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Niseko area in Hokkaido – Newly built apartment building for sale Japanese of this page

Post: Tuesday October 17, 2017

The Niseko area in Hokkaido gradually gained popularity among Australian tourists who visit its local ski resorts. The Niseko area has become a world-famous resort town standing out amongst the other areas of Hokkaido.

Niseko attracts many foreign tourists as a sightseeing spot for enjoying outdoors leisure year round. Some examples of its outdoors experiences would be its quality hot springs, skiing in winter, climbing Mt. Yotei, Niseko Annupuri, and rafting down the Shiribetsu River in the summer time.

The Niseko area is now experiencing a boom in development and housing demand is increasing, particularly in the neighboring Kutchan-cho area. Here we would like to introduce a new 7-story apartment building with a total of 42 dwelling units available for sale.



The boom of Niseko development

In the Niseko area, from 2004 to 2015, about 150 billion yen has been invested in real estate. During this time, existing hotels and condominiums were purchased one after the other by foreign investors. The official land price for a cottage size area adjacent to the Niseko Hanazono Resort rose by 20% in 2015, making it the highest price inflation in Japan for the year. The area is expected to see further development in the coming years due to the interest of some globally known hotels. The Park Hyatt Niseko HANAZONO will be opening its doors in 2019, while The Ritz Carlton has plans for constructing a new hotel in 2020.

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Increase of housing demand in Kutchan-cho

As there are few shopping facilities around Niseko’s cottage area, the housing demand, by foreign permeant residents employed in hotels, is increasing in the downtown area of Kutchan-cho; which is adjacent to Niseko. Due to the recent housing demand, there has been a lot of development in Kutchan-cho with stores and houses being built one after the other. The population of foreign residents in Kutchan-cho has been increasing since 2003. As of February 2017, the number of households that have registered Kutchan-cho as their residence has risen to 1,400.


For investors we are introducing a plan for a 7-story apartment building with 42 total dwelling units. The building will be located within walking distance from Kutchan Station, in the downtown area of Kutchan-cho. Housing demands by foreign permanent residents and Japanese employees working in hotels and the leisure industry in Kutchan-cho are steadily increasing.

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Access to Niseko & Kutchan

  • - By Car & Bus: Approx. 2 hours & 40 minutes from New Chitose Airport
  • - By Train from New Chitose Airport: New Chitose Airport to Kutchan via Otaru: Approx. 2 hours & 45 minutes
  • - New Chitose Airport to Otaru: Approx.75 minutes (by JR Airport Express Train)
    Otaru to Kutchan: Approx.90 minutes



Kutchan Station >


Property Description

Sales price: JPY480,000,000 (Land + Building)

Expected net yield: 8.24%

Address: 1-chome, Kitasanjonishi, Kutchan-cho, Abutagun, Hokkaido

Station: 13min-walk from Kutchan Station of JR Hokkaido Hakodate Line

Building use: Apartment

Structure: SRC with 7 floors

Lot area: 1052.850㎡

Gross floor area: 2457.906㎡

Gross Units: 42 units (1LDK with approx. 40.0㎡per unit)

Parking Lot: 38 car spaces

Plan for completion: April, 2018

For further details, please feel free to contact us:
Sales Division Staff: (Mr.) Kajikawa at 03-3588-0131 or



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