This 2,660 sq meter block of land is ideal for a mini development of a hotel, plus condominiums or villas. It is located in Izumikyo, a unique area with manicured lawns and expansive private dwellings just a 2 minute shuttle ride to the Gondola. Izumikyo has always been recognised as a classy area but prices have yet to experience the large increases that occurred in the central Hirafu area. This land is some of the very best in Izumikyo because of the outstanding views of Mount Yotei. The savvy investor would do best by also purchasing the next door land of a very similar size, 2540 sq meters, as this would obviously allow a bigger development. At present the Heritage building comprised of four 199 sq meter apartment stands on this adjacent land, and will generate a nice income for the owner until redevelopment plans are finalized.

Please contact us for more details.

[URIS id=180]
Transportation
Time to Kutchan Station: Driving 9 mins (approx. 5.8 km)
Time to the Bus Station: Walking 2 mins