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Everything you need to know before buying real estate is included in our Japan Property Pack
Nagoya is Japan's third-largest city and offers more affordable property than Tokyo or Osaka, but figuring out what you can actually buy at different budget levels is confusing.
We track Nagoya housing prices in 2026 closely and update this blog post regularly to give you realistic expectations for what your budget can get you.
Below, we break down what $100k, $200k, $300k, and $500k actually buy in Nagoya right now, plus the real costs of buying and owning property.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Nagoya.
What can I realistically buy with $100k in Nagoya right now?
Are there any decent properties for $100k in Nagoya, or is it all scams?
Yes, you can buy a decent property in Nagoya for $100,000 (about ¥15.8 million), but it will be small or old rather than central and spacious.
For this budget in Nagoya in 2026, the best value typically comes from outer wards like Minato-ku, Moriyama-ku, Kita-ku, Midori-ku, Meito-ku, and Tenpaku-ku, where you can find legitimate listings without overpaying for location.
It is technically possible to buy in popular areas like Naka-ku (Sakae area) or Chikusa-ku (Kakuozan area) for $100k, but you would be limited to very small studios or much older buildings that are not right next to the station.
What property types can I afford for $100k in Nagoya (studio, land, old house)?
At about ¥15.8 million in Nagoya in 2026, you can realistically buy a small used condo (typically 20 to 40 square meters depending on ward and building age), an older small house in a non-central area, or occasionally a small plot of land in less desirable locations.
At this budget, you should expect properties that need cosmetic refreshing for condos, and potentially more significant work like waterproofing, wiring, or plumbing updates for older houses built before 2000.
For long-term value, a small used condo near a subway station tends to be the safest bet at the $100k level in Nagoya, because condos are the most liquid part of the local market and easier to resell than older detached houses.
What's a realistic budget to get a comfortable property in Nagoya as of 2026?
As of early 2026, a realistic minimum budget to get a comfortable property in Nagoya is around ¥25 million ($160,000 or €145,000), which puts you at or slightly below the citywide average for used condos.
Most buyers in Nagoya need to budget between ¥25 million and ¥40 million ($160,000 to $250,000, or €145,000 to €230,000) to reach a comfortable standard without major compromises on size, condition, or location.
In Nagoya in 2026, "comfortable" generally means a used condo of about 55 to 80 square meters, in decent condition without major renovation needs, and with reasonable access to a subway or train station.
This budget can vary significantly by neighborhood in Nagoya: outer wards like Midori-ku or Moriyama-ku offer more space for less money, while central wards like Naka-ku or Chikusa-ku require higher budgets for the same comfort level.
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What can I get with a $200k budget in Nagoya as of 2026?
What "normal" homes become available at $200k in Nagoya as of 2026?
As of early 2026, $200,000 (about ¥31.6 million) puts you right at the Nagoya City average for a used condo, meaning you can realistically access what most local buyers consider a "normal" home: a well-maintained apartment with decent size in many wards.
At this budget in Nagoya, you can expect a used condo of about 60 to 80 square meters, though the exact size depends on whether you choose a central ward (smaller) or an outer ward (larger).
By the way, we have much more granular data about housing prices in our property pack about Nagoya.
What places are the smartest $200k buys in Nagoya as of 2026?
As of early 2026, the smartest $200k (¥31.6 million) buys in Nagoya tend to be in wards like Showa-ku, Chikusa-ku, Atsuta-ku, Meito-ku, Tenpaku-ku, and Midori-ku, where you get the best balance of livability and future resale potential.
These Nagoya areas are smarter buys because they offer better building quality and neighborhood appeal than cheaper outer areas, without the premium pricing of ultra-central Naka-ku or the Nagoya Station area.
The main growth factor driving value in these mid-tier Nagoya neighborhoods is their strong appeal to families and professionals who want convenient subway access combined with a more residential, less crowded environment than the city center.
We have made this infographic to give you a quick and clear snapshot of the property market in Japan. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
What can I buy with $300k in Nagoya in 2026?
What quality upgrade do I get at $300k in Nagoya in 2026?
