Bristia Hakone Sengokuhara Hotel Condominium: A Top-Floor Retreat with Onsen Access
This property is a hotel condominium unit within the Bristia Hakone Sengokuhara complex, offering a unique investment and lifestyle opportunity in the renowned hot spring resort area of Hakone. The unit is a 1-bedroom layout with a private balcony, located on the top (4th) floor of a 4-story building. The exclusive interior area is 50.62 square meters (approximately 15.31 tsubo), with an additional 10.00 square meter balcony.
Critical agent notes have been translated and incorporated. The property features access to the complex's hot spring (onsen) facilities, including a large communal bath and an open-air bath that utilizes water from the famous Owakudani hot spring area, though the water is diluted and reheated. The building also houses a cafe and restaurant called "Kotei" and a central fireplace lounge area for residents to enjoy. The unit comes fully furnished with hotel-specified furniture.
It is essential to note the specific operational conditions. Ownership requires entering into both a "Lodging Facility Lease Agreement" and a "Lodging Facility Asset Management Business Entrustment Contract" with the hotel operator. These contracts cannot be canceled as hotel operation is a prerequisite. The rental income generated from the lease agreement is variable and not guaranteed after purchase. Furthermore, a usage fee is charged to the owner when they personally stay in the unit. The property is also located within a designated sediment disaster warning area (Yellow Zone).
Monthly running costs total 41,950 JPY, broken down into a management fee of 32,000 JPY, a repair reserve fund of 8,600 JPY, an asset management service fee of 1,100 JPY, and a neighborhood association fee of 250 JPY. Utilities are billed separately. The purchase involves additional one-time costs, including a contract stamp duty of 30,000 JPY and an agency commission of 3,029,400 JPY (calculated from the listed price).
The property is situated in the scenic Sengokuhara area of Hakone, Kanagawa Prefecture, known for its vast grassy fields and autumn pampas grass. An interesting local fact is that the area sits on an ancient volcanic plateau, and the famous "Owakudani Valley" with its active sulfur vents and hot springs is a major nearby landmark, easily accessible and providing the source for the complex's onsen water.
