
Sacred mountain
Koyasan
A 1,200-year-old Buddhist temple town high in the mountains, a UNESCO World Heritage site where monasteries, cedar forests, and pilgrim lodgings set a uniquely serene pace.

Wakayama Prefecture · 和歌山県
Wakayama is the spiritual, scenic tip of the Kansai region: Mount Koya’s temples, the Kumano pilgrimage trails, hot-spring beaches, and some of the most affordable property in the country. Foreigners can buy here with no visa required. See what your budget can buy.
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¥8.0M
US$51K
median Wakayama listing price, Q1 2026
UNESCO
sacred sites of Koyasan and the Kumano Kodo
Pacific
beaches, hot springs, and a mild southern coast
~1 hr
from Wakayama City to Osaka by train
Current asking prices across Japan, shown in yen and USD. USD amounts use the November 2, 2026 reference rate of ¥157.64 per US$1.
Plan your full budget: home price plus 6 to 10 percent for purchase costs, repairs, and first-year costs.
Compare Wakayama with the rest of Japan: house prices by prefecture and city, houses for sale across Japan, and lower-priced houses in Japan.
Wakayama is the spiritual, scenic tip of the Kansai region: Mount Koya’s temples, the Kumano pilgrimage trails, hot-spring beaches, and some of the most affordable property in the country.
Wakayama’s Q1 2026 median is just ¥8.0M (about US$51K), among the lowest of any prefecture. Akiya along the coast and in the mountains can cost very little.
Mount Koya is the 1,200-year-old center of Shingon Buddhism, a UNESCO temple town where you can stay, and live, among working monasteries.
Wakayama holds most of the Kumano Kodo, the UNESCO pilgrimage routes that wind through deep forest to the grand shrines and Nachi Falls.
Shirahama’s white-sand beach and hot springs, the cliffs of Sandanbeki, and a warm Kuroshio climate make the coast a year-round draw.
Wakayama City is about an hour from Osaka, so the prefecture combines remote scenery with surprisingly real access to a major metro.
Fishing villages, citrus farms, and mountain hamlets across Wakayama offer abundant, very affordable akiya for buyers who want room and quiet.
Wakayama is mountain-temple and wild-coast country at standout prices. Here are a few of the areas buyers ask us about most.

Sacred mountain
A 1,200-year-old Buddhist temple town high in the mountains, a UNESCO World Heritage site where monasteries, cedar forests, and pilgrim lodgings set a uniquely serene pace.

Pilgrimage coast
The southern Kumano region, home to the grand shrines, Nachi Falls, the Kumano Kodo trails, and hot-spring fishing towns along a dramatic Pacific coast.

Capital & Osaka access
The castle-town capital in the north, the prefecture’s urban hub with city amenities and the easiest access to Osaka, roughly an hour away by train.

Pilgrimage
The spiritual heart of the Kumano region, where Japan’s largest torii marks the old Hongu shrine site, surrounded by forest trails and riverside hot springs.

Beach resort
Wakayama’s famous beach resort, with white sand, seaside hot springs, and a warm climate, a longtime summer escape for the Kansai region.

Southern cape
Honshu’s southern tip at Kushimoto, where the row of Hashigui-iwa rocks marches into the sea, with diving, coral, and dramatic Pacific scenery.
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Foreign buyers can own land, houses, and condominiums in Wakayama, with or without residency.
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It depends on your goal. For city amenities and Osaka access, look at Wakayama City and the north. For the coast, hot springs, and beaches, consider Shirahama and the western shore. For mountains and spiritual life, explore Koyasan and the Kumano region in the south. A free Market Match shows where your budget and must-haves fit current homes.
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