Noel Naeba Resort Condominium
This is a sale listing for a 1K unit in the Noel Naeba condominium complex, a well-established resort property in Yuzawa Town, Niigata Prefecture. The property is priced at 600,000 yen and is currently under a fixed-term lease agreement until the end of May 2026, generating a monthly rent of 42,000 yen. As an owner-change property being sold directly by the agency, no brokerage commission is required. However, viewings are not possible due to the tenancy. If purchased during the lease period, the buyer must enter into a rental property management consignment contract with the agency.
The unit itself is a compact 22.61 square meters on the 6th floor of a 14-story building, built in December 1991 (35 years old). It faces east. The property comes with basic equipment as noted by the agent: hot water supply via an electric water heater, an electric cooking stove, and baseboard heaters for warming. There is no cooling/air conditioning installed. Monthly fees total 12,430 yen, comprising a 10,170 yen management fee and a 2,260 yen repair reserve fund, with an additional 700 yen per month for cable broadcasting.
The true appeal of Noel Naeba lies in its extensive shared resort facilities. Residents have access to a 24-hour hot spring bath (with heating and circulating filtration) and sauna (free), an indoor heated pool (free), a multi-purpose room, billiards and table tennis (for a fee), a karaoke room, and ski lockers. The building features a front desk with staff, 24-hour auto-lock security, and both paid indoor and outdoor parking. The complex is located within a 13-minute walk from the famous Naeba Ski Resort, making it an ideal base for winter sports enthusiasts.
The area surrounding Yuzawa is renowned for its deep snow and world-class skiing, part of the larger Joshinetsu Kogen National Park. An interesting fact is that the town's proximity to Tokyo via the Joetsu Shinkansen earned it the nickname "Tokyo's Snow Country," transforming it from a remote hot spring village into a major winter sports destination. The closest major landmark is the expansive Naeba Ski Resort, which is part of the massive connected ski area that includes the legendary Kagura and Tashiro slopes.