Part 6/10:
Costs, Challenges, and the Reality of Ownership
Owning property in Niseko does come with ongoing costs. Owners typically pay monthly management fees, which include a percentage of rental revenue (around 30%) plus a fixed fee of about 30,000 Yen (roughly $230 USD). Additionally, construction costs in Japan are high, contributing to elevated property prices.
Unlike some markets where banking institutions readily provide mortgage loans to foreigners, Japan’s lending environment is restrictive. Foreign investors often must fund their purchases through cash or offshore financing, which can increase the investment’s complexity and initial financial commitment.