NISADE REAL ESTATE JOURNAL 2024 by NISADE2020

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e s tat e

2024 NISADEREALESTATE.COM

As the new GM for NISADE Services, and with the support of our founder and Chairman, Jonathan Martin, I have been tasked with rebranding and relaunching the NISADE property sales division to focus on the ever-growing luxury sector. NISADE have proven themselves in the market-place as one of the finest developers, project managers, and asset managers in Niseko, and it is my humble privilege to bring the sales division in line with, and beyond, that standard. What does ‘luxury’ in Niseko mean to us? Well, from our perspective, clients purchasing property here see it as a lifestyle asset with economic fundamentals, such as capital appreciation, underpinning the investment consideration. And lifestyle purchases should be fun! That’s not to mean you won’t get a fully professional property expert guiding you through the process, but we will certainly ensure you enjoy the experience. As is appropriate for the Chinese Year of the Dragon, you will see our new ‘flame’ motif throughout the Niseko area that serves as an invitation to come and see us at our new NISADE Property Lounge. Located at The Vale Niseko, this is a place for you to relax, unwind, and tell us how we can help you. With a roaring fire, fur-thrown leather sofas, complementary bar and an elegant Alpine-lodge vibe, it will be an entirely new and elevated buyer experience; a destination for the discerning buyer to explore the options in the market that best suit their ambition, whilst enjoying the casual warmth of laid-back conversation over a fine (and well-deserved) drink. The ‘buyer experience’ is one of the two core principles we will be focusing on as part of the rebranding exercise. You can rest assured that we won’t be trying to sell you anything, but we will be here to guide you through the buying process; to advise you and drive

your purchase through to an efficient and amicable conclusion – all in a relaxed and refined setting at the NISADE Property Lounge. Our second core principle is our commitment to those wishing to sell. With an unrivalled marketing platform we will be offering vendors and developers unique exposure to premium clients via our professional network and partnerships throughout the APAC region. For sellers, welcome to the only destination where luxury properties, prime land, and premium developments will be professionally represented with the right balance of experience, personality and sophistication. We are committed to ensuring that qualifying properties and projects will be given the attention and promotion they deserve. You will also see in this magazine, for the first time, a range of complementary lifestyle brands and sectors that the discerning buyer will either be familiar with already, or will have an interest in. We selected them carefully so we hope you agree they are befitting of a luxury lifestyle – in the mountains and beyond. We hope to bring some of these brands into Niseko over the prime season to add to the glamour and excitement of the area. Follow us on IG @nisaderealestate to keep up-to-date on our events calendar. As for me, my career in real estate began in 2003. I started my own firm a few years later before joining BBC1 as the ‘expert’ presenter on a TV property show. After three-years I joined the Berkeley Group running a luxury development in the City of London, however, it was a move to Hong Kong in 2014 that really propelled me further into this industry I love. They were 8 glorious years in Hong Kong; buying, selling, consulting, guiding, and advising some of the world’s largest funds and asset managers, as well as working directly with some wonderful, and very successful individuals. Whether it was grade-A commercial assets or international luxury residences, the enjoyment of getting the deal done, with an objective mindset and a personal approach, energized me and continues to do so. Niseko is a revered and mystical destination and its ethereal wonder combined with its international appeal will only continue to grow; I have no doubt that its upward trajectory is set for many years to come. That’s it for the words; the actions should do the talking. And so I conclude, with an invitation – if you are coming to Niseko this winter or are already in town, make sure to stop by the NISADE Property Lounge and say hello. We look forward to welcoming you soon.

Jonathan Benarr

Cover photo courtesy of KABA Niseko

We lcom e to t h e al l n ew 2 0 2 3 / 2 4 N ISADE Real Estat e Jou rnal

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2024

insights for 2024

featured areas

condominium hotels

04 | MARKET OVERVIEW

20 | HANAZONO

| NISEKO DEVELOPMENT PIPELINE

48 | ANNUPURI & NISEKO VILLAGE

| NEW WORLD LA PLUME NISEKO RESORT

| GOLF

| THE VALE RUSUSTU

| FULL CIRCLE: INTERVIEW

60 | FURANO

| RUSUTSU

80 | THE VALE NISEKO 84 | KYO

CON T E N TS

144

property listings

useful resources

89 | PENTHOUSE COLLECTION

144 | S ALES PROCESS

99 | APARTMENTS 123 | HOUSES 135 | LAND

146 | FAQ 148 | PROPERTY TAX GUIDE 150 | PRICING GUIDE 153 | N ISEKO ALPINE DEVELOPMENTS

Mar ke t Ove rvi ew

With an average snowfall of 12 to 15 meters each winter, many recognize Niseko as the only international-class ski resort in Asia, with no other location comparable. These world-renowned white winters of powder plus the widespread use of English and easy transport links from markets such as Singapore, Hong Kong, Shanghai, Taiwan and Seoul, mean there is little hassle for visitors from across the APAC region. Prime land prices in Niseko have risen consistently over recent years alongside increasing property values, making it the top real estate market for investment in Japan. With new hotels and increased foreign residential ownership, coupled with an ever-strengthening USD-JPY exchange rate, the growth in real estate investment is expected to continue. With its stunning natural landscape and comfortable temperatures, Hokkaido summers are popular with domestic and foreign tourists wanting to escape the humidity elsewhere. As such, Niseko is fast turning into a destination for yearround activities.

At a G la nc e : • Niseko’s real estate market continues upward momentum •

Property prices continue to increase

• Domestic buyers, particularly those from outside of Hokkaido are investing in hotel-branded projects and family-friendly properties • Demand is radiating to Niseko’s surrounding areas notably in Hanazono, Niseko Village and Annupuri • Development is spreading to areas farther away such as Kiroro, Rusutsu, Tomamu and Furano

T re n ds • In the condominium market, properties priced at 2m+ USD account for 11% of supply • House and land plots priced at 2m+ USD account for 23% of supply • This reflects a growing trend for luxury villas with land and onsen connections being an everincreasing ideal for buyers with long-term ownership preferences • The popularity of Hanazono and its proximity to Kutchan Town, where the Shinkansen will eventually arrive sees it account for 34% of the new development pipeline • There are approximately 370 new condominium units due to complete throughout 2023/24

Forwa r d Ou t look • The proliferation of Four and Five Star hotels see this sector account for 35% of the rooms/keys coming online over the coming five years • The Shinkansen train link between Hakodate and Sapporo via Kutchan Station is expected to be completed by 2031 but this is somewhat fluid • Hanazono is set to become the ultimate luxury location within the Niseko ski area

A Place For Al l S eason s When the big white melts away in favor of warmer temperatures, Niseko transforms into a fantastical fresh air destination. Amongst incredible natural settings and under stunning blue skies, to the wonder of star filled nights, the attraction of Niseko as a beyond winter destination continues to grow. Starting off with the cherry blossoms in Spring and ending with the amazing colors of Autumn, to a Summertime awash with outdoor activities; enthusiasts of golf, fishing, cycling, hiking, road-tripping, not to mention the local matsuri (festivals) and delicious seasonal food and beverages, will all be enchanted by the rich variety of offerings here in the mountains.

Au tu m n The most picturesque of the seasons with greens turning to yellow, amber and red. A perfect climate to enjoy the natural wonders of the region.

S pri ng Surrounded by farmland and orchards, the cherry blossoms and area comes to life, signaling the start of the new season.

Summer Warm weather, clean air and meadows resplendent with wildflowers; summer is a time to enjoy the great outdoors and the range of energy-filled activities the area has to offer.

Wi nt e r Powder time is back! With an enviable choice of on-piste and off-piste runs amongst some of the finest snow in the world, there is an abundance of options for winter enthusiasts to indulge in.

N is e ko Deve lopm e n t Pi pe l i n e With world-class developments in the pipeline, and leading global operators continuing to identify the Niseko region as a must-have in their hospitality portfolio, we have highlighted a few of the notable projects, both ongoing and to be confirmed, that are set to join the market.

· New World La Plume Niseko Resort

As is the case worldwide, developments sometimes get delayed, so we have used the current official delivery dates where available.

· Aura Niseko (TBA)

(2024/5)

· Nikko Style Niseko Hanazono (2024) · The Pavilions Niseko Resort (2024) · Capella Residences & Hotel (2026) · Six Senses Niseko (Nov 2027) · Aman Niseko (TBA)

· Zia Niseko (TBA) · Odin Hills (2024) · Hanacreek (2026 by news site in Apr 2023)

· KABA Niseko (Completed in 2021) · Park Hyatt Villas (Phase 1 2025) · Hoshinoya (2026)

Odin Hills

Gol f Niseko has built a well-deserved reputation for being the perfect golf destination for all levels of golfer. With three courses located within a short 15-minute drive from Hirafu and offering some amazing vistas of the surrounding mountains, they are some of the most idyllic courses in all of Japan. With the average summer temperature sitting around 26-28 degrees this makes for a very enjoyable day on the course. Unlike most courses In Japan there are no caddies provided here and you can play the full 18 holes without being made to stop for lunch, of course you can if you wish.

A 30-minute drive out of Hirafu will give you access to another five courses in the area, each of which offer spectacular views, and you are always sure to spot some of the local wildlife running around. With a round of golf at approximately USD$50 these are some of the most competitively priced courses in the country. The best months to play are June through to the end of September with the hottest months being July and August. Booking tee times in advance is recommended as it can be busy on the weekends but during the week is mostly fine.

