The key areas across Hokkaido are experiencing a broad-based growth in tourism and investment. While Hokkaido is evolving into a global travel destination, luxurious accommodations and services are required for International Travelers. List Sotheby’s International Realty collects a range of different resort accommodations in this “Winter Wonderland” offering great investment potential while enjoying the powder snow.
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Brexit, the US-China trade war, and the political crisis in Hong Kong all drive the global investment funds diving into the Japanese real estate market. The influx of deep-pocketed foreign players, supported by the Bank of Japan’s ultra-low borrowing cost that offers attractive returns, indicates that the property boom in Japan especially Tokyo is unlikely to lose steam anytime soon.
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Inbound Tourism exceeded its forecast in 2018 and contributed 4.5 trillion yen to the local economy. The number of overseas visitors are expected to reach 30 million by 2020 and 60 million by 2030.
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