10 Ski Properties That Captivated International Investors in Japan This Winter

May 26, 2025

Chisenupuri Cabin 1

As Japan cements its place on the global map of lifestyle and investment destinations, interest in ski resort real estate has surged—particularly through Uchi, the country’s leading portal for resort property listings.

This past winter, investors from around the world explored listings in iconic destinations like Niseko, Hakuba, Nozawa Onsen, Myoko, and Madarao. These areas continue to attract attention not just for their world-class snow and infrastructure, but also for their year-round tourism potential, improving access, and relatively low acquisition cost—especially given the current weakness of the Japanese yen.

Below are the Top 10 Most Viewed Listings on Uchi for the 2024/25 winter season, showcasing a mix of high-potential investments, character-filled chalets, and well-located lodges. These properties represent the diverse opportunities available across Japan’s mountain regions—from boutique pensions to turnkey ski-in/ski-out chalets.

Uchitsune Nozawa Onsen Pension

UCHIDA PENSION 6

Location: Nozawa Onsen, Nagano 

Status: SOLD! 

A 9-room lodge just minutes from the Karasawa lift, combining local tradition with strong hospitality potential.

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Bird's Nest – Country Resort | Niseko, Hokkaido Status: For Sale – ¥78,000,000 / $540k USD. A modern 4-bedroom riverside home with open-plan interiors and a direct view of Mt. Yotei.

CR214 re shoot ext06 2411 1920x1080 HQ

Location: Niseko, Hokkaido 

Status: For Sale – ¥78,000,000 / $540k USD. 

A modern 4-bedroom riverside home with open-plan interiors and a direct view of Mt. Yotei.

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Madarao Tangram Studio Apartment

Tangram madaro tokyu 03 sunset external front

Location: Madarao, Nagano 

Status: For Sale – ¥6,000,000 / $40k USD. 

Affordable ski-in, ski-out apartment just steps from the lifts—fully renovated and ready for personal use. Price reduced!

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Campbell Lodge Hakuba

Location: Hakuba, Nagano 

Status: For Sale – ¥75,000,000 / $520k USD. 

A 10-bedroom, guest-ready lodge in the heart of Donguri Village—ideal for investors seeking turnkey rental potential. Price reduced!

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Shinsetsu 6

Shinsetsu 6 exterior 2

Location: Hirafu, Hokkaido 

Status: For Sale – ¥53,000,000 / $370k USD. 

A central Hirafu apartment in a highly popular complex, offering steady income and a reliable rental track record. Price reduced!

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Casa Bianca Goryu

Location: Hakuba, Nagano 

Status: HELD! 

A well-established 14-room inn steps from the Goryu lifts, appealing to buyers exploring operational investments.

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Chisenupuri Cabin

Chisenupuri Cabin 1

Location: Niseko, Hokkaido 

Status: For Sale – ¥39,900,000 / $280k USD. 

A secluded 2-bedroom cabin surrounded by nature—offering both privacy and access to nearby ski areas.

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Ski-in/Ski-out Chalet – Tsugaike

Hakuba Slopeside Chalet1

Location: Hakuba-Otari, Nagano 

Status: HELD! 

Direct slope access, a modern design, and excellent four-season potential define this rare chalet.

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Akakura Forest Chalet

Location: Myoko, Niigata 

Status: SOLD! 

A newly built forest retreat with three bedrooms and clean, contemporary finishes—ready for lifestyle investors.

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Raiko Place

Raiko Place LLP 4889

Location: Niseko, Hokkaido 

Status: For Sale – ¥999,000,000 / $6.9m USD. 

A world-class luxury 5 bedroom residence with floor-to-ceiling views of Mount Yotei and over 500 sqm of floor space. The ‘L-shaped’ residence was conceived with the explicit ambition to create an iconic building with world-class architecture and dramatic living spaces.

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Honourable Mentions: Most Searched New Developments

Niseko Realty Kaba Niseko Lot 18 2300

KABA® Niseko – A thoughtfully planned neighbourhood with luxury home sites with onsen and panoramic vistas.

Odin Hills – Premium design-led chalets in a gated community, created by one of Niseko’s most visionary developers.

Why Invest Now?

With the Japanese yen still at historic lows, investors are gaining unprecedented buying power—making it an opportune time to secure Japan resort real estate at global value pricing.

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