Dream a little, travel a lot. A S I A’ S L A R G E S T VAC AT I O N R E N TA L M A N AG E M E N T

Full C i rc l e From manoeuvring downhill ski runs to tackling the ups and downs of the property business, founder of Niseko Alpine Developments Jonathan Martin is a master in handling life’s many unexpected twists. BY DUNCAN FORGAN As a dyed-in-the-wool ski fanatic, Jonathan Martin is familiar with embarrassing faceplants and spectacular bails. Even so, the founder of Niseko Alpine Developments (NISADE) – the pioneering real estate development and property management firm behind The Vale Niseko and other hotel and residential projects in Japan’s most famous winter sports hub – is feeling somewhat bruised by a sporting disaster that has just unfolded. He joined us on the line from Sydney just the day after his country, Australia, suffered a shock defeat to Fiji in the Rugby World Cup. The historic result – Fiji’s debut World Cup win against Australia and the first triumph over The Wallabies since 1954 – has put a damper on the day for Martin. Compounding matters, he is about to fly to New Zealand to cheer on his son Kai, an aspiring pro-skier, at a prestigious competition. “And here I was thinking that property development was a rollercoaster,” he laughs. “The atmosphere is toxic in Australia 16

Jonathan Martin

because of the result. But the last thing I need is for the Kiwis to gloat at me.” An amiable, jocular figure, Martin leaves us in no doubt that he will ride out any oval ball-related barbs in good humour. Besides, he has overcome far worse setbacks throughout an eventful career that has seen him ride out a series of hairy descents to remain at the pinnacle of Niseko’s property development scene. “It’s been a hell of a journey,” he says of a trajectory that has been brutally shaken not once but twice: first by the impact of the global financial crisis and then by the equally seismic shockwaves caused by the pandemic. Martin’s progression from life as a

Sydney-based financial advisor to a full-time Niseko resident and one of its most prominent foreign faces has had as many twists and turns as the giant slalom. These days, global winter sports fans and investors alike know Niseko as Japan’s reigning prince of powder; an interconnected series of resorts with more than 2,000 skiable acres and famous for its legendarily soft, light, and consistent snow. That, and its diverse dining and nightlife scene imbued with a distinct Japanese flavour. When Martin was tempted to Hokkaido by an offer to partner in real estate projects in 2006, Niseko was still little more than a mountain backwater with a reputation for great powder. Indeed, a sense for its

untapped potential allied with his passion for winter sports persuaded Martin to up sticks and head for the hills. “The planets aligned at exactly the right time,” he recalls. “I’ve been addicted to mountains from an early age. And when the suit and tie became tiring, thoughts gravitated back to snow. So, the journey began with a vision of how this place with insane powder snow – the lightest, driest on the planet – could be transformed into a truly worldclass destination.” An early realisation of that vision, The Vale Niseko remains one of NISADE’s key achievements. Comprising luxury, self-contained apartments in a superb ski-in/ ski-out location, the project also benefits from five-star amenities such as upscale dining, a heated outdoor swimming pool, a ski hire shop and outstanding service from its award-winning resort team. “It redefined the landscape,” says Martin of the flagship project. “We targeted the design vision at the emerging ski markets out of Asia. It relied heavily upon the earth elements that are the foundation of Japanese culture, which we blended with other Asian details. It will stand the test of time.” Yet this Niseko landmark almost fell through. When the project launched pre-2008, it was three times oversubscribed by buyers. Then the global financial crisis came along, and interest evaporated. “Folks walked on deposits, emails went unanswered, phones rang out,” recalls Martin. NISADE dug deep and the project was completed with the help of an extremely understanding local construction company manager. “It is a testament to success in the worst economic situation of a generation,” adds Martin. “It also reflects the simplicity and trust one is afforded by architects and builders in Japan. This assures buyers’ and developers’ security.”

NISADE has gone from strength to strength since those difficult days. The firm now manages a range of luxury hotel, chalet and condominium-style properties in Niseko and neighbouring Hokkaido resorts such as Hanazono and Rusutsu, where The Vale Rusutsu was crowned the world’s best new ski hotel in 2021. The firm’s ability to cover numerous bases and its commitment to delivering exceptional experiences to guests have been further enhanced by its new partnership with Singapore-based, The Luxe Nomad, who over the summer of 2023, became the majority shareholder of NISADE’s development arm. “Bringing The Luxe Nomad onboard was a natural step for us post-Covid. They have been well known in Southeast Asia as a leading luxury villa management company and online booking portal. In Niseko, since 2015, they have been regarded as a top travel agent, with a strong marketing and customer service division. Having them onboard has helped immensely with providing added manpower abroad, and as well as knowledge sharing” says Martin. “My passion is in the build, the design, the texture of the fabrics and the pre-opening stresses, so what I needed was a partner who could take it from there, driven by an enthusiasm for delivering exceptional guest experiences.”

gloom around Niseko. Indeed, the country’s wide-ranging tourist appeal allied with Niseko’s reputation as one of the globe’s premier winter sports destinations has been key to a surprisingly swift recovery. Also helping is the relative weakness of the Japanese yen, which is boosting interest among foreign visitors and secondhome investors. With numerous projects in the pipeline and a host of big international hotel brands set to enter the market, the outlook for Niseko looks as dazzling as fresh Hokkaido powder bathed in winter sun. Certainly, Martin is bullish about its prospects. Key to its future success, he says, will be marketing it as a year-round destination. “I see it becoming a global allseasons resort equal to the likes of Aspen, Chamonix and Whistler, but with the subtlety of Japanese culture,” he predicts. “Summer is amazing in Hokkaido, it just needs to be discovered. Once it is, Niseko will rule as the wellness capital of Asia.”

Stephanie Chai, founder of The Luxe Nomad (TLN) notes that the partnership was born of a shared vision of building Niseko’s profile as a regional and international player. And Martin is delighted at the seamless way TLN’s expertise in areas such as remote working and property marketing and management is complementing NISADE’s development prowess. “It’s such an easy fit of ‘hand in glove’,” he says. The reopening of Japan’s borders has helped lift any residual

Stephanie Chai

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H AN A ZONO M ayfa i r i n t h e Mou n ta i n s As soon as Hong Kong developers

destination for an ever-growing and

PCPD set their sights on Hanazono,

luxury-focused clientele.

its destiny was predetermined; to become the home of elegance, opulence and prestige.

dining options, as well as premium retail outlets, the area of Hanazono

The Park Hyatt Niseko, arguably

will be firmly established as the go-

one of the finest in the hotel

to mountain resort for discerning

group's portfolio, was the first

travelers of style and grace.

major development in the area, providing 5-star all-year-round hotel accommodation, alongside their stunning private residences. In the lush lands beside the hotel,

Coupled with enhanced food and

Hanaridge, from Hong Kong’s Apex Property, was launched in 2017 as the first subdivision project in the area to sell land plots with an onsen connection, many of which have

PCPD will develop an exclusive

already been developed to create

collection of ‘super-villas’, further

an exclusive community of high-

elevating the area as the preferred

end homes.

Just across the road, you will find their Hanacreek development, launched in 2023 and comprising of land plots for private residences, their newly launched Home + Land options, and 3-bedroom Townhouses. These properties will be complemented by a residentsonly clubhouse where you can experience “a harmonious balance of leisure and engagement...” (a spa, gym, indoor swimming pool and dining room are a selection of the features), galvanizing the upper-tier appeal of Hanazono. KABA Niseko is another project well worthy of high praise. Thirty-

One refined land and onsen plots featuring some of the areas finest volcanic waters – sourced from 800m below ground – are surrounded by silver birch trees to create an ethereal wonderland. Niseko luminary Lady Ivy Wu is the visionary behind the project which will see owners benefit from the services and facilities of the soonto-reopen and rebranded Chalet Ivy Weiss Hotel. Odin Hills, which entered the market in Q1 2020 offering land packages for private residences, continues to thrive. With phase-1 sales all but concluded, and phase-2

well under way, the momentum and interest in the project seems unabated. Truly magnificent views of Mt Yotei coupled with an incredible Clubhouse, and a wellconceived distribution of plots to ensure vistas are maximised, the project has proven popular both domestically and internationally. Strategically located only 5 minutes from Kutchan town – home to the shinkansen (bullet train) station which will (eventually) connect Niseko to the rest of Japan, sometime in the early 30’s, and Hanazono Golf Club, an 18-hole, 7,003-yard championship course,

plus the newest (and best) gondola in the region, the desirability, quality and convenience of the area will only continue to rise. The Mayfair in the Mountains therefore seems an appropriate moniker for an area that will have the regions’ highest concentration of multi-million-dollar homes. Coupled with the finest hotel on the island, the best golf course, as well as a pipeline of new fivestar projects and impending infrastructure improvements, this is the ultimate location of choice for discerning investors and homeowners alike.

Photo courtesy of KABA Niseko

Odi n H i l ls P R I C E | from ¥103,500,000 P L O T S I Z E S | from 770m2 – 2,300+m2

What t h ey say : An exclusive hillside society comprising of a 16-hectare private residential luxury village designed for a sophisticated and discerning mountain community.

HANAZONO

Set in a pristine natural environment with sweeping views of Mount Yotei and surrounded by unspoiled forest, Odin Hills is within touching distance of the Hanazono ski resort and its surrounding five-star luxury hotels.

HANAZONO

Why we l i ke it :

HANAZONO

An outstanding location with some of the best views of Mt Yotei of any project, the development will bring a beautiful Japanese-European style mountain village to the area. With a fantastic Clubhouse featuring hospitality-infused spaces, a library-style lounge with all-day café, bar and bistro, a flexible, multi-purpose active studio, the Clubhouse is designed around a unique “thermal bath” offering with swimming pool, authentic onsens and other spa treatment services. It is also just minutes away from Kutchan Town where the future bullet train station will be located.

HANAZONO

The Récital 26 Chapter Two The Galleria Al Maryah Island

bovet.com

KABA N i s e ko PRICE

| from ¥156,200,000

PLOT SIZES

| 1,070m2 – 2,636m2

What t h ey say : KABA Niseko provides a canvas for landowners to create the home of their dreams in a private residential luxury village designed for sophisticated alpine living. Whether a personal retreat away from city life, an adventure seeker’s den of outdoor sports, or a warm gathering place for extended families, this is a rare opportunity to create a home for generations to enjoy in a land of inspiring natural beauty. This private onsen villa estate is set within the pristine unspoiled forest, nestled between Mt. Weisshorn and sweeping pastoral landscapes.

HANAZONO

Made up of 31 lots, each have their own onsen water supply with hot volcanic spring water from KABA’s own spring source.

HANAZONO

Why we l i ke it : The focus on maintaining as much natural landscape within the development is key to ensuring the finished village will be a magical and awe-inspiring destination. Surrounded by parks and protected pastureland to ensure the essence of the area is preserved, it gives buyers further peace of mind for future development in the vicinity. The attention to creating a viable community, a neighbourhood, with a focus on the ‘home’ elevates the project from being more than just a property investment but a way of life. Niseko is, after all, a lifestyle investment at its core, and KABA is an enchanting and ethereal concept brought to live by their enigmatic founder, Lady Ivy Wu.