As of early 2026, moving from $200k to $300k (from ¥31.6 million to ¥47.4 million) in Nagoya typically buys you better location, a newer building (often post-2000s instead of 1990s), and a condo with healthier management reserves and better-maintained common areas.
Yes, $300k can often buy a property in a newer building in Nagoya right now, especially outside the most expensive micro-areas, though in premium Naka-ku you will still need to be selective about exact station and building quality.
At this budget in Nagoya in 2026, you start seeing features like updated interiors, better insulation, modern bathrooms and kitchens, and buildings with amenities like secure entry systems and well-kept lobbies.
Can $300k buy a 2-bedroom in Nagoya in 2026 in good areas?
As of early 2026, yes, $300k (¥47.4 million) can very often buy a 2-bedroom (2LDK) apartment in good areas of Nagoya, making this budget level a realistic target for couples or small families.
Good Nagoya areas where you can find 2-bedroom options at this budget include Chikusa-ku, Showa-ku, Higashi-ku, Atsuta-ku, and parts of Naka-ku if you accept a slightly older building or a location a few minutes further from the main station.
A $300k 2-bedroom in Nagoya in 2026 typically offers about 55 to 70 square meters (590 to 750 square feet), which is a comfortable size for the Japanese market and provides enough space for a living area plus two proper bedrooms.
Which places become "accessible" at $300k in Nagoya as of 2026?
At the $300k (¥47.4 million) price point in Nagoya in 2026, more of the premium map opens up, including Naka-ku (Sakae, Fushimi, and Osu areas), Higashi-ku, better pockets of Chikusa-ku and Showa-ku, and parts of Nakamura-ku near Nagoya Station.
These newly accessible Nagoya areas are desirable because they offer walkable urban living, excellent subway and rail connections, vibrant shopping and dining, and stronger long-term demand that supports resale value.
In these premium Nagoya neighborhoods, $300k typically buys a well-maintained 2LDK condo in a mid-rise building, often with a building age between 10 and 25 years, located within a reasonable walk of a major transit station.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Nagoya.
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What does a $500k budget unlock in Nagoya in 2026?
What's the typical size and location for $500k in Nagoya in 2026?
As of early 2026, $500,000 (about ¥79 million) in Nagoya typically buys a condo of 80 to 110 square meters (860 to 1,180 square feet) in high-convenience locations near central wards and major transit stations.
Yes, $500k can buy a family home with outdoor space in Nagoya, but this usually means choosing an outer ward like Meito-ku, Tenpaku-ku, Midori-ku, or Moriyama-ku where land is more affordable and detached houses with gardens become realistic.
At the $500k level in Nagoya in 2026, you can typically expect a 3LDK (three bedrooms) or even 4LDK condo with 2 bathrooms, or a detached house with similar room counts plus a small yard if you move away from the central core.
Finally, please note that we cover all the housing price data in Nagoya here.
Which "premium" neighborhoods open up at $500k in Nagoya in 2026?
At the $500k (¥79 million) price point in Nagoya in 2026, premium neighborhoods that fully open up include Sakae, Fushimi, Marunouchi, and Osu in Naka-ku, as well as Kakuozan and Motoyama in Chikusa-ku, Yagoto in Showa-ku, and the Hisaya-odori area.
These Nagoya neighborhoods are considered premium because they combine excellent transit access, upscale retail and dining, well-regarded schools, strong community infrastructure, and historically stable property values that attract affluent buyers.
In these premium Nagoya neighborhoods, $500k realistically buys a spacious 3LDK condo in a quality building with modern amenities, or a large 2LDK in a newer tower, typically with features like concierge services, secure parking, and well-maintained common facilities.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Japan versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What counts as "luxury" in Nagoya in 2026?
At what amount does "luxury" start in Nagoya right now?
In Nagoya in 2026, the luxury segment for condos generally starts around ¥70 million to ¥100 million ($440,000 to $630,000, or €400,000 to €575,000), which is roughly 2.5 to 3.5 times the citywide average transaction price.
The entry point to luxury real estate in Nagoya is defined by features like prime addresses in Naka-ku or Chikusa-ku, branded building names, larger floor plates, higher-spec finishes, better views, and amenities such as concierge services or secure underground parking.
