While Niseko often seems to grab the headlines when it comes to skiing in Japan, the Nagano region was the last Japanese resort area to hold the winter olympics and has some great, if aging, infrastructure in place.
Resorts all over the region are working to renew that on-mountain experience, like Nozawa Onsen’s new gondola, Patience Capital’s investment in Madarao and Hakuba’s continued growth.
“The Nagano resorts get a disproportionate amount of enquiries through Uchi“, states Chris Pickering – founder of Japan’s number one resort real estate site. “Despite having few listings in total, I think people really sense value there. There may not quite be the level of luxury or international tourism setup that you see up in Hokkaido, but there are some really great investment opportunities and the tide is definitely rising.
“Over the last 12-18 months there have been so many transactions across the likes of Madarao and Hakuba – interest remains sky high and the Hakuba Resort page is actually the most popular resort review we have on the site!”
You can see all the current Nagano listings by clicking here or check out ten picks from Chris below.
Kuma Lodge Madarao
Price: 89m JPY ($600k USD)
This lodge is ranked number 1 on TripAdvisor and the price was recently reduced – just look at the views from the window and you can see why people love it!
VIEW LISTINGHirakawa House Hakuba
Price: 59m JPY ($390k USD)
A 5 bedroom holiday home located in the popular Misorano area of Hakuba
VIEW LISTINGTangram Madarao Resort Land
Price: 4.95m JPY ($30k USD)
Over 1,000 sqm of land for only $30k… Tangram ski resort is connected to Madarao and also has a lovely golf course for summer too!
VIEW LISTINGJade Chalets Hakuba
Price: 250m JPY ($1.65m USD)
A bit more luxe! But these two 3 bedroom homes offer great rental returns from over 185 nights of occupancy per year.
VIEW LISTINGMadarao Central Land
Price: 420m JPY ($280k USD)
A prime development site in the centre of Madarao Resort. With the recent acquisition of the ski hill by Singaporean fund Patience Capital, the upside potential is clear.
VIEW LISTINGKawamotoya Penthouse
Price: 345m JPY ($2.3m USD)
The only such property available in Nozawa Onsen, this really is one of a kind. Sitting on top of the newly remodelled Kawamotoya building, this 4 bedroom residence offers amazing views and of course access to one of the most popular resorts in Japan.
VIEW LISTINGMelo Lodge Hakuba
Price: 199m JPY ($1.3m USD)
Ideally located close to Echoland – the vibrant heart of the restaurant and bar scene in Hakuba – this lodge boasts great access to the best ski hills in Hakuba Valley.
VIEW LISTINGMadarao Prime Land
Price: 33m JPY ($220k USD)
This 1,250sqm site is located just a 1-2 minute walk from the main resort and is ideal for a chalet, lodge, or townhouses. The land slopes down at the back ensuring uninterrupted views across the valley.
VIEW LISTINGMadarao Lodge Nona
Price: 58m JPY ($390k USD)
Lodge Nona is an excellent lifestyle investment featuring 14 bedrooms across 548sqm and sits on 1,496sqm of land in the heart of Madarao. It is located just a few minutes walk from the Madarao Ski Resort lifts.
VIEW LISTINGHotel Schon Wald – Hakuba
Price: 280m JPY ($1.85m USD)
Hotel Schon Wald’s location is unbeatable – this hotel is surrounded by a forest and is ski-in ski-out to the slopes of the Hakuba Goryu ski resort, one of Hakuba Valley’s premier resorts. Goryu is also connected to Hakuba 47, another popular resort, providing access to endless runs.
VIEW LISTINGNot a Nagano fan? Search here to find your ideal property in the best ski resorts Japan has to offer!
July 7, 2024
Hello
I am wanting to buy a small lodge in or around the hakuba region. If you had anything that isn’t on the market yet I would love to be contacted.
Thanks so much