H an ac r e e k PRICE

| from ¥230,000,000

PLOT SIZES

| 1,000m2 – 2752m2

What t h ey say : Set against the striking panorama of Mount Yotei and Niseko Annupuri, Hanacreek unveils an extraordinary realm of contemporary luxury, where the refined taste of modern living seamlessly converges with the captivating beauty of the wild.

HANAZONO

Hanacreek redefines the Niseko experience, inviting you to revel in this enclave of powdersoft snow, silver birch forests, and your own private natural onsens. Immerse in the essence of luxurious living, perfectly tailored for you, in this private creekside oasis.

HANAZONO

Why we l i ke it : Considerate developers always score well in our book and Apex Property are just that. They are spearheading the ‘THE HANAZONO COMMUNITY LINKAGE MASTER PLAN’ which will create footpaths and bicycle lanes for safe and scenic connection between the Hanazono village area and Kutchan Town. Think heated, illuminated sidewalks with shelters along the route coupled with amazing vistas to photograph as you go. That aside, the exquisite development, curated by Riccardo Tossani Architecture & Hikohito Konishi Architecture is a wonderful combination of outstanding onsen-connected homes, townhouses and land plots, all with the benefit of a superb residents’ clubhouse with features including a spa, gym, indoor swimming pool, pickleball courts, kids club, rooftop vegetable garden with dining, restaurant and of course, a bar and lounge area.

HANAZONO

Visit nisaderealestate.com to learn more.

HANAZONO

Pa r k Hyat t Du pl exes : Yot e i S pri ng & Yot e i S u m m e r PRICE

| ¥POA

PLOT SIZES

| 288m2 – 292m2

3+1

4 +WC

What t h ey say :

HANAZONO

Embrace the extraordinary. At Park Hyatt Niseko Hanazono Residences, the notions of luxury and exclusivity are all played out. Owners will have access to a delightful array of five-star facilities such as a hot spring spa, indoor heated swimming pool, fitness centre, and signature hotel restaurants. Dedicated services include 24/7 concierge and security, owners’ exclusive private lounge, ski valet and lounge, plus a variety of à la carte services.

Indulge in the epitome of luxury living and the ultimate comfort at the ski-in / ski-out duplexes where exquisite all-season living is elevated to spectacular heights.

HANAZONO

· Ultra-luxury duplex apartments · True ski-in / ski-out · Extensive Mount Yotei view · Private onsen · High ceiling · Unrivalled five-star facilities · Spacious terrace · Wine cellar

HANAZONO

Why we l i ke it : The Park Hyatt truly is the finest residence hotel in the region, and maybe even the magnum opus for the group to date. This is where form meets function; style combines with substance; where experiential and elegance align. You have to see it and walk through it to believe it. Grand entrances and expansive vistas framed through picture windows; vibrant, contemporary art awaits you around every corner; and the continual ‘surprise & delight’ lay-out means there is always something to entice, inspire, and entertain you. This is close to being a masterpiece. If you’re looking for luxury living with a white-glove touch, then look no further. Whether you choose Yotei Spring or Yotei Summer, both duplexes offer high ceilings, outstanding living space overlooking ski-fields and mountains beyond, private onsen to the master suite and beautifully crafted fittings throughout.

F r e e dom Inn PRICE

| ¥550,000,000

PROPERTY SIZE

| 1,177m2

LAND SIZE

| 1,167m2

11+

• Redevelopment Opportunity • Large Living Area + Fireplace • Beautiful Attic Space Ideal for Conversion • Outstanding Views of Mountains and Creek

HANAZONO

• Commercial or Residential Option

HANAZONO

Freedom Inn represents an excellent opportunity to renovate or redevelop a superbly located property that is mere minutes away from the Park Hyatt. Whether as a private super-villa, or as a refreshed commercial concern, the location is the driving factor behind the appeal of this one. Built in a Georgian style back in 1999, the property currently operates as a guest house, with 16 guest rooms, a 40-seat dining room and a full-service kitchen. With ever-increasing land prices in Hanazono and the growing appeal of the area due to the luxury developments in the pipeline, this is a unique design in an excellent location on a large plot with significant upside potential.

One Shenzhen Bay Raffles Residences

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Yayoi Kusama, Pumpkin: big, 2008, Harbour Arts Sculpture Park, Hong Kong

an n u pu ri & N is e ko Vi l lag e As families look for more space in quieter settings, investors and developers are turning their attention to locations away from the hub of Hirafu such as Annupuri and Niseko Village, increasing the value of properties located in these easily accessible areas.

a n n u pu ri Annupuri is located about 10 minutes

onsens to relax in after an action-

Resorts is in the planning phase for

west of Hirafu and is well-known for

packed day. With its wide-open

the development of neighboring

its variety of skiing options including

spaces and selection of restaurants,

Moiwa village and the expectation is

long groomed runs as well as

it continues to be a favorite for both

this will spark further international

backcountry alternatives providing

owners and visitors.

investment.

Development has previously

However, the mixture of pensions,

centered around residential

chalets and hotels means it still

During the summer green season

projects and housing estates such

retains the traditional feeling of

there are plenty of hiking trails and

as Annupuri Residences, Annupuri

being in a quiet Japanese alpine

outdoor activities in the area and it

Village and Annupuri Gardens, and

village nestled into the surrounding

is also the home to many wonderful

now the international operator Aman

Annupuri mountain range.

great powder experiences for all abilities.

N IS E KO VI L LAG E Situated between Hirafu and Annupuri, Niseko Village and the surrounding Higashiyama area is oriented towards family activities in both the winter and summer seasons and is home to several wellestablished resort hotels including the Hilton, Ritz Carlton, Hinode Hills as well as New World La Plume Niseko Resort coming soon in 2025. The Niseko Village ski resort offers both gentle lower slopes for

beginners as well as long steep runs for experienced skiers or alternatively is only a short drive to the Hirafu, Annupuri or Moiwa skifields. Several adventure companies are also based here providing snowmobiling, snow rafting, snowshoe and other tours for the whole family. In the pleasant summer temperatures, play or dine outside one of the quaint shops and cafes at the popular Takahashi Dairy

Farm and avid golfers can enjoy the greens at the Niseko Village 18-hole golf course. Outdoor adventure companies also switch focus to watersport activities on the Shiribetsu river and for the young ones there is an adventure park with the extremely popular tree walking experience. Niseko Village is truly a playground for families to enjoy at any time of the year.

RU S U TS U T h e I de a l De st i n at ion for Fa m i l i e s As Hokkaido’s largest all-season resort, Rusutsu is beloved for its magical winters, world class golf courses, popular amusement park and hot springs onsen complex. And for families with younger children who are looking to purchase a property in the region, there is simply nowhere more enchanting and child friendly than Rusutsu. Owners of the ski resort area, Kamori Kanko, have created a winter wonderland that will surprise and delight children and adults alike. With friendly reindeer to pet, incredible light shows, an indoor shopping mall with amusement rides, arcades and a classical Merry-go-round, it is perfectly laid-out to ensure a seamless holiday experience. There is even a firework display on Christmas Eve! It is no great surprise then that Rusutsu Resort has been celebrated at the World Ski Awards, winning the title of Japan’s Best Ski Resort in both 2017,2018 and 2019. With one of the best-connected ski-lift systems in Hokkaido and many of the inter-resort connections being undercover, your little ones will find it far more enjoyable than waiting for buses in a blizzard. Alongside the wonderful skiing, excellent infrastructure and family-friendly vibes, there is also a wide variety of dining options to suit all palettes; from fast-food, pastries and delis during the day through to Americana, Izakaya and Chinese restaurants at night, with the ‘Kazhana’ Japanese restaurant at The Westin taking top spot – and even recognised with a nomination at The 2023 World Luxury Restaurant Awards. With attractive pricing for land, and similarly competitive prices for apartments at condominium hotels such as The Vale, increasing numbers of owner/investors are identifying Rusutsu as a new long-term destination. And whether you are looking to build your own mountain retreat, buy one of the beautiful properties that already grace the area, or be a part of an established development, look no further than NISADE to support you throughout the process.

Tah i Hou s e PRICE

| ¥300,000,000 | 300m2

PROPERTY SIZE LOT SIZE

| 602m2

4/5

•

Double garage

• Triple glazing •

Luxurious high ceilings

•

Ski-in / walk to lifts

RUSUTSU

• Beautiful exposed timber

RUSUTSU

Bathed in sunlight during the day and beautifully illuminated by night, Tahi house is a stunning example of a Lindall Home. Completed at the start of 2020, it is one of the premier properties in Rusutsu. A luxury two-storey ski home that further benefits from newly installed fitted wardrobes to several of the spacious bedroom suites. With enchanting views of the ski mountains of Rusutsu and the leafy forest that surrounds the house, coupled with fantastic floor-to-ceiling windows in the main living area, this property is perfect for families and friends to gather together.

Ru s u ts u C h al e ts PRICE

| Houses ¥279,000,000 Land from ¥33,000,000

SIZES

| Houses 279m2 Land from 810m2

4.5

What t h ey say : Rusutsu Chalets is the only estate in Hokkaido located inside a golf course. This unique location gives the development a strategic advantage over other estates in the region, with the increased rental yield potential from summer visitors as well as winter. A cozy warm Chalet in winter turns into an open, breezy social home in summer as our homes are designed with indoor living spaces that, when the warm weather arrives, can be opened into outdoor decking for entertaining and barbecues, all surrounded by the beautiful Izumikawa golf course. Each chalet and land plot is literally a few steps away from the golf course and within a short drive of the Rusutsu amusement and water park, whilst the range of summer activities such as hiking, rafting, paragliding, fruit picking and lake Toyā, the Tahoe of Hokkaido, are all readily accessible.

RUSUTSU

These large homes all come with plenty of storage and garage space making them both luxurious and practical.

RUSUTSU

· Four bedroom detached chalets · Land plots for development · Stunning double-height master suite · Gourmet kitchen & designer bathrooms · Stunning feature fireplace · Heated driveway + garage

Why we l i ke it : Gorgeous properties with impeccable styling and finishings, all set within an excellent design and layout that exudes quality, nestled within a private estate with easy access to the golf course, the ski fields and the wider resort area.

RUSUTSU

The golf course setting is not to be overlooked as it is incredibly rare in Japan to find homes in such a proximity. This reinforces why these properties are an excellent investment opportunity due to the yeararound rental proposition, as well as being a wonderful home away from home.

