Why Australian investors are heading to Japan
Australians are travelling in ever-growing numbers to ski in Japan and this is leading to an increasing number of them buying a property that they can rent out when they’re not there, as well as commercial ventures such as guest houses and hotels. The investment spree started with small units in popular ski areas like Niseko 15 years ago, and has now spread to bigger properties in the less well-known resort regions. “There’s still certainly a lot of interest from Australians in buying property in Japan and they’ll be playing a more significant role in areas beyond Niseko now,” said Simon Robinson, of Hokkaido Tracks Real Estate, which has built more than 200 properties in the Niseko-Hirafu area.
Tags : INTERNATIONAL