Ever thought of owning your own ski lodge or small hotel in Japan?

It may be closer to reality than you think.

buy japanese ski lodge real estate

About This Investment Opportunity:

A luxury holiday home or ideal boutique hotel site

An incredibly rare opportunity awaits you in Ryuoo Ski Park (Nagano), with world class skiing at your doorstep, this remarkable building offers truly ski to the door convenience and is beautifully crafted for the conditions and location. A stunning mix of Japanese architecture and western luxuries.

Ryuoo Ski Park has an enviable location in North Nagano bordering Niigata Prefecture and is surrounded by world class ski resorts, and the famous snow monkeys of Jigokudani. With just one other western hotel operator in the village (HK owned 70 guest room ‘T Hotel Ryuoo’ opened Feb 2019), Ryuoo is primed for capital growth as the western world discovers what the Japanese have known since 1961.

Conveniently located, just 101 mins from central Tokyo direct on the new Shinkansen line through to Iiyama Station and a short 20 min shuttle bus or taxi from Ryuoo.

buy japanese ski lodge real estate

buy japanese ski lodge

buy japanese ski lodge

Property Key Statistics:

  • Approx. 7,850m2private land (Approx. 604m2 currently registered for land tax)
  • Approx. 690m2 under roof
  • Built in 1997 at a considerable cost, approx. AUD$4m by one of the leading Nagano construction companies
  • Original company owners used the building sparingly as a staff vacation home, it has never been operated as a hotel
  • Sleeps approx. 22 guests per night (subject to hotel license) + staff quarters
  • Full commercial kitchen with private staff entrance
  • Welcome desk / staff office
  • Large foyer with extensive storage
  • Communal living room with two fireplaces, (gas and timber) incorporating beautiful views over the ski runs and with wide mountain views
  • Communal dining area with extensive glazing to maximise the views
  • Ducted reverse cycle air conditioning / heating
  • Front external stairs and balcony are heated to melt the extensive snowfall
  • 7 x guest suites including 4 family rooms or luxury one bedroom suites + 3 king rooms, all with ensuite toilets

  • Basement Lodge Managers private apartment with kitchen, living, bathroom and two bedrooms
  • Seperate staff accommodation with private bathroom and two bedrooms
  • Spacious ground floor separate men’s and women’s onsen style bathrooms

Prime opportunity to own the western traveller market and get it early for strong capital growth similar to that of local resorts now heavily owned by westerners (Madarao Kogen, Nozawa Onsen, Myoko Kogen etc). For example, first western owners purchased in Madarao end 2015, in 3.5 years the base prices have more than TRIPLED and the resort is now 40% western owned.

Estimated Outgoings:


  • Electricity-approx. ¥200,000/year (supplied by Chubu Electric Company)
  • Public water-approx. ¥25,000/year (supplied by town)
  • Sewage water-approx. ¥160,000/year (maintained Ryuoo Association)
  • Gas: LPG supplied by local suppliers
  • Internet-NTT  “Hikari” available
  • Heating by kerosene-Have 20,000 L tank at underground. The cost depends on the capacity of hotel, But assumed approx. ¥1,800,000 in case of full capacity.


  • Have to join Ryuoo Resort Association and need the members’ full-agreement (not necessary if purchasing the property for use as a holiday home). Entry fee to join the association- ¥2~5M (A chance this could be ¥2m or even zero if introduced by the correct person at Ryuoo which we can try and assist with).
  • Annual fee of Association is ¥50,000~70,000
  • Initial purchase property tax approx. ¥2.5M payable 4-6months later
  • Annual property tax: approx. ¥800,000
  • Need a hotel license approved by local Fire Dept./Health Dept. approx.. ¥300,000
  • Private road charges ¥20,000~30,000/year

buy ski lodge japan

buy ski lodge japan

About Ryuoo Ski Park

Ryuoo Ski Park (also often spelt as Ryuo, a dragon king) is a ski area in the Nagano Prefecture between Shiga Kogen and Nozawa Onsen.

Located in Yamanouchi town in the north-eastern region of Nagano. The area has traditionally been known as Kita Shiga (a collection of 4 independent ski resorts). The resort features a 166 capacity Ropeway, the biggest of its kind in the world, which connects the lower Valley area with the top Skyland area. Skyland features some gentle slopes that are suitable for beginners, the steep Kiotoshi runs coming down from the top Ropeway station are popular for a good challenge.

Surrounded by world class resorts including Japan’s largest ski resort, Shiga Kogen (a collection of 19 individual resorts which hosted much of the Winter Olympic action), and the 4 local ski resorts making up the Kita-Kogan region of which Ryuoo is one.