RUSUTSU

THE UR-120

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W W W. U R W E R K . C O M “I think the duration of an hour should be a period of play. It should be celebration for that one specific hour in life and so you should have something on your watch, something exciting, thrilling and engaging to represent it.”

MARTIN FREI Co-founder of URWERK Artist and Chief designer

FELIX BAUMGARTNER Co-founder of URWERK Master watchmaker

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F u rano A stu n n i ng i nvestm e n t de st i n at ion Furano’s appeal extends well beyond winter, with equally strong income potential from visitors descending on the town in the summer. Located in the heart of Hokkaido, Furano is served by both Sapporo New Chitose Airport and Asahikawa Airport, as well as various train and bus connections. In the winter, it’s home to Hokkaido’s best powder! Action centers around Furano Resort, home to 11 lifts and over 30km of runs covered in the lightest and driest powder on the island. The varied terrain offers access to

more back country options than anywhere else in Hokkaido, enough to keep even the most experienced skiers and boarders happy. The wide range of non-skiing winter activities includes snowmobiling, snowshoeing, dog sledding, ice fishing and even winter hot air ballooning! Furano is also a perfect base to explore Hokkaido’s Powder Belt, featuring the resorts of Kamui Links, Asahidake, Kurodake and Tomamu. In the summer months, Furano and Biei come alive with vibrant colours everywhere, especially the

rolling vistas of lavender. Fields are lined with bursting grapes destined for local wineries, others packed with melons and every vegetable imaginable – all grown in the fresh Hokkaido air. Spend the long warm days sampling local specialties in local cafes and restaurants, all made from delicious fresh produce – equally accessible by car or bicycle. Experience Daisetsuzan, Hokkaido’s largest national park, which features with stunning hiking trails, deep valleys, smoking volcanoes and countless streams.

I nvestm e nt : We believe Furano to be a viable investment location, particularly for those who already have property in the Niseko region and are considering adding to their Hokkaido portfolio. With a dual-season income and lower entry point for land and real estate, the ROI is higher than the more established international destinations. The recent launch of Fenix West, followed in the footsteps of its successful sister project, Fenix Furano, coupled with the fabulous Intuition Furano, all contribute to rising land prices both in the resort and its satellite towns such as Naka-Furano and Biei. As resort-grade developments grow in number, and more international clients consider it for their incomefocused second-home strategy, the future for Furano looks bright indeed.

I n t u it ion F u ra no PRICE

| Land only from: ¥100,000,000

LAND SIZE

| 433m2 – 584m2

What t h ey say : Intuition Furano from Zekkei Properties is an aspirational statement of architectural excellence at the peak of the Kitanomine ski village, an address of enduring quality in an unparalleled mountainside location. Set in a spectacular natural landscape with stunning views across Furano Ski Resort and Daisetsuzan ranges, this exclusive estate is an oasis of tranquility.

FURANO

Every residence at Intuition Furano is a marque of sophistication with sweeping views of snowcovered hills during the winter and equally breathtaking Furano panoramas that change with each season.

FURANO

• Excellent access to the Kitanomine Gondola • Land only and Land + House packages available • Located in the heart of the village • Stunning views to Kitanomine and Daisetsuzan

FURANO

Why we l i ke it : With seventeen villa land plots and an option to buy a turn-key property, land with design, or land-only to design and create your own unique property – all within the agreed design guidelines, of course – Intuition Furano is a superbly located development in one of the best powder snow destinations in the world. Summer in Furano is currently more popular than the winter meaning, as an investment, there are two strong seasons of revenue to be generated and significant growth potential. As a value proposition, Furano is also considerably lower-priced than other ski-resorts in Hokkaido whilst still having incredible snow and winter activities to drive tourism and demand.

F e n ix West PRICE SIZE

| ¥65.8m – ¥145m | 46m2 – 100m2

FLOORS

| L 2 – L5

What t h ey say : Rising high above the city of Furano and only footsteps from the Kitanomine Gondola, Fenix West is a luxurious 6-story condominium hotel presenting panoramic views of Furano and the Tokachi Mountain range on one side and Furano Ski Resort views on the other. Offering hotel rooms, 1, 2 & 3-bedroom apartments & penthouse suites, all with private balconies, Fenix West follows the style of its sister development, award-winning Fenix Furano, presenting guests with elegant exterior styling and minimalistic interior design reflecting a sense of open space and first-class luxury not seen before in Furano.

FURANO

Featuring in-house ski locker room, retail space and a restaurant, Fenix West is perfectly positioned for your Furano vacation – winter or summer.

FURANO

• Mountain views • Prime resort location • Parking • Hotel service • Dry room / ski valet • Adjacent to gondola

Why we l i ke it : With just a handful of units left at this beautifully designed project, and the appeal of Furano growing yearon-year, the chance to own a property at one of the finest developments in town should not be missed.

FURANO

There is a selection of one, two and three-bedroom properties remaining, with dual and triple-key options as per the number of bedrooms. This means not only do you have a good selection of sizes and price points to consider for your own base to explore this superb destination from, but also a clear investment proposition to appeal to clients in the summer and winter seasons.

FURANO

con dom i n i u m hot e ls wor l d c las s r e sort l ivi ng

N ew Wor l d La Plu m e N i s e ko R esort PRICE SIZE

| ¥79m – ¥1.725b | 36m2 – 491m2

What t h ey say : Set in the Niseko-Higashiyama area, the resort will be managed by the Rosewood Hotel Group guaranteeing 5-star luxury hotel service. The resort will comprise of 219 freehold apartments, ranging from studios to fourbedrooms, simple and modern in style, and nearly 80% of which will feature their own private onsen. For those looking for the ultimate in luxury there will also be five gorgeous villas to provide an even greater alpine retreat experience.

Why we l i ke it : The fact that every room larger than a studio has a private onsen is obviously an attraction and added to that over 40% of the resort is common area space leaving plenty of room for all the facilities you need in a resort. This includes two restaurants and bars, an all-day eatery and a lobby lounge, each fusing exciting fare with a stunning setting. The lobby lounge will also offer an al fresco environment through its terrace, an ideal spot for nature lovers to embrace a little extra outdoor time while enjoying a collection of wines and spirits, handcrafted cocktails, and more. Alternatively, you can relax in the spa, the skyline pool, the fitness center, indoor natural onsens, outdoor jacuzzi or the children’s playroom. New World La Plume Niseko Resort is set to be truly stunning and an amazing investment opportunity.

T h e Va l e Ru s u stu PRICE SIZE

| ¥71m – ¥570m | 48m2 – 287m2

FLOORS

| L3 – L10

What t h ey say : The Vale Rusutsu is the jewel in the crown of Rusutsu resort’s sparkling new developments. Designed with the surrounding glory of nature as a focus, the architecture of the hotel invites the morning sunlight of the east-facing mountain slopes to the interiors. These bright spaces will be enhanced by the subtle hues of sunset to complement the mountain as it drifts towards twilight. A range of facilities will be directly connected to the luxurious spaces including a five-star spa and health facility and Base Camp; a comprehensive retail, dining and entertainment hub. The Vale Rusutsu is the first step in a masterplanned rejuvenation of Hokkaido’s leading all-season mountain resort.

• Full ski-in / ski-out • Mountain views • Full hotel services • Excellent on-site amenities • Perfect for families • Five-star spa + wellness facility

Why we l i ke it : The Rusutsu area benefits from an average annual snowfall of 14m and offers approximately 42km of ski runs, with everything from mellow groomed runs for beginners to hard core back country for the more adventurous The Vale Rusutsu is a new icon in the region and is a perfect option for families seeking a majestic and magical experience both on the slopes and off them. With a wide range of dining options and a theme-park energy that children of all ages will enjoy, for those looking for a winter wonderland experience then look no further. With very competitive pricing compared to neighboring resorts, outstanding golf and other summer activities, plus being only a 90-minute drive to Sapporo, Otaru, and New Chitose Airport, it is an elegant, accessible and enchanting destination for families and friends.

T h e Va l e n i s e ko PRICE SIZE

| ¥78m – ¥350m | 30m2 – 148m2

What t h ey say : Located in Niseko’s best ski-in, ski-out location, The Vale Niseko offers the comfort and spaciousness of fully equipped luxury apartments packaged with the amenities of a five-star hotel, including an onsite restaurant and bar, public onsen and outdoor heated swimming pool. With stunning views of the Family Ace ski run to the uninterrupted views of Mt Yotei and surrounding alpine vistas, The Vale promises to deliver the ultimate year-round holiday experience.

• Easy access to ski lifts • Range of excellent on-site amenities • Beautiful mountain views • 24hr concierge • Underground parking • Excellent rental location

Why we l i ke it : A well established and highly popular resort destination, The Vale Niseko is the perfect holiday home for you whilst in town, and a consistently performing investment asset when you are not. Easy access to the ski-lifts that are on your doorstep, the resort has a lovely on-sight onsen, popular café/restaurant (The Vale Bar & Grill), an excellent snow-shop for all your mountain requirements and a spacious and welcoming feel. With all the features and necessities to ensure a smooth and seamless vacation whether as an owner or a guest, The Vale Niseko’s popularity continues to grow.

kyo PRICE SIZE

| ¥POA | 30m2 – 148m2

L O C AT I O N

| Upper Hirafu

What t h ey say : A home away from home. This exclusive ski property with only 22 luxury residences is an oasis of tranquillity, where nature strolls hand in hand with the everyday joys of life. Every residence at the Niseko Kyo is a hallmark of sophistication with sweeping views of snow-covered hills during winter and equally breath-taking panoramas that change with each season.

Why we l i ke it : Brand new for the 2023/24 season, Kyo Niseko is an elegant addition to the luxury boutique hotel market. Enviably located in Upper Hirafu with the Ace Family chair lift situated just behind meaning you can check the queues up the mountain from the comfort of your own home. With luxury Italian furniture and top-end kitchen appliances, the Type B unit is a sublime, stylish and spacious fourbedroom apartment with an en-suite study that can be easily repurposed as a fifth bedroom. Featuring underfloor heating throughout, an onsen on the terrace and lashings of natural light, this is a premium property in a prime location.

prope rty l i st i ngs pe n t hou s e col l ec t ion

Ru s u ts u Panora m a Pe nt hou s e PRICE

| ¥570,000,000

PROPERTY SIZE L O C AT I O N FLOOR

| 275m2

| Rusutsu

| 10th

4 (3+1 )

· Stunning penthouse apartment · Spacious open plan living area · Double-height ceilings · Ski-in / ski-out · Mountain views · Dry room / ski valet

The Vale Rusutsu Penthouse is the finest ‘home in the sky ‘the area has to offer. With ceiling heights extending beyond 4-metres, the grand living, dining and kitchen area is the ultimate socialising and family space. An eight-person dining table is ideal for dinner parties and family mealtimes and a five-seat breakfast bar is the perfect place to feed the kids in the morning (or host lastnight drinks for the adults!). There is even a separate library room which can be used as a cigar

room, a study or an additional entertainment room. The living room opens out to the oversized terrace, complete with outdoor furniture, and is an ideal setting for BBQs and parties in all seasons. Wrap-around views and total privacy ensure the property feels truly exclusive. Luxurious bathrooms in soft tones and the highest quality materials accentuate wellness and relaxation and provide the perfect place to start the day and end the evenings.

