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Fenix Furano 508/509 – Dual-Key

¥152,000,000
USD: $980,645
Price per sqm: ¥2,083,905
Price per Tsubo: ¥6,888,940
2
2
72.94sqm
2022
Hokkaido, Furano
14-15 Kitanomine, Furano, Hokkaido 076-0034

Price reduced!
Fenix Furano 508/509 – Dual-Key Investment Opportunity Steps from the Gondola

Positioned in one of Furano’s most desirable resort locations, Fenix Furano 508/509 presents a rare opportunity to secure a premium dual-key apartment directly adjacent to the Kitanomine Gondola. Combining exceptional lifestyle appeal with strong investment fundamentals, this versatile residence offers flexibility, income potential, and long-term capital growth in one of Japan’s fastest-growing alpine destinations.

Fenix is a collection of three condominium hotels located in the heart of Furano’s renowned Kitanomine ski village. As one of the resort’s most successful developments, Fenix has become synonymous with quality accommodation, outstanding guest demand, and convenient access to year-round attractions.

International visitation to Furano has grown substantially in recent years, driving strong demand for high-quality accommodation in a market where new supply remains limited. As a genuine four-season destination welcoming approximately two million visitors annually, Furano continues to benefit from strong occupancy rates and attractive rental yields throughout the year.

Completed in 2020, Fenix Furano sold out within just three months of launch, reflecting strong investor confidence in the resort’s long-term growth. The project’s success led to the subsequent development of Fenix East and Fenix West, further strengthening the brand’s presence within the market.

Unit 508/509 is a highly sought-after dual-key residence comprising two bedrooms and two bathrooms, positioned to enjoy views towards the ski hill. The flexible configuration allows owners to maximise rental returns while retaining personal usage options, making it an ideal investment property or alpine retreat.

A standout feature of this apartment is its unique dual-title ownership structure. This provides the future owner with the flexibility to separately sell either side of the residence if desired, creating additional investment and exit strategies rarely available within the Furano market.

The property offers a net internal area of 72.94 sqm, complemented by 17.07 sqm of balcony space, delivering a total exclusive area of 90.01 sqm. Contemporary finishes, spacious living areas, and a prime resort location combine to create a compelling ownership opportunity.

Located just moments from the Kitanomine Gondola and within easy walking distance of Furano's restaurants, cafés, bars, and year-round attractions, Fenix Furano 508/509 represents an exceptional opportunity to acquire a versatile, income-producing asset in one of Japan's premier resort destinations.


Property Highlights

  • Prime location adjacent to the Kitanomine Gondola
  • Dual-key two-bedroom, two-bathroom residence
  • Unique dual-title ownership structure
  • Ski hill views
  • Net internal area: 72.94 sqm
  • Balcony area: 17.07 sqm
  • Total exclusive area: 90.01 sqm
  • Strong rental income potential
  • Walking distance to restaurants, cafés, and village amenities
  • Proven Fenix development with established rental performance
  • Excellent lifestyle and investment opportunity

Images are indicative only.

FAQ

1. Sales Process

Answer: The process begins with a formal offer (Offer Acceptance). Once accepted, NISADE drafts the Sale and Purchase Agreement and the Statement of Important Matters. After signing, the buyer pays a deposit to a solicitor’s trust account. Legal documents like the Power of Attorney (POA) and Affidavit are then executed and notarized to finalize the title transfer at settlement.
Answer: The standard timeline for title transfer and closing in the Niseko area is approximately 4 to 6 weeks, though this can be adjusted based on the agreement between the buyer and seller.
Answer: No. Japan offers 100% freehold ownership rights. There are no legal restrictions on foreigners (individuals or entities) purchasing or owning real estate or land in Japan.

2. Investment & Returns

Answer: Niseko is Japan’s fastest-growing real estate market. It has evolved from Asia’s top winter destination into a year-round resort featuring world-class gastronomy and wellness. Significant institutional investment from global firms continues to drive the region’s development.
Answer: Properties typically see between 90 to 120 days of occupancy per year. Net yields generally range from 1% to 3%, depending on owner usage. Returns can be optimized by ensuring availability during peak periods like Christmas, New Year, and Chinese New Year.

3. Costs & Taxes

Answer: Buyers should budget approximately 5% of the purchase price for closing costs. This includes solicitor fees, acquisition taxes, stamp duty, and agency commissions (typically 3% + ¥60,000 for secondary market sales).
Answer: Owners are subject to an annual Fixed Asset Tax, calculated at 1.4% of the government-assessed value (usually lower than the market price). Additionally, if the property generates rental income, net profits are subject to Japanese Income Tax.

4. Property Management

Answer: Management typically covers reservation handling, general maintenance, utility bill payments, cleaning, laundry, snow clearing, and comprehensive fiscal/accounting services for the owner.
Answer: Management fees generally total around 35% of the nightly rate (split into a 10% administrative fee and a 25% rental management fee), plus annual fixed maintenance costs.

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3-17 Niseko Hirafu 1-jo 4-chome, Kutchan-cho, Abuta-gun, Hokkaido 044-0080, Japan.
Tel: +81 (0) 136-21-5811 Whatsapp: +819083676683 Email: [email protected]

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Fenix Furano 508/509 – Dual-Key
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