Yes, houses under 1 million yen can be found, especially in rural areas with vacant homes. But they are rarely simple turnkey homes.
Why the price is low
The home may be old, damaged, far from transport, difficult to finance, or expensive to renovate. In some cases, the owner mainly wants someone to take responsibility for the property.
Costs after purchase
- Registration and taxes
- Travel and inspection
- Cleaning and disposal
- Roof, structure, plumbing, and electrical repairs
- Heating, insulation, and pest control
Who should consider it
These houses suit buyers with time, renovation budget, local help, and realistic expectations. They are not good for buyers who need immediate rental income or easy resale.