Photos (6)

Kitanomine, Furano Commercial Investment Property

¥398,000,000
USD: $2,567,742
Price per sqm: ¥1,942,032
Price per Tsubo: ¥6,419,940
N/A
N/A
204.94sqm
2020
Furano
Kitanomine, Furano, Hokkaido, Japan

Positioned in Furano’s well-established Kitanomine district, this modern commercial property presents a compelling investment opportunity in one of Hokkaido’s most recognised alpine destinations. Completed in June 2020, the property occupies a substantial 979.50 sqm landholding with a 204.94 sqm building and benefits from a highly accessible location, approximately 4 minutes by car from Kitanomine Ski Resort and 8 minutes from Furano Station.

Currently leased to Lawson, one of Japan’s leading convenience store operators, the property provides the stability of an established commercial tenancy in a market where year-round visitor numbers continue to support local retail demand. Its prominent positioning offers convenient access for both residents and tourists, while serving the surrounding accommodation, residential neighbourhoods, and resort community.

As Furano continues to attract domestic and international visitors across all four seasons, well-located commercial assets with secure tenants remain a limited segment of the market. The property’s modern construction, generous site area, and strategic location contribute to its long-term investment appeal while also providing flexibility for future ownership strategies, subject to applicable regulations and lease arrangements.

Combining a contemporary building, a proven tenant, and a prime location close to Furano’s ski infrastructure, this property represents an opportunity to secure a quality commercial asset in one of Japan’s most established mountain resort markets.

 

Key Highlight

  • Modern commercial building completed in June 2020
  • 979.50 sqm landholding
  • 204.94 sqm building
  • Currently leased to Lawson
  • Approximately 4 minutes by car to Kitanomine Ski Resort
  • Approximately 8 minutes by car to Furano Station
  • Located in Furano’s established Kitanomine district

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.

More Properties

Land
N/A
330sqm
Hokkaido, Rusutsu
Commercial
N/A
204.94sqm
Furano
Land
N/A
51317sqm
Hokkaido, Niseko

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]

©NISADE Real Estate. All rights reserved.

Inquiry About This Property

If you’re having trouble submitting this form, please contact us directly [email protected]

Kitanomine, Furano Commercial Investment Property
Fill out the contact form below and we will get in touch.