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The Global Properties website currently showcases over 2,000 listings of properties for sale in Shibuya, sourced from reputable real estate agencies and directly from developers of houses in Japan.
Each listing provides comprehensive information about the property's characteristics, pricing, floor plans and descriptions, enabling prospective buyers of property in Shibuya to thoroughly evaluate the available options and find the one that best suits their needs.
Upon reviewing the listings, buyers can directly contact the sellers via phone or private messages to discuss the details and initiate the purchase process.
- Average selling price: 62 million Japanese yen (around USD 535,000)
- Average market price per m²: 850,000 Japanese yen (around USD7,300/m²)
- Minimum cost: 35 million Japanese yen (around USD 300,000)
- Most expensive option: 1 billion Japanese yen (around USD 8,600,000)
Over the last year, the average price has increased by 6.2%.
- Minimum area: 35 m²
- Average area: 65 m²
- Maximum area: 350 m²
The most popular areas to purchase investment real estate in Shibuya include:
- Shibuya Station
- Shoto
- Yoyogi-Uehara
- Higashi
The city offers a variety of atmospheres and experiences. The central part, around Shibuya Station, is bustling with energy from the famous Shibuya Crossing, numerous shops, restaurants and entertainment venues. This neighbourhood is ideal for those who enjoy being in the centre of the action. The market in this particular area primarily comprises high-rise apartments with stunning city views and modern amenities.
Real estate in Shibuya
Shibuya is a vast cosmopolitan district in central Tokyo renowned for its high-end shopping, dining and entertainment. It’s a popular choice for both local and international buyers seeking apartments in Japan. Several neighbourhoods stand out as particularly desirable for acquiring real estate in Shibuya for investment:
- Ebisu: Known for its upscale restaurants, boutiques and art galleries, Ebisu boasts an average price of approximately USD 650,000 for a 2-bedroom apartment, with rental yields around 3–4%;
- Daikanyama: This trendy, tree-lined neighbourhood is popular among young professionals and creatives. Real estate prices in Shibuya, specifically in Daikanyama, typically range from USD 400,000 to USD 900,000 for a 1- or 2-bedroom unit, with rental yields averaging 4–5%;
- Hiroo: An affluent residential area that attracts families and diplomats, the cost of real estate in Shibuya for a 3-bedroom apartment in Hiroo is USD 1 million, with rental yields of 3–4%;
- Harajuku: Known for its vibrant youth culture and high-street fashion, Harajuku also offers a residential component, with apartments averaging USD 500,000 for a 1-bedroom and rental yields around 4%.
Reasons for investing in real estate in Shibuya
Among the reasons to buy properties in Shibuya, Japan, several stand out:
- Strong rental demand: The region attracts both domestic and international tenants due to its lively atmosphere and excellent transport links. The average occupancy rate for flats is around 95%;
- High capital appreciation: Property prices have consistently outperformed the Tokyo average, with an average annual price growth of 7% over the last 5 years;
- Diverse real estate options: The district offers a wide range of flat types, from compact studios to spacious penthouses, catering to different buyer preferences and budgets. The district's market includes over 25,000 residential units, as indicated by a recent industry report;
- Significant commercial activity: Shibuya is home to the busiest pedestrian crossing in the world, known as the "Shibuya Crossing," which attracts millions of visitors annually;
- Stable political and economic environment: Japan is renowned for its political stability and robust economy, boasting a GDP of USD 5.1 trillion in 2021. This makes it an attractive destination for investors seeking long-term, low-risk returns;
- Tax incentives for foreign investors: The Japanese government offers various tax incentives, including reduced property transfer taxes and capital gains tax exemptions, to encourage foreign investment in the country, including the local real estate sphere;
- Low interest rates: Japan's interest rates have remained low for an extended period, making it more affordable for investors to secure financing for property purchases.
Buying real estate in Shibuya
The dynamic market of real estate in Japan offers both opportunities and complexities to investors and homebuyers. Our website stands out as a leading property aggregator in the industry, designed to streamline the process with its extensive database and advanced features.
Key Benefits of using our site:
- Access to a vast property database;
- Personalised search capabilities;
- Comprehensive market insights;
- Collaboration with industry experts.
Our site offers access to over 2,000 options of property for sale in Shibuya, including apartments, commercial spaces and more, across the city's diverse neighbourhoods.
The platform's simple interface and filters enable users to search for apartments in Japan based on criteria such as budget, size and property type, streamlining the process decision- making process.
We provide in-depth market analysis, highlighting strong economic growth (GDP) and the city's potential for capital appreciation (average annual price appreciation: 6.4% over the past 5 years).
Users can connect with local real estate professionals who offer valuable guidance on property selection, financing and the nuances of the local market.