Buying Property in Japan as an Overseas Investor】Second-Hand Apartments in Rinku Town, Osaka

Rinku Town, located near Kansai International Airport (KIX), has become an increasingly attractive area for overseas property investors.

In this article, based on a real inquiry from an Australian-based client, we will explain:

• Can foreigners buy property in Japan?

• What is the purchasing process?

• Can you combine rental income with holiday use?

• Is April–June a good time to buy with cash?

1. Can Foreigners Buy Property in Japan?

Yes — absolutely. There are no restrictions.

Japan allows foreign nationals, including non-residents, to freely purchase real estate.

Whether you hold an Australian passport or a Taiwanese passport, you can legally own property in Japan.

Basic Requirements

• Passport

• Proof of overseas address

• Affidavit (Declaration of Signature)

• Tax Representative in Japan (for tax purposes)

Even if you are overseas, the entire purchase can be completed remotely through a representative.

2. Buying a Second-Hand Apartment in Rinku Town

Budget: Approx. JPY 40,000,000 (~AUD 400,000)

Purpose:

• Rental income

• Personal holiday use (3 weeks in December)

⚠️ Important Note: Airbnb Restrictions

Most condominiums in Japan prohibit short-term rentals such as Airbnb under building management rules.

✔ Long-term rental (standard lease) is allowed

✔ Personal use by owner, family, and friends is allowed

Alternative Strategies

Depending on your goals, you may consider:

• Purchasing for long-term rental only (stable income)

• Buying a detached house (more flexibility depending on zoning)

• Purchasing two properties

  
  

  (one for investment, one for personal use)

3. Why Rinku Town is Attractive for Investment

• ✈ Direct access to Kansai International Airport

• 🛍 Close to Rinku Premium Outlets

• 🌊 Coastal lifestyle with resort atmosphere

• 📈 Growing demand from international investors

Rinku Outlet Mall

With airport-related employment and tourism demand, rental stability in this area is relatively strong.

4. Purchase Timeline (Cash Buyer)

Target purchase period: April to June

Typical Process

1. Property selection

2. Purchase application

3. Sales contract signing

4. Balance payment (international wire transfer)

5. Ownership transfer (registration)

The process typically takes 1–2 months from application to completion.

5. Our Support Services

At Wilson Real Estate, we provide full support for overseas buyers:

• Property sourcing & negotiation

• Contract support & translation

• Affidavit preparation

• Tax representative services

• Rental management

• Resale strategy support

We ensure a smooth and secure experience, even if you are based overseas.

Summary

✔ Foreigners can freely buy property in Japan

✔ Cash purchase is straightforward

✔ Long-term rental is allowed

✔ Airbnb is generally prohibited in apartments

✔ Flexible strategies (house or multiple properties) are recommended

Rinku Town offers a unique combination of airport access, coastal living, and commercial convenience, making it a promising area for both lifestyle and investment.

If you are considering investing in Japan from overseas, I would be delighted to assist you.

Megumi Wilson

Wilson Real Estate Co., Ltd.

Specialist in Overseas Property Investment in Japan

“Building trust, and securing your future through real estate.”

Rinku Gateway Tower