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Onsen Development Land Moiwa

¥680,000,000
USD: $4,387,097
Price per sqm: ¥17,606
Price per Tsubo: ¥58,200
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38624sqm
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Hokkaido, Niseko, Moiwa
Yusato, Rankoshi, Isoya District, Hokkaido 048-1321, Japan

Positioned along the scenic Route 66 Panorama Line, this rare landholding sits within a natural traffic funnel just 5 minutes from the Moiwa Resort ski slopes. The site is bordered by two dramatic rivers and includes three active onsen wells, providing exceptional potential for a boutique hospitality or luxury residential development.

With panoramic views toward Mt. Annupuri and close proximity to several operating onsen hotels, the location offers both convenience and an immersive natural setting. The estate comprises 29 plots totaling approximately 35,000 m², and currently includes the remains of two buildings and one existing structure.

Given its scale, access, and natural hot spring assets, this property represents a high-value opportunity for developers seeking to establish a premium project within the Niseko market.

Key Features

Prime Location:

  • Along Route 66
  • 10 minutes to Niseko United ski slope
  • 2-3 minutes to Annupuri & Moiwa onsen villages

Natural Assets:

  • Two rivers running through and alongside the property
  • Three active onsen wells on site
  • Scenic views of Mt. Annupuri

Development Potential:

  • Approximately 29 subdivided plots
  • Total site area: ≈35,000 m²
  • Suitable for:
    • High-end boutique onsen hotel
    • Luxury riverside villas or townhouses
    • Nature-focused retreats or wellness concepts
  • Existing Structures:
    • Two old building foundations
    • One remaining structure for potential reuse or redevelopment
  • Strategic Opportunity:
    • Rare onsen-equipped landholding
    • Excellent positioning for developers entering the Niseko luxury and wellness market
    • Strong long-term potential as demand for natural hot-spring, riverfront, and low-density projects continues to grow

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]

©NISADE Real Estate. All rights reserved.

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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]

©NISADE Real Estate. All rights reserved.

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