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

By Joshua Wood, LPC

Last updated on Oct 01, 2024

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

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How do I find a place to live in Atami?

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

"Finding a place to live in Atami, 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 to a modern apartment. Next, you should research the different neighborhoods in Atami to find one that suits your lifestyle and preferences. Some areas might be closer to the beach, while others are near the city center or public transportation. 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 or sale in Atami, such as Suumo, Homes, and Athome. These websites allow you to filter your search based on various criteria like price, location, size, and type of property. You can also consider hiring a real estate agent to help you with your search. They can provide you with valuable insights about the local market, help you negotiate the price, and guide you through the legal procedures. When you find a property that you're interested in, arrange a viewing. This will give you a chance to inspect the property and the surrounding area. If you decide to proceed with the property, you'll need to submit an application and provide necessary documents such as proof of income and identification. Once your application is approved, you'll sign a lease agreement and make the necessary payments, which typically include a deposit, rent, and possibly a realtor's fee. Finally, before moving in, you might need to set up utilities like electricity, water, and internet. Some properties might include these in the rent, so make sure to check with the landlord or real estate agent. Remember, finding a place to live in a foreign country can be challenging, so it's important to be patient and thorough in your search," said one expat who made the move to Atami.

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

"Expat homes or apartments in Atami, are typically modern and well-equipped with all the necessary amenities. They often feature a blend of traditional Japanese and Western-style architecture, with elements such as tatami mat rooms and sliding shoji doors. The living spaces are usually compact and efficiently designed, reflecting the Japanese principle of simplicity and minimalism. Kitchens are typically small but functional, often equipped with modern appliances. Bathrooms usually feature high-tech fixtures, including electronic bidets and deep soaking tubs. Many homes also have balconies or small gardens, offering views of the city or the nearby ocean. The homes are often located in convenient locations, close to public transportation, shopping centers, and restaurants. Some may also be situated near hot springs, as Atami is famous for its onsen. Despite being in a city, many homes are located in quiet neighborhoods, providing a peaceful living environment. In terms of interior decor, it varies widely depending on personal preferences. Some expats may choose to embrace the Japanese aesthetic fully, with minimalistic furniture and traditional Japanese art. Others may opt for a more Western-style decor. Regardless of the style, the homes are typically clean, well-maintained, and comfortable. Most expat homes in Atami also come with modern conveniences such as air conditioning, heating, and internet access. Some may also have access to shared amenities like a gym, swimming pool, or laundry facilities, especially if they are located within an apartment complex. Overall, expat homes in Atami offer a comfortable and convenient living environment, blending the best of Japanese and Western living styles," said one expat in Atami.

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What is the average cost of housing in Atami?

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

"The average cost of housing in Atami can vary greatly depending on the type and location of the property. For instance, a small apartment in the city center may cost around a few hundred thousand yen per month to rent, while a larger house in a more rural area could potentially cost several million yen to purchase. However, these prices can fluctuate based on market conditions and other factors. It's always best to research current real estate listings in Atami for the most accurate and up-to-date information," remarked one foreigner who made the move to Atami.

Should I buy or rent a home in Atami?

If you have not spent a lot of time in Atami, 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 Atami, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Atami for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide 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 would also be responsible for maintenance and repairs. If you're not ready for these financial commitments, or if you value flexibility and mobility, renting might be a better option for you. Renting a home in Atami could offer more flexibility, especially if you're not sure how long you'll be staying. It's generally easier to move from a rental than it is to sell a house. Renting also means you won't have to worry about property maintenance or fluctuating property values. However, renting doesn't build equity and rental rates can increase over time. You also have less control over your living space when you rent, as you're subject to the landlord's rules. In conclusion, whether you should buy or rent a home in Atami, Japan, 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 before making a decision," remarked one member in Atami.

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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