Prime Development Land in Hakuba's Wadano Neighborhood
This is a 500 sqm land parcel located in the upscale Wadano neighborhood of Hakuba, Nagano Prefecture. The property is priced at JPY 115,000,000 and is ideal for developing a luxury ski chalet. The land has a Building Coverage Ratio of 70% and a Floor Area Ratio of 200%, with a maximum building height of 18 meters.
Hakuba is emerging as an international four-season resort destination, similar to Niseko in Hokkaido. It offers access to 10 ski resorts across a 40 km valley of beautiful mountains. The Wadano neighborhood is known for its luxury ski chalets and hotels.
The location is convenient, near Hakuba's main commercial area called Happo, with easy walking access to a wide range of restaurants, bars, shops, and hotels. The Hakuba Happo Bus Terminal and Hakuba Happo Onsen are both less than a 10-minute walk away. The Gondola at Hakuba Happo-One Resort is a 15-minute walk or less than 5 minutes by car.
Land values in Hakuba are rising due to strong demand from both domestic and international investors. Hakuba was the site of the 1998 Nagano Winter Olympics, so infrastructure and global awareness are already in place for continued success.