The master bedroom opens onto a private terrace; a perfect place to soak up the fresh air and sensational views of all seasons. There are two further luxury ensuite bedrooms and a fourth single bedroom providing families with an option to bring a helper or use as an extra kids bedroom. Truly the height of luxury, this is an incredible home offering an abundance of internal living space whilst further enjoying spectacular views of the surrounding landscape.

M a pl e s 608 Pe nt hou s e PRICE

| ¥738,000,000

PROPERTY SIZE L O C AT I O N

| Upper Hirafu

• Ski-in / ski-out • Mountain views • Hotel service • Balcony / deck • Dry room / ski valet • On-site restaurant

| 307m2

The Maples Niseko is one of a handful of truly Ski-in Ski-out developments in Hirafu and is a much sought-after building for both owners and investors. The Penthouse has four large bedrooms including an attached studio, as well as a tatami room with en-suite that could be used as a further guest room. Situated on the 6th floor, the property provides doubleheight ceilings offering spectacular panoramic views of Mt Yotei and the ski runs on Mt Annupuri. With its large round dining table, breakfast bar, large setting areas and social spaces, the property is ideal for entertaining family and friends alike.

Ya m a k e i Yot e i Pe nt hou s e PRICE

| ¥1,200,000,000

PROPERTY SIZE L O C AT I O N

| 354m2

| Lower Hirafu

4+1

· 135m2 Roof garden · Media room · Indoor/outdoor onsen · Underfloor heating & air conditioning · Private elevator · Stylish duplex layout

This beautiful Penthouse at the Yamakei Residences – one of three spectacular Penthouses – is spacious and elegant with a private sauna and a natural hot spring feeding the indulgent inside/outside onsen. Located on a quiet street, you are within 800m of the lifts whilst only a short walk from some of the best local restaurants and the iconic "Fridge Bar", Gyu.

entertaining space, including a media room, is reserved for the upper floor and the ‘wow’ factor one should expect. With a feature fireplace, large open dining space leading to a chef’s kitchen, whether you are cooking yourself or hosting family and friends, you can’t fail to be impressed at what this warm, light and exciting property has to offer.

The residence offers enticing views of Mt Yotei and the calming effects of its natural setting through the framing of floor-to-ceiling windows. The duplex leaves the bedrooms and suites to the lower floors to ensure the living and

The Penthouse owners and residents further enjoy the benefit of a private shuttleservice that will take you to and from the ski-lifts, redefining what it means to ski-in/out. A warm car waiting for you is surely a little more glamorous?

S e ts u m on Pe nt hou s e 501 PRICE

| ¥265,000,000

PROPERTY SIZE L O C AT I O N

| 155m2

| Upper Hirafu

3 inc. studio

• Ski-in / ski-out • Mountain views • Parking • Roof terrace with jacuzzi • Hotel service • Dry room / ski valet

A stylish and centrally located duplex penthouse that provides three-bedrooms and features a spacious rooftop terrace, perfectly situated in the Heart of Hirafu. An ideal location for those looking to be based within walking distance of Hirafu's most popular restaurants, chair lifts and shopping districts, this dual key unit can be rented out to maximise returns, either as a three-bedroom Penthouse or a two-bedroom apartment with an adjoining studio that includes a fully equipped kitchen. This penthouse has a great functional layout and high-quality finish, with an open plan living and dining room and a fully loaded kitchen with Miele appliances throughout. All rooms come with their own balcony and views of Mt Yotei, with rooftop terrace & jacuzzi facing Mount Annupuri.

prope rty l i st i ngs a pa rt m e n ts

S kye N i s e ko Skye Niseko is an outstanding condominium-hotel located in Upper Hirafu offering direct ski-in ski-out access to all major lift systems in the town. A collection of 96 apartments and penthouses, the development remains incredibly popular due to its unrivalled location, elevated above the village. With most rooms offering views of the mountains and ski-runs, it remains an icon in Niseko providing an exclusive experience throughout the changing seasons.

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S kye 3 0 9 PRICE

| ¥140,000,000

PROPERTY SIZE L O C AT I O N

| 49m2

| Upper Hirafu

This one-bedroom apartment provides views of the ski slope from the bedroom and the living room so you can check conditions from the comfort of your stylish home. The apartment includes all of the appliances you will need for the perfect holiday and further benefits from underfloor heating for that warm, cozy feeling. •

Ski-in / ski-out

•

Mountain views

•

Onsen

•

Hotel service

•

Dry room / ski valet

•

On-site restaurant

•

Rental property 101

S kye 2 5 3 PRICE

| ¥280,000,000

PROPERTY SIZE L O C AT I O N

| 126m2

| Upper Hirafu

If you have ever wanted to be able to ski directly into your apartment here is your chance. This 3-bedroom 3-bathroom apartment is located directly on the slope and ticks all the boxes when it comes to luxury finishes in a great location.

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•

Ski-in / ski-out

•

Mountain views

•

Onsen

•

Hotel service

•

Dry room / ski valet

•

On-site restaurant

•

Rental property

S kye 5 5 8 PRICE

| ¥106,000,000

PROPERTY SIZE L O C AT I O N

| 38m2

| Upper Hirafu

A beautifully positioned, corner unit, studio apartment with floor to ceiling windows providing unobstructed views of the majestic Mt Yotei. Added to that are the immaculately appointed furnishings and a level of finish that epitomizes style and comfort, this is the perfect pied-a-terre. •

Ski-in / ski-out

•

Mountain views

•

Onsen

•

Hotel service

•

Dry room / ski valet

•

On-site restaurant

•

Rental property 103

the m a pl e s The Maples offers a complete immersion into the good life that is synonymous with Niseko. The sophisticated condominium-hotel boasts 73 units including a series of apartments and penthouses that have been thoughtfully created with a keen awareness of the encircling beauty. In a brilliant blend of form and function, experiences are enhanced while contentment is heightened.

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Maples 509 PRICE

| ¥158,000,000

PROPERTY SIZE L O C AT I O N

| 68.5m2

| Upper Hirafu

Maples 509 is a Ski-in Ski-out two-bedroom two-bathroom apartment boasting some of the best views you can get. Facing Mt Yotei, you get sensational views from the living room and master bedroom. The two bedrooms offer the option of being made up as king size beds or split into two singles in each room giving you the option to sleep four separate adults in comfort. •

Ski-in / ski-out

•

Mountain views

•

Parking

•

Hotel service

•

Dry room / ski valet

•

On-site restaurant

•

Rental property 105

Maples 505 PRICE

| ¥158,000,000

PROPERTY SIZE L O C AT I O N

| 68.5m2

| Upper Hirafu

Maples 505 is a Ski-in Ski-out two-bedroom two-bathroom apartment boasting some of the best views you can get. Facing Mt Yotei, you get sensational views from the living room and master bedroom. The two bedrooms offer the option of being made up as king size beds or split into two singles in each room giving you the option to sleep four separate adults in comfort.

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•

Ski-in / ski-out

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Mountain views

•

Parking

•

Hotel service

•

Dry room / ski valet

•

On-site restaurant

•

Rental property

Suiboku Loft 7 PRICE

| ¥560,000,000

PROPERTY SIZE L O C AT I O N

•

Mountain views

•

Balcony / deck

•

Parking

•

Dry room / ski valet

| 280m2

| Upper Hirafu

Suiboku is an exclusive residence with only 10 loft apartments in the building. Situated only meters away from the Family ski run and close to Hirafu’s bars and restaurants, the location is truly one of the best available in upper Hirafu. Each loft has been designed to a high standard combining an industrial aesthetic and traditional Japanese features such as ofuro baths, mushiro straw-mat rugs, down futons, Nara wood floors and bamboo screens. 107

t h e va l e n i s e ko Located in Niseko’s best ski-in, skiout location, The Vale Niseko offers the comfort and spaciousness of fully equipped luxury apartments packaged with the amenities of a five-star hotel, including an onsite restaurant and bar, public onsen and outdoor heated swimming pool. With stunning views of the Family Ace ski run to the uninterrupted views of Mt Yotei and surrounding alpine vistas, The Vale promises to deliver the ultimate year-round holiday experience. The Vale Niseko comprises 47 one and two key residences of hotel resort rooms, studios, one, two and three bedrooms and ultra-chic Penthouse.

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T h e Val e N is e ko 3 0 1 PRICE

| ¥350,000,000

PROPERTY SIZE L O C AT I O N

•

50m from lifts

•

Ski-to-door access

•

Restaurant and bar

•

Ski shop and ski rental

• Heated outdoor swimming pool with ski slope views

•

Reju Spa

•

Underground parking

• Two communal onsens: male and female

•

24hr reception

•

Concierge service

| 148m2

| Upper Hirafu

The Vale Niseko Apartment 301 is a truly unique 3-bedroom 3-bathroom apartment with private Onsen dual key configuration design. This helps to maximize your rental income by offering two different rental types of apartments. The apartment has stunning views of the ski slopes on the Ace family ski run. This award-winning building is without a doubt one of the most iconic in Niseko.

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Th e Vale N iseko 503 PRICE

| ¥278,000,000

PROPERTY SIZE L O C AT I O N

| 121m2

| Upper Hirafu

Experience mountain living like never before in The Vale Niseko 503 a 3-bed, 2-bath (2-bedroom apartment + Studio) unit nestled within this iconic, award-winning development. This recently refurbished unit, with consistent year-on-year returns, makes an ideal investment opportunity for those eager to enter the Niseko market. It encompasses all the modern comforts you'd expect including smart TVs, contemporary furnishings, and an open-plan kitchen dining area along with a small kitchenette in the fully self-contained studio. This exceptional residence also features a Tatami room, infusing a touch of cultural elegance into your mountain retreat.

