This is a difficult equation for many a Niseko investor.

From the outset, houses appear better value for money - privacy, land, space for the family. However, scrutinize ski-in ski-out apartments and it may well be a different story.

APARTMENT | CONDO | PAD | FLAT

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Liquidity. Buying ‘beachfront’ assets mean easier to sell – a proven fact with all Hirafu ski-in ski-out apartments outselling any other product, by far.

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Occupancy rates. Ski-in ski-out apartments fill first and vacate last over houses – this means longer seasons and higher income for apartment investors.

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Running cost. Snow clearing and utility costs on one house are exponentially more expensive than on apartments.

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Walk to lifts. There are no true ski-in ski-out houses in Hirafu – this means car or bus transport or a walk in ski boots…

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Location to village centre. All Hirafu houses are further away to the village centre than apartments.

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Capital appreciation. A ski-in ski-out location will hold value over ‘suburban’ locations.

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Features. New apartments in Niseko have a better array of amenities and features at hand. For example front desks (nothing better than service on your doorstep).

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Convenience. Large houses in the lower village for families work well until – weather gets bad, kids start to gripe, bus is late, your friends are staying elsewhere.

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Social. Skiing holidays are all about the friends & family – we can attest as some of our whole apartment floors have been rented out during Chinese New Year – something not available to house owners.

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Quality of product. Most high end Hirafu apartments use world renown Interior Designers, Project Architects, Consulting Architects, Project Managers and Builders.