“Value” is a difficult term to define, especially when it comes to ski resort real estate in Japan, but Uchi CEO Chris Pickering thinks he has 10 properties that will tick all your boxes.
“When people are looking for ski property options in Japan, they often focus on price, which is of course one definition of good value. And this in turn sometimes leads people away from Niseko in particular due to the impression of higher prices. But this ignores the fact that Niseko remains the number one ski resort in terms of popularity and visitation, not only in Japan but throughout the whole of Asia.
“In the case of Niseko, and specifically the main village of Hirafu, I would therefore define value not by the sticker price, but by the relative price compared to other similar properties.
“Below I have pulled out 10 properties that are below or around the 1 million yen per sqm mark. This price point is significantly below the average price in Hirafu for a house or apartment and therefore I think they all warrant a second look and a discussion with the selling agents about rental revenue and occupancy.
“But regardless of rental returns, I think they offer great value for a lifestyle investment and a way into Niseko-Hirafu resort – plus they are all well under $1 million USD. If you want more properties like this, sign up to Uchi at uchijapan.com.”
Kenobi – St Moritz Cabin
Price: 88m JPY ($600k USD)
Size: 115sqm 3 bedroom house
Price/sqm: 770k JPY
Yama Shizen West 302
Price: 99m JPY ($680k USD)
Size: 120sqm 3 bedroom apartment
Price/sqm: 820k JPY
Birch Grove
Price: 129m JPY (880k USD)
Size: 143sqm 4 bedroom house
Price/sqm: 900k JPY
Kamakura 2
Price: 65m JPY ($450k USD)
Size: 97sqm 2 bedroom apartment
Price/sqm: 670k JPY
Akazora 106
Price: 51.5m JPY ($350k USD)
Size: 53sqm 1 bedroom apartment
Price/sqm: 965k JPY
Kisetsukan 202
Price: 94m JPY ($640k USD)
Size: 94sqm 3 bedroom apartment
Price/sqm: 1m JPY
Avalon Chalet
Price: 110m JPY ($750k USD)
Size: 110sqm 3 bedroom house
Price/sqm: 1m JPY
The Setsumon 101
Price: 110m JPY ($750k USD)
Size: 105sqm 2 bedroom apartment
Price/sqm: 1.05m JPY
Niseko Landmark View 103
Price: 99m JPY ($680k USD)
Size: 91sqm 2 bedroom apartment
Price/sqm: 1.09m JPY
The Freshwater 301
Price: 92m JPY ($630k USD)
Size: 84sqm 2 bedroom apartment
Price/sqm: 1.1m JPY
Head to uchijapan.com/properties to search almost 1,000 properties from across Japan.