Compared to Tokyo where luxury often starts above ¥100 million, Nagoya's luxury threshold is lower, making it more accessible for buyers seeking high-end living in Japan's third-largest metropolitan area.
Mid-tier luxury in Nagoya in 2026 typically ranges from ¥100 million to ¥150 million ($630,000 to $950,000, or €575,000 to €865,000), while top-tier luxury properties in the most exclusive towers can exceed ¥200 million ($1.27 million or €1.15 million).
Which areas are truly high-end in Nagoya right now?
The truly high-end neighborhoods in Nagoya in 2026 are Sakae, Fushimi, Marunouchi, and the Hisaya-odori vicinity in Naka-ku, Kakuozan and Motoyama in Chikusa-ku, Yagoto in Showa-ku, and select premium residential pockets in Higashi-ku close to core transit.
These Nagoya areas are considered truly high-end because they combine historic prestige, proximity to the city's best amenities and cultural attractions, excellent schools, mature tree-lined streets, and a concentration of newer luxury tower developments.
The typical buyer for high-end Nagoya properties includes senior executives at major corporations (especially in the auto industry given Toyota's regional presence), successful business owners, medical professionals, and some international buyers seeking quality Japanese real estate at more accessible prices than Tokyo.
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How much does it really cost to buy, beyond the price, in Nagoya in 2026?
What are the total closing costs in Nagoya in 2026 as a percentage?
As of early 2026, total closing costs for buying property in Nagoya typically run between 6% and 10% of the purchase price, depending on the property structure and whether you use extensive professional support.
A realistic low-to-high range that covers most standard cash transactions in Nagoya is 6% to 8% for straightforward deals, rising to 8% to 10% or slightly more for complex purchases involving extensive legal review or properties with unusual tax situations.
The main fee categories making up this total in Nagoya include real estate agent commission (up to 3% plus ¥60,000 plus tax), registration taxes and judicial scrivener fees, real estate acquisition tax, stamp duty on the contract, and various administrative fees.
To avoid hidden costs and bad surprises, you can check our our pack covering the property buying process in Nagoya.
How much are notary, registration, and legal fees in Nagoya in 2026?
As of early 2026, the combined cost of registration taxes, judicial scrivener (shiho shoshi) fees, and other legal/administrative fees in Nagoya typically runs between ¥300,000 and ¥800,000 ($1,900 to $5,100, or €1,730 to €4,600) for a standard residential purchase, varying by property value and complexity.
These fees typically represent about 1% to 3% of the property price in Nagoya, with lower-value properties seeing a higher percentage due to fixed minimum fees, and higher-value properties benefiting from the percentage calculation.
In Nagoya and throughout Japan, registration-related taxes (registration license tax applied to ownership and mortgage registration) are usually the most expensive component in this category, often exceeding the judicial scrivener's professional fees.
What annual property taxes should I expect in Nagoya in 2026?
As of early 2026, annual property taxes in Nagoya consist of a fixed asset tax at 1.4% plus a city planning tax at 0.3%, totaling 1.7% of the assessed value (not market price), which typically results in annual bills of ¥50,000 to ¥200,000 ($320 to $1,270, or €290 to €1,150) for a standard condo.
Because these taxes are based on the assessed value (which is typically lower than market price), the effective tax rate as a percentage of what you actually paid is usually well below 1.7% in practice.
Property taxes in Nagoya can vary based on property type and location: condos in central wards with higher land values face higher assessments, while older buildings see lower building assessments due to depreciation, and residential land under 200 square meters qualifies for a reduced assessment rate.
There are exemptions available in Nagoya, including reduced assessments for small residential land plots and temporary reductions for newly built homes during their first few years, which your local tax office can explain based on your specific situation.
You can find the list of all property taxes, costs and fees when buying in Nagoya here.
Is mortgage a viable option for foreigners in Nagoya right now?
Getting a mortgage as a foreigner in Nagoya in 2026 is viable if you are a Japan resident with stable income and employment history, but much harder if you are buying from abroad without Japanese residency.
