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Rusutsu Development Opportunity with Mt. Yotei Views – Block B

¥194,000,000
USD: $1,251,613
Price per sqm: ¥18,080
Price per Tsubo: ¥59,769
N/A
N/A
10730sqm
N/A
Hokkaido, Rusutsu
Toyooka, Rusutsu, Hokkaido 048-1712

Located around eight minutes by car from Rusutsu Resort, this 10,730 sqm site offers a rare amount of space in a convenient position close to the resort. The land is predominantly flat and surrounded by mature silver birch trees, with open views towards Mt. Yotei, Mt. Shiribetsu and Rusutsu Resort.

The location works well for both winter and summer use. Rusutsu’s ski slopes are within easy reach, while golf, hiking and other outdoor activities become part of the experience through the warmer months. Niseko and Lake Toya are also accessible by car, giving the property a practical base for exploring the wider area while retaining a quieter, more private setting away from the main resort centre.

With more than 10,000 sqm of land, the site provides considerably more flexibility than a typical residential parcel in the Rusutsu area. The predominantly level ground could suit a large private residence, family retreat or a small-scale villa development, subject to planning and other applicable requirements. Block A is also available, providing an option to create a substantially larger holding for buyers considering a broader development concept.

For a buyer looking for space, privacy and close access to Rusutsu Resort, the property presents a straightforward proposition. Sites of this size with open mountain views and convenient resort access are limited, making the land suitable for both private use and longer-term development planning.

Property Highlights

  • 10,730 sqm / approximately 3,246 tsubo
  • Approximately 8 minutes by car to Rusutsu Resort
  • Views towards Mt. Yotei, Mt. Shiribetsu and Rusutsu Resort
  • Predominantly flat land with mature silver birch trees
  • Suitable for a private residence or small-scale villa development, subject to planning
  • Convenient access to Niseko and Lake Toya
  • Adjoining Block A is also available

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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Rusutsu Development Opportunity with Mt. Yotei Views – Block B
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