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Rusutsu Hills Grand Estate

¥235,854,080
USD: $1,521,639
Price per sqm: ¥106,478
Price per Tsubo: ¥351,995
N/A
N/A
2215.04sqm
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Hokkaido, Rusutsu
Izumikawa, Rusutsu Village, Abuta District, Hokkaido

Located within Rusutsu Hills, this four-lot landholding is approximately a two-minute drive from the Rusutsu Resort. Its position close to the resort, combined with the scale of the site, offers a compelling setting for a considered residential or development project.

The property comprises Lots A (506.09 sqm), B (528.84 sqm), C (549.81 sqm) and D (630.30 sqm), with a total area of approximately 2,215.04 sqm. The lots are offered only as one package. The combined site allows for a range of possibilities, from a single substantial building to several residences, subject to applicable approvals.

Rusutsu Hills has restaurants, a spa and a gym, allowing owners and guests to enjoy a comfortable stay without needing to drive farther afield for these amenities. Restaurants, convenience stores and other local amenities are also close by. In winter, the area is framed by snow-covered landscapes and surrounding mountains. In summer, lush greenery and the natural setting offer a peaceful place to unwind. Skiing, golf and tennis add to the area’s year-round appeal.

Whether envisioned as a private alpine retreat or a development with income potential, Rusutsu Hills Grand Estate offers flexibility, resort access and a substantial land area in one setting.

Property Highlight

  • Located within Rusutsu Hills
  • Approximately two minutes by car from the Rusutsu Resort
  • Close to restaurants, convenience stores and local amenities
  • Four adjoining lots offered only as one package
  • Total land area: approximately 2,215.04 sqm
  • Scope for one substantial building or multiple residences, subject to approvals
  • Rusutsu Hills amenities include restaurants, a spa and a gym
  • Seasonal activities include skiing, golf and tennisNote: Images are for illustrative purposes 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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