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Terrazze 302 PRICE

| ¥120,000,000

PROPERTY SIZE L O C AT I O N

| 96m2

| Middle Hirafu

Nominated for the World Best Ski Chalet in 2015. The clean, open layout of the apartment showcases a signature style, blending the familiar elements of a modern luxury apartment with stylish colors and high-end finishes. Sleek, contemporary furnishings are warmed by natural materials and the sunshine and spectacular mountain views filtering in from large picture windows. •

Mountain views

•

Parking

•

Dry room / ski valet

•

Rental property 111

Snow Crystal 502 PRICE

| ¥181,900,000

PROPERTY SIZE L O C AT I O N

| 107m2

| Upper Hirafu

This apartment is in one of the best locations in Hirafu mere meters from the center of town and the ski lifts. Offering generous living space with the added benefit of a small balcony, there are three bedrooms (two of which are ensuite) plus a further bathroom, all completed by the stunning views looking towards Mt Yotei and the Kombu mountain range.

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•

Excellent location

•

Mountain views

•

Parking

•

Dry room / ski valet

•

Rental property

AYA 2 0 6 PRICE

| ¥202,000,000

PROPERTY SIZE L O C AT I O N

| 87.5m2

| Upper Hirafu

Designed for family living, Aya Niseko 2-bedroom apartments are generously proportioned offering a thoughtfully designed open-plan kitchen / dining / living area, with two bedrooms and two bathrooms. The apartment looks into a protected forest giving it a very private and peaceful feeling. Wall-to-wall and floor-toceiling glass in the living areas and master bedroom give a sense of large open space.

•

Mountain views

•

Hotel service

•

Ski-in / ski-out

•

Parking

•

Onsen

• Dry room / ski valet

•

Onsite restaurant

•

Garden

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the s e ts u m on Boutique luxury in the heart of Niseko, The Setsumon offers a premium central location, with roughly half of the rooms boasting views to the Hirafu ski fields and immediate access to ski lifts. The Setsumon features a modest mixture of architecturally appointed studios, one, two and three bedroom apartments, plus one spectacular penthouse. Each apartment features all you need for a stylish comfortable ski-side vacation, including designer interiors and fully functional kitchens incorporating ‘state of the art’ Miele appliances. With world famous dining and bars at the doorstep, residents of The Setsumon are just a stone’s throw from all the action yet a world apart.

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S e ts u mon 101 PRICE

| ¥110,000,000

PROPERTY SIZE L O C AT I O N

| 105m2

| Upper Hirafu

With more than enough room for a family of four this apartment has been kept in excellent condition. Full size kitchen with high grade appliances and plenty of space to prepare a gourmet dinner. Located on the Hirafu main street only 150m from the lifts, this dual key unit has the flexibility to be rented out as a one-bedroom and a studio maximizing rental returns. •

Mountain views

•

Parking

•

Dry room / ski valet

•

Rental property 115

Setsumon 401 PRICE

| ¥145,000,000

PROPERTY SIZE L O C AT I O N

| 136m2

| Upper Hirafu

This stylish and centrally located threebedroom apartment is located 100m from Hirafu’s main intersection and just a stone’s throw from some of the area’s most popular restaurants and the ski lifts. The apartment is well appointed with a highquality finish and top brand appliances throughout. Very functional layout with an open plan living and dining area on the 4th floor and a well-appointed studio on the third floor.

116

•

Mountain views

•

Parking

•

Dry room / ski valet

•

Rental property

Kozue 301 PRICE

| ¥100,000,000

PROPERTY SIZE L O C AT I O N

| 73m2

| Middle Hirafu

1.5

Kozue 301 is a stunning 1.5 bedroom apartment situated in the heart of Niseko. This pristine riverfront and clifftop site enjoys views of rolling hills through the fine branches of the treetops, known as kozue in Japanese. The architectural design is guided by the building’s surrounding environment and focuses on creating a strong connection between the natural landscape and the interior spaces. •

Mountain views

•

Hotel service

•

Parking

•

Dry room / ski valet

117

i n u i t ion Nestled in a tranquil forest overlooking the magnificent Mt. Yotei, Intuition comprises a six-story building of residences, a popular restaurant and an elegant onsen. Intuition combines spectacular natural vistas with an exceptional location, adjacent to the village center, and just steps away from the ski lift, dining and shopping. While close to all the village amenities, the estate is designed to preserve the serene nature of an exclusive location away from the crowd, allowing guests to enjoy a peaceful moment during their getaway.

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Intuition 505 PRICE

| ¥298,000,000

PROPERTY SIZE L O C AT I O N

•

Mountain views

•

Parking

•

Onsen

•

Dry room / ski valet

•

Hotel service

•

Rental property

•

On-site restaurant

| 138.7m2

| Middle Hirafu

With stunning views of Mt Yotei this 3-bedroom apartment has it all. Located directly facing the famous Mt Yotei it capitalizes on the views from the living and dining room plus of course the master bedroom. Located a stone's throw from the center of Hirafu, with the Ace family lift only a two minute walk away.

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Intuition 203 PRICE

| ¥258,000,000

PROPERTY SIZE L O C AT I O N

| 148m2

| Middle Hirafu

Unit 203 is a lovely and spacious 3-bedroom corner apartment. The floor to ceiling windows make the most of expansive views of Mt Yotei from the living dining areas as well as from the master bedroom. This brand new apartment has plenty of space for a family or a group of friends looking for modern luxury condo apartment in a location just 100m from the lifts, restaurants and shops in Hirafu.

120

•

Mountain views

•

Parking

•

Onsen

•

Dry room / ski valet

•

Hotel service

•

Rental property

•

On-site restaurant

prope rty l i st i ngs hou s e s

Sekka Sekka PRICE

| ¥POA

PROPERTY SIZE L O C AT I O N

| 491m2

| Middle Hirafu

Sekka Sekka is a 4-storey house comprising 5 en-suite bedrooms and a superb open-plan kitchen/living/dining area affording beautiful views of Mt Yotei through the floor-to-ceiling door-windows. The generous basement includes an excellent ski storage room and the covered parking is a welcome luxury. Located in the heart of Hirafu village, the property is just a short walk to the ski lifts, restaurants, bars, and various other conveniences.

124

•

Sleeps up to 12 people

•

Spacious balconies

•

Internal elevator

•

Integrated projector + screen

•

Feature log fireplace

•

Surround sound system

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yotei views PRICE

| ¥POA

PROPERTY SIZE LOT SIZE

| 276m2

| 894m2

L O C AT I O N

| Hirafu Outskirts

This home was completed in August 2017 and has been built to a very high spec with triple glazed argon filled windows, double insulated walls throughout, Italian tile through the kitchen and bathrooms and the list goes on. The house has been designed to be very low maintenance all year round. With uninterrupted views of Mt. Yotei and only minutes from the center of town.

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•

Mountain views

•

Parking

•

Balcony / deck

• Dry room / ski valet

Ki nokawa PRICE

| ¥250,000,000

PROPERTY SIZE L O C AT I O N

| 349m2

| Country Resorts, Kabayama

Large 5-bedroom 5-bathroom house located in Country Resort, a short drive from the ski slopes. Fitted with luxurious and modern furnishings throughout. The open plan design offers an abundance of natural light making its way to each of the bedrooms as well as the living and dining area. Fully equipped kitchen any chef would be happy with, an onsen style Japanese bath and garage with direct access to a drying room for all your snow gear this house has everything you could imagine. •

Mountain views

•

Parking

•

Balcony / deck

•

Dry room / ski valet

•

Garden 127

Yuuki Toride PRICE

| ¥230,000,000

PROPERTY SIZE L O C AT I O N

| 180m2

| Middle Hirafu

Yuuki Toride is a sleek and stylish concrete home located in the enviable setting of Hirafu’s Middle Village, just a stone’s throw from the ski shuttle bus route and approximately 1/2km from the Ace Family ski lift. A short walk from many of the best restaurants and bars in Hirafu, this beautiful property offers spectacular views of the famed Mt Yotei from the floor to ceiling windows that span both floors.

128

•

Custom built kitchen

•

Open plan living

•

Master en-suite

•

Dry room

•

Generous balcony

Off-Piste Chalet PRICE

| ¥198,000,000

PROPERTY SIZE L O C AT I O N

| 198m2

| St. Moritz, Kabayama

A contemporary 3-bedroom house stylishly crafted by Wakisaka Architecture incorporating large picture-windows to maximise the flow of light into every room of the house. Off-Piste Chalet comes with a beautiful gas fireplace, heated floors, full air conditioning, as well as a snug little den for the kids. •

Feature fireplace

•

Open-tread stairs

•

Underfloor heating + A/C

•

Industrial-chic finish

•

Garage 129

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Katsura Villa PRICE

| USD $4,200,000 | 317m2

PROPERTY SIZE LOT SIZE

| 1519m

L O C AT I O N

| Hirafu Outskirts

A bespoke four-bedroom five-bathroom home which was completed in January 2019. Situated between mature trees in the Ginto woodlands and featuring a garage, an onsen style bath and maid's room. With stunning architecture and interior design, it strikes a perfect balance between traditional Japanese features have been infused with a contemporary design aesthetic to redefine all spaces. •

Mountain views

•

Parking

• Dry room / ski valet

•

Balcony / deck

•

Garden 131

konaya PRICE

| ¥158,000,000

PROPERTY SIZE LOT SIZE L O C AT I O N

| 661.8m2

| 210.3m2 | Hirafu Outskirts

Situated on a lovely corner lot in the residential enclave of Yotei-no-Sato, this sun-filled, contemporary 3-bedroom property has been cleverly designed utilizing a dual key concept to allow owners the flexibility to use whilst also taking advantage of the short-term rental market.

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•

Mountain views

•

Dry room /ski valet

•

Parking

•

Garden

•

Balcony / deck

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prope rty l i st i ngs la n d

Hanazono Development Lan d PRICE

| ¥1,275,350,000

P R I C E P E R M 2 | ¥69,482 PRICE PER TSUBO PROPERTY SIZE L O C AT I O N

| ¥229,693

| 18,355m2

| 650m from lifts

Prime Hanazono development plot with stunning views towards Mt Yotei and within a 30second drive of the soon to be open Weiss Mountain ski slopes and a 4min drive to the ski lifts at Hanazono. The area has proven very popular with developers over the last 3 years with the anticipation of the Shinkansen and new highway coming into Kutchan. The block itself has a gentle slope allowing for views of the mountains from all sections and reducing time and cost for development. Ideal for a small housing development made up of 14 to 16 homes with access off the main road and located just around the corner from the famous Zaborin Ryokan.

