High Crest Kusatsu Urban Resort Building 1: A Spacious Resort Condominium in the Heart of Kusatsu Onsen
This property is a spacious 4LDK condominium located on the top (12th) floor of the High Crest Kusatsu Urban Resort, Building 1. The south, southeast, and east-facing corner unit offers excellent views. The property features a private area of 134.63m² and a balcony of 26.53m². The building itself is a 12-story reinforced concrete structure built in November 1993, making it 33 years old. Monthly fees include a management fee of 29,490 yen and a repair reserve fund of 18,310 yen, totaling 47,800 yen. Additional monthly costs include heating (23,672 yen year-round), Agora Club membership (19,116 yen), and a hot water base charge (2,494 yen).
Critical agent notes have been translated: The equipment includes central hot water supply, an electric cooking stove, and panel heaters (hot water system) for heating. There is no cooling/air conditioning system. Important remarks: Property viewings are not possible on Agora Hall closed days (principally Tuesdays). Viewing of the large communal bath is原则上 only possible during the cleaning hours from 10:00 to 14:00 (not available on Tuesdays).
A significant one-time cost upon purchase is the Agora Club facility usage deposit of 1,600,000 yen. Other purchase costs include fixed asset tax (approx. 170,000 yen), registration tax (approx. 220,000 yen), and real estate acquisition tax (approx. 420,000 yen). The transaction is handled via agency, with an estimated agency commission of about 561,000 yen. The current condition is a resort property, with handover timing negotiable and some furniture/equipment scheduled for removal.
The building offers extensive resort amenities, including a natural hot spring large bath (with open-air bath), a 20m indoor heated pool, a sports gym, tennis courts, table tennis, karaoke and mahjong rooms, and a multi-purpose hall. There is free outdoor parking for 224 vehicles. The location is in Gunma Prefecture's Agatsuma District, Kusatsu Town. It is approximately a 30-minute bus ride plus a 9-minute walk from JR Agatsuma Line's Naganohara-Kusatsuguchi Station via the Kusatsu Onsen Bus Terminal. The famous Yubatake (Hot Water Field) in Kusatsu Onsen is about a 10-minute walk away, placing you in the center of one of Japan's most famous and historic hot spring towns, renowned for its high-quality, acidic waters.
