Real Estate

Japan is a country rich in culture, tradition, and history, but it’s also battling a growing challenge: vacant or abandoned houses, known as akiya. Currently, there are over 9 million akiya across the country — a number that’s growing due to population decline, an ageing society, and a shortage of heirs. This phenomenon, however, brings a unique opportunity for prospective homeowners and investors. Let’s break down everything you need to know about Akiya homes in Japan. What Are Akiya Homes? Akiya (空き家) directly translates to “vacant houses” in Japanese. These are typically residential properties left abandoned due to a range…