Investment Opportunity in Niseko Hirafu: Three Cottages with Mount Yotei Views

Located in the quiet Izumikyo neighborhood of Niseko Hirafu, this property consists of three adjacent log houses on a spacious 1,475 square meter corner lot. The site offers views of Mount Yotei and presents an opportunity for investors seeking both immediate rental income and long-term redevelopment potential. The three plots total 446.68 tsubo (1,475 square meters). One of the houses currently holds a night-stay permit, while the other two are popular as long-term rental options with stable tenants.

The first house, named "Niseko Cottage," is a two-bedroom, one-bathroom log house spanning 68 square meters (first floor 39 square meters, second floor 29 square meters) on a plot of approximately 145 tsubo (478 square meters). The second house, named "Rosti," is a two-bedroom, one-bathroom log house with a valid permit, also 68 square meters (first floor 39 square meters, second floor 29 square meters) on approximately 145 tsubo (478 square meters). The third house, named "M-Yuki," is a three-bedroom, one-bathroom log house of 86 square meters (first floor 59 square meters, second floor 27 square meters) on approximately 156.6 tsubo (517 square meters).

All three properties are currently rented, providing returns that cover holding costs. The property was built in 1990 and has road water and road sewer services. The floor area ratio is 40%, and the building coverage ratio is 200%. The property is partially furnished and is situated in a resort area with access to golf, skiing, tennis, and other outdoor recreation, offering a mountain and countryside lifestyle.