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The Setsumon 501 Dual-key Penthouse

¥250,000,000
USD: $1,612,903
Price per sqm: ¥1,612,903
Price per Tsubo: ¥5,331,911
3
3
155sqm
N/A
Hokkaido, Niseko, Hirafu
Kutchan, Hokkaido 044-0081

Price Reduced – Stylish Duplex Penthouse in the Heart of Hirafu

Perfectly positioned in the centre of Hirafu, this stylish duplex penthouse offers an exceptional opportunity to secure a premium alpine residence within walking distance of Niseko’s most popular restaurants, shopping precincts, and ski lifts.

Featuring a spacious rooftop terrace and thoughtfully designed dual key layout, this sophisticated three-bedroom penthouse combines lifestyle appeal with outstanding rental flexibility. The property can be operated as a luxurious three-bedroom penthouse or separated into a two-bedroom apartment with an adjoining self-contained studio complete with its own fully equipped kitchen — ideal for maximising rental returns.

Designed with both comfort and functionality in mind, the residence features a spacious open-plan living and dining area complemented by high-quality finishes throughout. The modern kitchen is fully appointed with premium Miele appliances, creating an elegant and practical entertaining space.

Each bedroom enjoys its own private balcony along with stunning views of Mt. Yotei, while the expansive rooftop terrace and jacuzzi are perfectly positioned to capture spectacular sunsets and panoramic views towards Mt. Annupuri.

Property Features

  • Prime central Hirafu location
  • Duplex penthouse design
  • Spacious rooftop terrace with jacuzzi
  • Flexible dual key configuration
  • Three-bedroom layout
  • Option to operate as 2-bedroom + studio
  • Fully equipped secondary kitchen
  • Open-plan living and dining area
  • Premium Miele kitchen appliances
  • High-quality finishes throughout
  • Private balconies for all bedrooms
  • Mt. Yotei views
  • Rooftop views towards Mt. Annupuri
  • Walking distance to restaurants, lifts, and shopping

This is a rare opportunity to secure a premium penthouse residence in one of Niseko’s most sought-after locations, combining strong lifestyle appeal with excellent investment potential.

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

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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The Setsumon 501 Dual-key Penthouse
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