers more flexibility, especially if you're unsure about your long-term plans. It's easier to move, and you won't have to worry about the costs of home maintenance and repairs. Renting can also be more affordable in the short term, as it doesn't require a large down payment. However, renting doesn't build equity, and you may face restrictions on what you can do with the property. Rent prices can also increase over time. In conclusion, whether you should buy or rent a home in Kyoto depends on your financial situation, how long you plan to stay, and your personal preferences. It's important to weigh the pros and cons of each option and consider seeking advice from a financial advisor or real estate professional," said one expat in Kyoto.
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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