Yukimatsu Cottage - Misorano

This 3-bedroom chalet is one of the best-performing holiday homes in Hakuba. Located near the Marriott Hotel and managed by Hakuba Resort Homes, this charming and comfortable 79 square meter chalet sits on a rectangular 433 sqm site and can be expanded or rebuilt up to an additional 94 sqm for a total of 173 sqm. After over 10 years of stellar rental performance, Yukimatsu is ready for either a light renovation or additional customization to meet your mountsin chalet dreams (think external sauna, hot tub/jacuzzi and fire pit!).
Paired with the now available adjacent site, Echoland Prime Lot Uzumi, there are multiple possibilities for expansion, total rebuild or land banking.
Based on the asking price, this property yields 6% post-expenses for the year ending April 2024, and we forecast a net yield in excess of 7.5% for the next 12 months.

Do not hesitate on this rare combination of an excellent location, proven performance, and in-place quality management.