Investing in Real Estate in Toyama: A Comprehensive Report
Toyama Prefecture, situated in the Chubu region of Japan, is an area brimming with cultural heritage, natural beauty, and economic opportunity. Despite its relatively modest size, Toyama presents a unique real estate market worth exploring for investors and homebuyers alike. This report delves into the current state of the real estate market in Toyama, focusing on transaction trends, price per square meter trends, and depreciation rates to offer comprehensive insights into the investment opportunities within the prefecture.
Ratio of population of foreigners (per 100,000 persons)
1577.7
Aging index
301.8
Rate of population change
-0.78%
Yearly average of air temperature
15.1
Yearly average of relative humidity
77%
Yearly clear days
12
Number of elementary schools (per inhabitable area 100 km2)
9.66
Number of lower secondary schools (per inhabitable area 100 km2)
4.13
Number of upper secondary schools (per inhabitable area 100 km2)
2.66
Percentage of persons employed
96.9%
Unemployment rate (Both sexes)
3.1%
Percentage of owned houses
76.8%
Number of retail stores (per 1,000 persons)
8.86
Number of eating and drinking places (per 1,000 persons)
3.86
Number of department stores and general merchandise stores (per 100,000 persons)
0.98
Number of traffic accidents (per 100,000 persons)
192
Number of recognitions of criminal offenses (per 1,000 persons)
4.44
Amount of damage by disasters (per capita)(30 years average)
￥4197
Areas in Toyama
| Area | Median Price per m² | Growth over last 5 years |
|---|---|---|
| Toyama City | ￥100,000 | -19.4% |
| Takaoka City | ￥36,363 | -52.2% |
| Imizu City | ￥34,762 | -62.9% |
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