ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Japan's empty old rural houses attracting overseas buyers

Foreign ownership of abandoned homes may change local attitudes

Lee Xian Jie, right, chats with locals at his restaurant next to the house he is renovating in Wakayama prefecture. (Photo by Takaki Kashiwabara)

TOKYO -- Foreigners are increasingly buying abandoned homes in Japan, especially old country houses featuring tatami mats and stylish alcoves, driven in part by a high regard for traditional Japanese culture and the weak yen.

Could this recognition of old houses as valuable assets flip Japan's attitude about what many consider decrepit eyesores?

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more