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

By Joshua Wood, LPC

Last updated on Nov 26, 2024

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

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How do I find a place to live in Shimoda?

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

"Finding a place to live in Shimoda, 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 Shimoda 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 have easy access to 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 Shimoda, such as Suumo, Homes, and Athome. These websites allow you to filter your search based on various criteria like location, price, size, and type of property. Another option is to hire a real estate agent who specializes in the Shimoda area. They can help you navigate the local property market, arrange viewings, and negotiate with landlords or sellers. When you find a property you're interested in, it's important to visit it in person before making a decision. This will give you a chance to inspect the property, check its condition, and get a feel for the neighborhood. Finally, once you've chosen a place, you'll need to sign a lease or purchase agreement. This typically involves paying a deposit and possibly some additional fees. Make sure to read the contract carefully and ask any questions you might have before signing. 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 Shimoda.

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

"A typical expat home or apartment in Shimoda, is often a blend of traditional Japanese and modern Western styles. The living space is usually compact and efficiently designed, with sliding doors and tatami mat flooring, a common feature in traditional Japanese homes. The kitchen is typically small but functional, equipped with modern appliances. The bathroom often includes a high-tech toilet and a deep soaking tub, another staple of Japanese homes. Many apartments also feature a small balcony, offering views of the city or the surrounding natural beauty. Some expat homes may also have a small garden or courtyard, reflecting the Japanese love for nature. The homes are usually located close to public transportation, local markets, and other amenities. Despite the compact size, these homes are designed to maximize space and comfort," explained one expat living in Shimoda, Japan.

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What is the average cost of housing in Shimoda?

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

"The average cost of housing in Shimoda can vary greatly depending on the location and size of the property. However, generally, it is considered to be relatively affordable compared to larger cities like Tokyo or Osaka. For a decent-sized apartment in the city center, one might expect to pay a moderate amount per month. For larger, more luxurious properties or those with a sea view, the cost can be significantly higher. Please note that these are rough estimates and actual prices can vary," remarked one member in Shimoda.

Should I buy or rent a home in Shimoda?

If you have not spent a lot of time in Shimoda, 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 Shimoda, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Shimoda for a long period, buying a home could be a good investment. Owning a home 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 Shimoda 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 taxes or maintenance costs, as these are typically covered by the landlord. 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 and restrictions. In conclusion, whether you should buy or rent a home in Shimoda, 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 foreigner who made the move to Shimoda.

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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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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