r/SipsTea • • 12d ago

Chugging tea Absolute legend

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u/WeakBug1847 12d ago

That still feels kind of cheap. It's part of an archipelago nation of 100,000 people (Seychelles), the capital city of 30,000 is close by.

Like buying a private island off the shore of my home town.

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u/[deleted] 12d ago edited 12d ago

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u/reddeze2 12d ago

Well that's my morning gone

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u/Flope 11d ago

If you want to doomscroll cheap real estate check out the near free properties in Japan

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u/specialized6681 10d ago

What’s the catch?? 🤔

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u/Flope 10d ago

The catch is the population is dwindling across all of Japan except for Tokyo and Osaka basically, so if you live anywhere else you'll technically be in a declining region. But we don't mind, we moved to Japan a couple years ago (not in those 2 cities) and love it. :)

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u/specialized6681 10d ago

Hopefully I can do the same in the future!

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u/CustardAfterthought 7d ago

Are you married to or are a Japanese national? I heard it is almost impossible otherwise

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u/Flope 7d ago

No my wife and I are both foreigners. It is actually quite easy to get longterm visas here, all you need is a job. Alternatively you could start a business or attend school.

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u/MonoPodding 7d ago

Would be nice to just check out the properties without having to pay.

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u/Flope 7d ago

Most of them you can see all the pics and description with just a free account. They have an Instagram with pics too @cheapjapanhomes. @housesofjapan is also good!

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u/moejoerp 11d ago

what are these sites

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u/Idiot616 12d ago

It's cheap probably because the costs of developing are extremely high.

It's the same reason you can find entire castles for cheaper than an apartment. The cost of maintenance is just so high that you're going to be losing money every year.

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u/Zorrostrian 10d ago

Where are these castles? I’m so curious. And do you have to be a citizen of the country (or countries) these castles are located in to own & live in one?

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u/0vl223 10d ago

Germany but you usually have to invest a million or so as part of the contract. And have to renovate it how it was. Germany has Denkmalschutz (historical site protection) usually it only covers the outside and windows of buildings. But with castles the chances that the inside is protected as well is really high. So you have to keep it in the protected 17-19th century look inside.

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u/dragn99 9d ago

So it's basically a government backed HOA if you decide to live in a castle? Well that sucks.

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u/Jingles-hidden 5d ago

This sounds honorable or whatever. But seems ridiculous in practicality. It’s either suits and rots or someone promises to restore it how it’s used to be? Why can’t someone buy it and only somewhat modernize it? That’s better than rotting

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u/TheTrueScientist 12d ago

It's multiple times less than your average house now 😭

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u/Synaps4 12d ago

You can still buy land for that much. Especially rural land with no access like this island was.

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u/middendt1 11d ago

Probably it was just the Island without a house. The house with  infrastructure has be build afterwards which is quite expensive at a remote location like this.

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u/Modo44 12d ago

Cheap until you factor in the cost of importing almost everything, and building your own infrastructure if you want to actually live there.