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Hirafu Estate PRICE

| ¥205,000,000

LOT SIZE L O C AT I O N

| 560m2 | Middle Hirafu

Merging traditional Japanese design principles with contemporary styling, this harmonious sanctuary lies in the heart of the charming village of Hirafu, enjoying a tranquil setting by a tributary of the Shiribetsu river just 300m from the ski lifts. Hirafu Estate is a new and exclusive residential estate located on the northern island of Hokkaido, Niseko. With 5 generous sized lots available, this is your chance to build a luxury detached home and enjoy everything Hirafu Estate has to offer.

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dri ft niseko PRICE

| from ¥186m – ¥253m

PROPERTY SIZE

| 20,930m2

LOT SIZE

| 1102m2 – 2461m2

L O C AT I O N

| Kabayama

The vision for Drift is to create a family of well-placed, similar yet individual homes, each with its own private onsen within this exceptional Hokkaido forest and mountain landscape. The Master Plan has been developed to maximize majestic mountain views while limiting the visibility of neighboring dwellings. Being at one with an incredible natural environment. This feeling is inspired by the views – both the mountains in the distance and the more proximate vistas directly accessible from the property’s balcony or simply by stepping outside. •

14 lots available

•

Utilities

•

Electricity

•

Water

• Dedicated onsen spring water

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• Storm water system • Road snowmelt heating on steeper sections • Broadband internet

Kabayama Development Land PRICE

| ¥530,000,000

P R I C E P E R M 2 | ¥23,587 LOT SIZE

| 22,470m2

L O C AT I O N

| Kabayama

Fantastic development land suitable for multiple build options. Incredible views of Mount Yotei, Mount Annupuri ski fields, farmland and mature trees with a gentle creek meandering through the site. With land prices on the assent from Hirafu through to Kabayama, this land is set to increase considerably within the next few years.

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Moiwa Development Lan d PRICE

| ¥772,000,000

P R I C E P E R M 2 | ¥36,365 LOT SIZE

| 21,299m2

L O C AT I O N

| Moiwa

This is the perfect opportunity to own a piece of development land in the Moiwa area which is famous for its easy access to the superb quality onsen water and uncrowded ski slopes. This block is only a few hundred meters away from the new Aman Resort which is now in planning. Prices in the area are expected to rise as a result making this a great land banking option or the perfect site for a housing subdivision or hotel condominium complex. Access from two main roads, just a few minutes walk to the Moiwa ski slopes and a short drive to Annupuri ski resort. With views over the Kombu mountain range and Moiwa ski resort, this block has it all.

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Suzuran PRICE

| ¥905,579,000

LOT SIZE L O C AT I O N

| 1,301m2 | Upper Hirafu

An exceptional opportunity awaits in the much sought-after location of upper Hirafu. This prime development site is all set for success with completion of the onsen well and removal of the previous structure, this plot is ready to proceed with the construction of a new development. This landmark property provides absolute convenience with only a few steps to the ski lift and slopes, it has the potential to be turned into something extraordinary.

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sa l es proc es s Part 1 : T it l e t rans f e r doc u m e nt pre parat ion

P U R C H A S E R E L AT E D C O S T • NISADE sends it to the buyer. It includes all purchase related costs - Property purchase price - Solicitor fee - Taxes

O F F E R A C C E P TA N C E

DRAFT OF CONTRACTS P R E PA R E D B Y N I S A D E • Sale and purchase agreement • Statement of important matters • It takes 2-3 business days from step 2

CONTRACT SIGNING BY BOTH SELLER AND BUYER • Basically we request you sign by “Right Signature” (online signing platform)

D E P O S I T S TAT E M E N T • The buyer needs to pay it to the solicitor’s trust account in Japan. The solicitor releases it to the seller when both the buyer and seller have signed the contract, and the buyer has approved the transfer

TITLE TRANSFER DOCUMENTS P R E P A R AT I O N • The solicitor prepares two documents -P ower of Attorney (POA): gives solicitor the authorization to transfer the title -A ffidavit: Stamped/sealed by Notary Public -T hese documents are emailed to you by NISADE

144

Pa rt 2 : Clos i ng

DOCUMENTS EXECUTED • Once you’ve signed and had the documents notarized by Notary Public in your country, you need to send the hard copies to NISADE

S E T T L E M E N T S TAT E M E N T ISSUED BY NISADE

SETTLEMENT FUNDS

• The buyer needs to pay it to the solicitor’s trust account one week prior to settlement

SETTLEMENT • The day before settlement, NISADE will request funds and confirm all is in order to settle. Settlement takes place

NEW TITLE DEED • It takes two weeks for the new title deed to be issued from the settlement

S A L E R E C O N C I L I AT I O N • Once the new title deed is issued, NISADE will contact you and ask for sending address • NISADE will send you the new title deed and reconciliation document

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F.A.Q WHY INVEST IN NISEKO? Demand for high quality accommodation and facilities continues to drive the market, especially in the luxury segment. Winter continues to be strong, and the summer season continues to grow. As Niseko moves from its well-established reputation of Asia’s premier winter-wonderland and into the year-round destination of activities, wellness and culinary delights, the time to enter the Niseko story has never been better. The benefits of 100% freehold ownership and the lack of restrictions on foreign buyers, elevates Niseko from a mere lifestyle investment to a very sound, financial investment, of which many astute investors in the Asian region and beyond have taken advantage of. Niseko investments are now found in the portfolios of some of the largest and most recognisable property investment firms in the world. Niseko continues to remain the fastest appreciating real estate market in Japan and the area is showing no signs of slowing down its growth-trajectory as a premier international destination.

W H AT A R E T H E E X P E C T E D RETURNS? Historically, bookings have consistently experienced 90-120 days of letting per year. Average yearly returns of 1% - 3% Indicators suggest this range remains an accurate forecast for the immediate future. Higher returns will be realised if the property is available over peak periods including Christmas and Chinese New Year. 146

Manag e m e nt WHO WILL MANAGE MY PROPERTY? If your property is already managed, we recommend remaining with this company for the immediate future, allowing yourself time to make a more informed and experienced decision – unless of course you have a specific reason for changing.

W H AT D O E S T H E M A N A G E M E N T C O M PA N Y PROVIDE? Services generally include: •

Reservations

•

General maintenance

•

Utilities & other bill payments

•

Snow clearance

•

Cleaning and laundry

•

Accounting and tax services

A concierge service may also be provided by certain management companies.

W H AT A R E T H E C O S T S FOR YEAR-ROUND MANAGEMENT? Typically, management fees total circa 35% of the nightly rate plus an annual expenses fee. These fees breakdown as follows: • 10% Management fee of gross rental income – covers managing owner’s accounts and reports, paying all utilities and other charges • 25% Letting Management fee of gross rental income

Utilities and other outgoing expenses (e.g. maintenance, cleaning, insurance, tax) are paid for by owners. This represents an estimated 20% to 30% of gross rental income.

O W N E R S TA Y S For properties to generate healthy, owners will generally be allowed a minimum of 14 nights in winter and 14 nights in summer usage. A management fee of circa 10% of the rack rate is usually applied to additional stays.

AGENT COMMISSION No commission is typically charged on the sale of off-plan developments. For secondary market acquisitions, commission is 3% of the agreed sale price.

P U R C H A S E R E L AT E D C O S T S A N D TA X E S : NISADE Real Estate recommends buyers account circa 5% of the agreed sales price for purchase related costs. Typically, they amount to less than that. Associated costs for property acquisitions include the following: •

Stamp Duty – 2 kinds: • Contract Stamp Duty – not applicable if non-Japanese buyer signs contracts offshore

∙ ¥60,000 for properties valued @ ¥50m - ¥100m JPY

∙ ¥100,000 for properties valued @ ¥100m - ¥500m JPY

• Stamp Duty Registration – calculated based on the local council’s value of the land and building (1.5% of land value + 2% of building)

• Property Acquisition Tax – calculated based on the local council’s value of the property @: • 3% for land & • 4% for building Generally, this equates to circa 1% of agreed sales price •

Bank Charges

• Sales commission – 3% of agreed sales price Contracts are registered in Japan by local solicitor firm Satoshi Yoshida.

SOLICITOR FEE Vary depending on the size of the transaction. • Negotiated on a case-by-case basis •

Budget ¥200,000 - ¥300,000

T I T L E R E G I S T R AT I O N S TA M P D U T Y Calculated based on the local council’s value of the land and building (typically much less than the agreed sales price) •

1.5% of land value

•

Plus 2% of building

A C Q U I S I T I O N TA X • Calculated @ 3% for the land and 4% of the building, based on the local council’s value of the property • Generally, equates to circa 1% of agreed sales price

ANNUAL FIXED A S S E T S TA X Calculate @ 1.4% of the local council’s property value. Payable pro-rata for the year of purchase.

FINANCING • Finance is not generally available to foreign investors who do not hold Japanese residency • Recently however, some financial institutions in buyers’ home country have offered financing. We recommend exploring all avenues open to buyers in their home country and/or country of residence • Some new developments may offer financing – please contact us for information

FREEHOLD TITLE •

100% free hold title

• No restrictions on foreign ownership

H O W L O N G D O E S I T TA K E TO BUY PROPERTY? • 4-6 weeks is the standard timeframe for transfer of ownership in the Niseko resort area • This timeframe can be shortened or lengthened as required and requested

How does the sales process work in Japan?

