Kutchan Takasago

JPY 52,800,000

( 8.00% est. net yield )

( 2LDK x 4 unit apartment )

Much needed new apartment in the area for family use in mind. Conveniently located between downtown Kutchan and Niseko Hirafu, this newly completed apartment building houses 2LDK x 4 units with the popular Mt. Yotei view. Just off national road Route 5, yet safely away from the traffic and noise, the apartment provides easy access for commute while keeping the family cosy. Each unit is equipped with kerosine stove, gas boiler, intercom with TV monitor, and AC.

New apartment building in this price range has become scarce in the Kutchan/Niseko area as the construction costs climb and the land price soars. Still, there is constant shortage of housing and lodging in this rapidly emerging resort area, and demand for supply continues to remain strong. Whether for residential or for commercial, when there is new property in the area it is quite worth giving it a serious consideration.

Two years in a row, Kutchan marked the fastest land price increased area in Japan, both as residential area and commercial area. Major hotel brands from around the world are taking notice of the area and continue to announce their new up-scale and large-scale projects coming to the area.

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Price JPY 52,800,000 (includes tax on building; no tax on land)
Layout 2LDK x 4 unit apartment
Est. net yield 8.00% estimated net yield
Est. income JPY 4,220,004 (JPY 351,667/mo)
Structure Wood
Built December 2019
Total floor area 236.50m2 (71.54 tsubo) / Exclusive area 55.37m2 per unit
Floors / Units 2 floors / 4 units
Land area 265.00m2 (80.16 tsubo)
Car space 4
Bldg.-coverage ratio / Floor-area ratio N/A
Use district Not designated
Address Takasago 208-57, Kutchan

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