Ryuoo is within short drive of both Nozawa Onsen, 22km (the spiritual home of Japanese skiing) and Madarao Kogen 25km, both rapidly growing with international ski interest.

What Powderhounds.com says about Ryuoo:
Whilst Ryuoo seems popular with the locals, it’s mostly devoid of gaijin. Perhaps it’s the lack of English signage about the resort or that it’s a fraction harder to get to compared to the higher profile Nagano ski resorts. Either way it’s really good news for foreigners looking for powder or a genuine Japanese experience. Now that the Shinkansen goes through from Tokyo to nearby Iiyama (only 15km away), Ryuoo is likely to become easier to get to and more popular, so head there soon before it becomes swamped with all the powder punters!

  • Not much English is spoken at Ryuoo, so it’s a great spot to experience the real Japan.
  • Ryuoo Ski Park has pretty good elevation, so the snow quality is generally pretty fluffy, especially up top.
  • The beginner terrain is very good and has nice progressions.
  • The terrain serviced by the ropeway is fantastic for strong advanced riders, and there’s unlikely to be much, if any, competition for the fresh powder.
  • The views from the Sora terrace at the top of the ropeway are pretty special.

Powder hounds are lured to Ryuoo for the Kiotoshi section. On-piste there are a couple of ungroomed courses, one with a maximum pitch of 36 degrees that often develops bumps. The real action is in the nearby trees. With just a little bit of traversing, a myriad of fabulous steep treed lines can be accessed.

What visitors say about Ryuoo:

“Ryuoo is one of those hidden gems. One of the few places in Honshu that has a ropeway to move a lot of people if needed. Not that this is the case as there is no competition from westerners at this resort. Mountain is broken into three areas. The bottom and top ski areas are great for beginners and intermediate skiers and boarder. The middle section which is serviced by the ropeway is the advanced powderhounds playground with some excellent vertical and wicked tree runs. The locals really make the few westerners that frequent this resort feel at home and one gets the feelings that they would love to see more people from the around the world come and experience their little slice of paradise. Can’t wait to get back there.”

buy ski lodge japan

buy ski lodge japan

buy japanese ski lodge real estate

buy ski lodge japan

buy ski lodge japan

Asking Price: ¥45,000,000


AUD: $597,000, NZD: $622,000, USD: $410,000, EUR: €370,000, GBP: ‎£312,000

This is an incredibly rare opportunity to own a prime ski resort investment – use it as your own vacation home + income producing asset or custom design your dream boutique lodge/hotel – the choice is yours.

Enquire Today

buy japanese ski lodge real estate

Getting To Ryuoo

International travellers arrive by high speed Shinkansen Train from Tokyo, Osaka + other airports across the country linking directly to this region for safe, reliable and fast connection times.

Total travel time from Tokyo Station to Iiyama Station is 101 mins on the Shinkansen Train.

From Iiyama Station a free shuttle bus runs to Ryuoo on weekdays or a 20 minute private taxi.

Alternative routes include the Shinkansen to Nagano, followed by an 80 minute bus to Ryuoo, or alternatively get a train onto Yudanaka (check Hyperdia for routes, timetables and fares) and a free shuttle bus to the resort (3 each day).

shinkansen train to madarao

Key Ryuoo Ski Park Statistics:

  • 2018/19 winter season saw 222,000 skiers/boarders (+20% winter visitors than Madarao Ski Resort). Official statistics available here in Japanese.
  • 2019/20 Dec stats saw 38,000 skiers/boarders – an increase of +26% on the year prior
  • 2018/19 green season (last qtr) saw 98,000 visitors to the Ryuoo cable car/Sora Terrace to view the “Sea of Clouds”
  • 10-15m annual snowfall
  • Ryuoo – 17 ski courses/trails, 13 lifts
  • High elevation for Japan, up to 1930m
  • 1080m vertical, comparable to Nozawa Onsen and Hakuba Happo One
  • Long season, typically open from early December to May
  • Good beginner terrain near base, and steep advanced terrain up top
  • 35% beginner, 40% intermediate, 25% advanced
  • Known to young Japanese, nearly untouched by foreigners
  • Multiple terrain parks
  • Extensive back/sidecountry for advanced riders
  • Worlds largest cable car with capacity for 166 skiers or sightseers taking you to the top which features Sora Terrace (restaurant and viewing platform)
  • The ski resort is family friendly. There is child care, kids ski school (including English speaking instructors), and lots of activities such as a snow park, tubing, and snowmobiling.

buy japanese ski lodge real estate

Enquire Today

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buy japanese ski lodge real estate