• Once the offer is accepted by the vendor • A purchase price and payment schedule is agreed upon by both parties (deposit & settlement amounts – typically 20% & 80%)

CONTRACT SETTLEMENT • The Japanese legal office couriers the buyer Power of Attorney and Statutory Declaration documents for the buyer to sign, have notarized and return • NISADE Real Estate emails the buyer settlement payment information for the property purchase • Buyer transfers payment of the settlement balance and related charges on settlement day

TITLE TRANSFER & OWNERSHIP • The Japanese legal office sends the title to the Title Registration Office • The legal office couriers the new title naming the buyer as owner to the buyer • NISADE Real Estate couriers the sales agreement and Statement of Important Matters documents to the buyer

O F F E R & A C C E P TA N C E • Once a buyer has decided on the property they wish to acquire: • An offer is made by the buyer and communicated to the vendor • Vendor will either except, decline or counter

147

Prope rty TA X G u i de 2023-2024 B uye r

• Buyer is obligated to do this by the deadline (agent will arrange)

A C Q U I S I T I O N S TA X – O N E - T I M E F E E

• If buyer lives overseas, they need to appoint a tax representative or accountant to pay on their behalf (the agent or tax accountant)

Calculated based on the local council’s assessed value of the property (NOT the sales price) •

Land – 4% (3% until 31st March 2024)

•

Building – 4% (3% until 31st March 2024)

(Typically, lower than the sales price – approx. 1% of agreed sales price)

A N N U A L F I X E D A S S E T TA X ( P R O P E R T Y TA X ) •

1.4% of the government assessed property value

•

Payable pro-rata for the year of purchase

•

Payable annually for each year of ownership

T I T L E R E G I S T R AT I O N S TA M P D U T Y – ONE-TIME FEE Calculated based on the local council’s value of the land and building (typically much less than the agreed sales price) •

2% of land value +

•

2% of building

J C T ( J A P A N E S E C O N S U M P T I O N TA X ) – ONE-TIME FEE • 10% of SALES price (Not government assessed building value)   • Buyers can claim this back if the property they acquire is rented out in the subsequent year in the tourist market (not long-term lease) • Not applicable to land-only purchases

W I T H H O L D I N G TA X   Applicable only if seller lives abroad – Japanese or nonJapanese. • Buyer must pay withholding tax of 10.21% of the purchase price to the Japanese tax office & pay the remaining 89.71% to the seller (in reality buyer pays to the agent and agent pays to the tax office) • Buyer is responsible for doing this by the 10th of the following month after the sales transaction (agent will arrange)

148

C O N T R A C T S TA M P D U T Y – Not applicable if non-Japanese buyer signs contracts offshore Calculated based on the sales value of the property (paid by both buyer & seller)   •

¥10,000 for properties valued @ ¥10m - ¥50m

•

¥30,000 for properties valued @ ¥50m - ¥100m

•

¥60,000 for properties valued @ ¥100m - ¥500m

Own e r  Y E A R L Y TA X E S : • Fixed Asset Tax – 1.4% of government assessed property value   • Income Tax – case by case, only on net rental received (deductibles include travel expense etc. NISADE Real Estate recommends buyers seek professional advice for specific cases) ∙

For an individual:

∙ 5% for annual income less than ¥1.95m

∙ 10% for annual income greater than ¥1.95m & less than ¥3.3m

∙ 20% for annual income greater than ¥3.3m & less than ¥6.95m

∙ 23% for annual income greater than ¥6.95m & less than ¥9m

∙ 33% for annual income greater than ¥9m & less than ¥18m

∙ 40% for annual income greater than ¥18m & less than ¥40m

∙ 45% for annual income greater than ¥40m

∙

For a company (case-by-case) – generally:

∙ 20% for annual income less than ¥8m

∙ 26% for annual income greater than ¥8m

• Withholding tax on rental income – only for longterm lease (20.24%)

S e l l e r  C A P I TA L G A I N S TA X : For individual / private ownership: •

Under 5yrs @ Circa 30%

•

Over 5yrs @ Circa 15%

For companies (case-by-case) – generally: •

Circa 22%

W I T H H O L D I N G TA X 1 0 . 2 1 % • Seller needs to appoint a tax representative in Japan to file a final tax return to have any balance owed returned to them (less any taxes that may have been owed)

J C T ( J A P A N E S E C O N S U M P T I O N TA X ) (not applicable on land only sales) • If seller is registered as a JCT payer (been paying annual JCT on rental income due to it being over ¥10m net) seller needs to pay it when they file their end of year tax return (not at the settlement date. • Seller needs to check with their accountant if they are a JCT payer • If seller is a JCT payer – seller needs to pay JCT of 10% of sale price to government • If seller is a JCT payer – seller should increase the sales price by 10% to cancel it out

• NO RESTRICTIONS ON FOREIGN INDIVIDUALS OR COMPANY OWNERSHIP OF JAPANESE PROPERTY • THE ABOVE IS A GUIDE ONLY AND DOES NOT CONSTITUTE ADVICE • PLEASE CONTACT A TAX SPECIALIST FOR MORE INFORMATION AND PROFESSIONAL ADVICE

149

pr ici ng g u i de The aspirational quality of building your own mountain escape becomes a reality for many people here in Niseko. With low land prices compared to comparable luxury ski-resorts around the world, and freehold ownership rights for international buyers, the temptation to create your own home away from home is clear. NISADE has a highly experienced Development Team that can support you every step of the way, from identifying the perfect location for your project, through the acquisition, design, construction and delivery of the property. On the following page, you will find a price guide for reference to outline the expected costs of construction and what you should receive for your investment.

150

JPY PER M2 RESIDENTIAL STANDARD GRADE

650,000

RESIDENTIAL MARKET GRADE

800,000 +++

RESIDENTIAL MID TO HIGH GRADE

900,000 +++

HOTEL STANDARD GRADE

700,000

HOTEL MARKET GRADE

750,000 +++

HOTEL MID TO HIGH GRADE

850,000 +++

* These prices are only indicative, every project will depend on site conditions, length and size of the building. ** These prices do not include any specialist installations such as onsens custom exterior or interior works. *** The prices are inclusive of all the following: • Architectural, mechanical and electrical design that comply with Japanese earthquake safety regulations • Project management and contractor procurement • All furniture procurement and installation • Electrical goods procurement and installation such as microwaves, hair dryers, vacuum cleaners etc • Cutlery and miscellaneous goods so that the properties are ready to be lived in at the time of completion.

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TRAVEL YOUR WAY Whatever the journey. We deliver. Offering the widest choice of private jets and helicopters. We deliver charter solutions exclusively tailored to you.

For a no obligation quote, simply visit our website

n is e ko a l pi n e deve lopm e n ts NISADE (Niseko Alpine Developments) is a highly experienced project manager in the Niseko region. Our mission is to maximize the investment return to clients through proactive and comprehensive development management services. We offer bespoke services of an international calibre, providing the best project experience for our clients, including the following key aspects: •

Development management

•

Project management

•

Client presentation

•

Feasibility & due diligence

•

Brief development

•

Design & cost management

•

Construction supervision

Contact developments@nisade.com for more information.

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meet the DEVE LO PM E N T t e am

Jonat han Mart i n

H s i nyao Hs u

Ku n i h i ro Kon do

Glenn L l e no

CHAIRMAN

DEVELOPMENT D E PA R T M E N T DIRECTOR

SENIOR PROJECT MANAGER

PROJECT MANAGER

BACHELOR OF INFORMATION TECHNOLOGY MURORAN INSTITUTE OF T E C H N O LO G Y, JA PA N

BACHELOR OF SCIENCE IN ARCHITECTURE BULACAN STATE UNIVERSITY, PHILIPPINES

Kunihiro brings discipline of engineering background to projects. Experience in building management systems and specific local nuances ensures design is practical and functional from inception. Born in Japan working across a number of industries, Kunihiro and his young family are long term Niseko residents.

Glenn has over 16 years of industry experience in architecture and project management, including four years working on projects in an alpine environment. With a strong foundation in architecture and design, Glenn approaches projects with discipline and professionalism, ensuring projects are successful by applying his academic knowledge, expertise, skills and enthusiasm.

BACHELOR OF BUSINESS CHARLES STURT UNIVERSITY With over 17 years of experience, Jonathan has an extensive knowledge and skill base in Development Management. These skills were honed managing money of high net worth individuals in property development across industrial, commercial and residential development. As founding shareholder of an Australian Securities and Investment Commission (ASIC) licensed Funds Manager at Quantum Syndicate Management Ltd. Jonathan experienced the entire development mandate, from site identification, project financing, and due diligence through to project management, construction, and sales. Having developed circa USD 450M in residential property and projects, he is well versed in the processes and key competencies that ensure project success. Leaving Quantum, Jonathan’s vision was to focus on sustainable property investment in alpine environments throughout the world.

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DOCTOR OF ENGINEERING IN THE FIELD OF ARCHITECTURE THE UNIVERSITY OF T O KYO JA PA N Hsinyao is a trilingual (Japanese, English, Mandarin), highly experienced and fully qualified First-class Architect based in Japan. He has over 14 years experience in projects of different types and scales ranging from shared workspace design, F&B design to office buildings, commercial buildings and TOD development. With his experience in design, project management and construction management, he is no doubt the best partner for the clients in leading development projects to success.

T e ddy , F e i Kai S h u m

Ko Ki kuch i

T e ts uya N is h i zono

PROJECT MANAGER

MASTER OF ENGINEERING IN ARCHITECTURE AND URBAN PLANNING T O KYO I N S T I TUT E O F T E C H N O LO G Y, JA PA N Teddy is proficient in Cantonese, Mandarin, English and Japanese. As a First-class Architect in Japan and a LEED AP specializing in green building design and construction, she has over 10 years of experience in hospitality design and project management. Her skill set is diverse, spanning architectural design and construction as well as business strategy and development. Outside her professional life, she enjoys nature and indulges in her passions for ski, golf and horseback riding.

B.A. OF SCIENCE, BUSINESS STATE UNIVERSITY OF NEW YORK AT PLAT TSBURGH, USA Ko comes to us with diverse career experience, including industry experience working in an architectural firm, and is fully bilingual in Japanese and English. With her strong administrative skills, Ko provides support across multiple projects and is integral in keeping the team in working order.

BACHELOR OF ENGINEERING IN ARCHITECTURE M I YA KO N OJ O I N ST I TUT E O F T E C H N O LO G Y, JA PA N Tetsuya is qualified First-class Architect in Japan. Experience in a general construction company working as a construction manager. Ensuring all of projects have well-quality and working on schedules. He has moved to Niseko with his family working in an international environment.

T eam N ISADE Staf f The long-term staff of NISADE Services are experienced and have honed their skills within the company. With 50 full time staff the company is able to leverage all these skills on demand into projects. Our staff are qualified accountants, engineers, marketing specialist and administrators. Most are bilingual, tertiary educated and love Niseko with a passion. They believe in its future.

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