Foreign residents with permanent residency can access loan-to-value ratios of 80% to 100% at variable interest rates as low as 0.2% to 0.5%, while non-permanent residents typically face LTV limits of 70% to 80% and rates of 0.8% to 1.5% at foreign-friendly banks like Tokyo Star Bank, Prestia, or Suruga Bank.
To qualify for a mortgage in Nagoya as a foreigner, you typically need proof of stable income (usually 1 to 3 years of employment in Japan), a valid residence card, tax certificates, and the ability to communicate in Japanese or work with an interpreter; some banks also require annual income above ¥3 million to ¥10 million depending on the lender.
One compliance note for foreign buyers: Japan has a notification requirement under the Land Use Regulation Act for certain designated areas, which is not a general prohibition but requires you to notify authorities when applicable, as explained by the Cabinet Office.
You can learn more about mortgage options for foreigners buying in Nagoya in our detailed guide here.
We made this infographic to show you how property prices in Japan compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What should I predict for resale and growth in Nagoya in 2026?
What property types resell fastest in Nagoya in 2026?
As of early 2026, the property types that resell fastest in Nagoya are well-located condos near major subway or train stations, particularly 1LDK to 3LDK layouts that appeal to both owner-occupiers and investors.
In Nagoya in 2026, a correctly priced condo in a good location typically sells within 2 to 4 months from listing to contract, while detached houses take longer at about 3 to 6 months, and niche or overpriced properties can sit on the market for 6 to 12 months or more.
Condos sell faster in Nagoya because the city's strong subway network makes station proximity highly valued, and because condos offer simpler transactions with standardized management records that buyers can evaluate quickly.
The slowest properties to resell in Nagoya are older detached houses in non-central locations with small land plots, as these compete poorly against newer developments and face challenges with building depreciation that is unique to the Japanese market.
If you're interested, we cover all the best exit strategies in our real estate pack about Nagoya.
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What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Nagoya, we always rely on the strongest methodology we can and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why It's Authoritative | How We Used It |
|---|---|---|
| Chubu REINS | Official MLS-style database for the Chubu region reporting actual closed deals. | We used this as our anchor for Nagoya City transaction prices, sizes, and price-per-square-meter figures. It provides the most direct reality check for what properties actually sell for. |
| MLIT Transaction Price System | Japan's national ministry running the official transaction price disclosure program. | We used this to validate that our REINS-based estimates align with government data. It also helps buyers cross-check listings against real transaction clusters. |
| MLIT Real Estate Information Library | Government-run portal for exploring actual transaction price information. | We used this to triangulate Nagoya price bands and verify neighborhood premiums. It serves as a cross-check against private listings. |
| LIFULL HOME'S Market Index | Major Japanese property portal with consistent methodology for ward-level indicators. | We used this to quantify central Nagoya (Naka-ku) premiums versus citywide averages. It helped us benchmark what premium areas cost compared to the city overall. |
| Nagoya City Tax Rate Page | Official city government source stating the actual tax rates applied. | We used this to state the annual holding tax rates clearly (1.4% + 0.3%). It converts complex tax rules into practical expectations for buyers. |
| National Tax Agency Stamp Duty Table | Japan's tax authority providing the official stamp duty schedule. | We used this to quantify stamp duty on purchase contracts based on transaction amounts. It anchors our closing cost estimates with official figures. |
| Bank of Japan FX Rates | Central bank providing official market data references. | We used this to justify our USD/JPY conversion rate for early 2026 budget calculations. It ensures our dollar amounts reflect realistic exchange rates. |
| Cabinet Office Land Notification Overview | Japanese government explaining the compliance requirement for designated areas. | We used this to explain the notification requirement that foreigners sometimes miss. It keeps our buyer guidance grounded in actual law rather than rumors. |
| MLIT National Land Numerical Information | Official government data distribution page for land price publications. | We used this to understand which areas command premiums based on underlying land values. It provides the methodology behind neighborhood price differences. |
| Global Property Guide Japan Analysis | Established international property data source with consistent methodology. | We used this to verify Nagoya's market trends and annual price growth figures. It provides context for how Nagoya compares within Japan's overall market. |
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Japan. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
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