05/09/2021
HOW MUCH DOES IT COST TO BUY A HOUSE IN OSAKA?
listing price for a newly constructed detached wooden house in Osaka
-Osaka (prefecture): ¥34,940,000 ($334,000)
-Osaka (city): ¥41,130,000 ($395,000)
What is the average sales price of a previously owned house in Osaka?
Osaka (prefecture): ¥18,570,000
Osaka (city): ¥21,550,000
Average of cities in northern Osaka prefecture: ¥26,110,000
* Ikeda, Mino, Toyonaka, Suita, Settsu, Ibaraki, Takatsuki, Mishima-gun, Toyono-gun
* Average of cities in eastern Osaka prefecture: ¥14,670,000
Kadoma, Moriguchi, Hirakata, Neyagawa, Katano, Daito, Shijonawate, Higashi Osaka, Yao, Kashiwara
Average of cities in southern Osaka prefecture: ¥15,760,000
* Takaishi, Kawachi Nagano, Matsubara, Habikino, Fujidera, Tondabayashi, Osakasayama, Minamikawachi-gun, Kishiwada, Izumiotsu, Kaizuka, Izumiotsu, Izumisano, Izumi, Sennan, Senboku-gun, Sennan-gun
Purchase fees and taxes
You should also factor in purchase fees and taxes to the total cost:
At the time of signing the Purchase and Sale Agreement:
Down payment (in most cases 10% to 20% of purchase price), miscellaneous expenses (roughly 1.7% of purchase price)
At or by the time of closing (handover of keys): Remainder of purchase price (purchase price minus down payment), miscellaneous expenses (roughly 6-10% of purchase price)
* Agent Fees: Generally 3.24% of purchase price + 64,800JJPY (this is the upper legal limit). One half of the agent fee is usually paid at the time of signing the purchase and sale agreement, with the balance due at closing.
1-2 years after purchase: Payment of Real Estate Acquisition Tax (varies depending on the property)
For more information
Contact us from Japan : 070-1730-7737
Contact outside Japan : +81-070-1730-7737