Happo Chalet & Development Site
Hakuba, Nagano
This 1,000 sqm site in the heart of Happo offers an unparalleled opportunity to own a property near the new Happo-One gondola which is due to complete in 2027. Perfectly positioned for easy access to one of Japan's top ski destinations, this property is ideal for those looking to invest in the rapidly growing Happo area.
The site currently features a 6-bedroom chalet that can either be retained for personal use or as a rental property, or cleared to make way for a multi-storey condominium or townhouse development. The property's size and location provide endless optionality for future redevelopment.
The chalet is a top performing rental property given its good condition and convenient location, and it will provide the purchaser with a strong income stream until the property is redeveloped.
The key building parameters for the potential redevelopment of the site are as follows:
- Floor area ratio of 200%
- Site coverage ratio of 60%
- Height limit of 18m
This is a rare chance to secure a well-located property in one of Happo's most sought-after locations. Contact us today for further details or to arrange a viewing!
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