Land in the Kabayama area is now becoming scarce, especially blocks with road frontage and of this size: 400 tsubo = 1,330 sq meters and this is just a 1 minute drive to the Ski lift located behind The Vale and Aya. This block has immediate commercial viability as it comes with full technical plans for a 36 room hotel and building permission approval from the local council. A development/ investment opportunity primed to go is a rare opportunity in Niseko. Competitive quotes from 3 building companies have already been received and the hotel foundations could still be built this year with completion of the project before the winter of 2018/ 2019.
For Land plus council approved plans for 36 room Hotel: 172, million yen.