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  • Japan offers not only a host culture with hospitality at its heart but an undeniable landscape decorated in lush forests and powdery snow-covered mountain slopes
  • Ultima United (UUL) is planning big on the region, currently developing three plots of property to build high-class accommodation for the most discerning ski enthusiasts
  • Looking ahead, the C9 Hotelworld report says the Niseko village region might be the home to the 2030 Winter Olympics alpine events
  • Four-storey chalets will be built within the Tellus Villas Estate and will offer 500 meters of living space with four bedrooms and a private Onsen in each

Japan offers not only a host culture with hospitality at its heart but an undeniable landscape decorated in lush forests and powdery snow-covered mountain slopes.

Japan’s scenery offers flexibility and variety for any tourist or a long time traveller.

Within the Hokkaido region sits a ski resort village called Niseko, which breams with the potential to be the top of every holiday goers post-pandemic travel list.

Ultima United (UUL) is planning big on the region, currently developing three plots of property to build high-class accommodation for the most discerning ski enthusiasts.

The region is well known for its ski-resort lifestyle, and demand has driven up prices in the idyllic region.

According to Niseko’s 2021 C9 Hotelworks Market Research, the village’s property market peaked at US$2.69 billion (A$3.57b) in new projects and off-plan transactions.

Looking ahead, the report said the Niseko village region might be the home to the 2030 Winter Olympics alpine events, which will likely result in upward price pressure in the area.

C9 Hotelworks data shows 68 per cent of condos within the region are sold at an average of US$1.68 million (A$2.23b). Land prices are expected to grow in line with wider market movements.

The Ultima plan

Ultima United is an ASX listed property developer with projects in Niseko’s snowy slopes, expanding its real estate portfolio.

The developer has been working on a network of multi-storey chalets with a focus on harnessing the breathtaking views of the region.

Four-storey chalets will be built within the Tellus Villas Estate and will offer 500 meters of living space with four bedrooms and a private Onsen in each.

Ultima United plans on developing these high-value properties and expanding its portfolio of attractive real estate ventures at a low-risk entry point for AXS investors through its shares.

Pre-pandemic data from Statista recorded more than 200,000 visitors to Niseko each year. While the slopes fell quiet during the pandemic, visitors are expected to flood back to the trails once more when borders fling open.

Ultima is well-placed on the precipice of a potential boom in the ski resort sector, with the region’s star real estate market set to match.

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