Shin Karuizawa - Narusawa
For sale at: JPY 60,150,000
Aerial view by Google Earth
Neighbor view by Google Street View
Introducing an investment property in Karuizawa, something which is relatively rare to find.
Narusawa area is a residential district located south to Karuizawa station. Karuizawa Prince Hotels and Prince Shopping Plaza (aka Outlets) are nearby. It is within walking distance from Shinkansen's Karuizawa Station, and therefore residential demand is high by workers in retail and service industry in this area.
Due to relatively high land price and stricter construction regulation (such as low BCR, building coverage ratio) to ones in other neighbor region of Nagano and Gunma, expected investment yield of this property itself may not look high enough to let investors consider it worth investing. However, value of owning an investment property in a premier resort place of Karuizawa is not measurable simply by the yield index. We strongly suggest you to look the property first and consider this rare opportunity.
Or, just email us.
See also our other property listings.