Royal Town Land 498sqm (150 tsubo)

Description

Royal Town Villa-Build Site  Beautifully situated within the popular and in-demand area of Royal Town, this generous site of 498sqm (150 tsubo) is ideal for a large holiday villa, or simply as a landbank for future on-sell. Located only 2km from Annupuri Resort, and a mere 1.5km from Moiwa ski fields, both are under 5mins drive, making this site highly desirable for a future villa or chalet build and perfect for a family holiday home! Royal Town has a genuine charm with mature trees softening this residential area, and with recent luxury home builds, this is certainly becoming the place to be for many seeking that idilic winter wonderland and summer escape. Benefiting from well planned infrastructure, Royal Town has all the necessary and required utilities of town water, electricity and even genuine onsen water connection available. Onsen connection is already a huge draw and selling point, and will only become a greater factor in years to come, enabling land with this feature to trade at a significant premium over land without. Likewise for rentability and maximising annual returns, villas with genuine onsen are in high demand in the rental market and are able to command a much higher nightly rate than those without. Building regulations in this area are well established and generous for the purposes of building larger homes. With a 50% land to build ratio, a 200% gross floor area ratio and a hight limit of 13m, this site can easily be used to build a large family home and double up as a revenue generating investment property. The market for land plots in Royal Town has been active in recent months, and we expect this site to generate significant interest!!! Please contact us for more details and to schedule a viewing [email protected]