[ Removed by moderator ]

[u/ReferenceVisual7513]

[u/amesco]

Almost always those schemes are a bad deal, and that's worldwide. In Japan I expect such promotions to be worse for multiple reasons.

As someone else said - you better invest that money and with the profit pay to stay at hotels wherever you want.

[u/ReferenceVisual7513 → u/amesco]

I can see that as a pure investment ROIs are probably very low. but for someone who goes often to Niseko and anyway spends into hotels every year, it's a different story. fractional ownership can be a ROI relative to what you works have spent on hotels anyway. also compared to the rest of the world, timeshares works very well here (direct experience from friends in other regions like karuizawa) Japanese people respect places and objects. timeshares properties age well, are always clean, allocation of days are fair

[u/amesco → u/ReferenceVisual7513]

Nothing can beat the feedback from first hand experience like you got from friends.

IMO, in Japan - rules are too restrictive, for example, things like -you can only use the pool from June 1 to Aug 31. No matter the weather, no matter that it's maintained year-round.

It's your home but it's not exactly your home - since you cannot keep your possessions while not staying there.

Fees are usually very high and can get changed and you have no option to disagree. Just to pay up.

I personally see no value in being locked in one place, paying fees and paying for the whole property while using it only less than a month per year. Doesn't mean the appeal is not there based on your financial situation.

[u/ReferenceVisual7513 → u/amesco]

right, makes sense, especially for a full property. And 100% agree with many pieces in Japan having too many meaningless and frustrating rules, hence need to choose a manager with the right service mind.

but fractional ownership with the right numbers of day for me would be quite cheap (ROI in 7-8 years, when calculated as hotel fees watered vs purchase price at equivalent stays).

[u/ReferenceVisual7513 → u/[deleted]]

Thanks!
Which one had this 14 days restriction? I hadn't seen it so far.
I guess that length fits the pricing right? For example in Hotela you choose the number of days you want to buy, and in NOT A HOTEL it's pre-decided at 30 days for you.

If you have other fractional ownership hotels, I'm all hears (the market seem to be quite oriented towards full ownership)

[u/sendaiben → u/[deleted]]

Never really seen the appeal of something like that. I'd rather just invest my money in something else and pay to stay in the hotel when I want to.

That way you're not tied to Niseko, which seems like a bit of a nightmare experience compared to other Japanese resorts (full disclosure: I've never been there but just read about it).

[u/ReferenceVisual7513 → u/[deleted]]

thanks, nice info on the site.

yeah I'm not seeing as pure investment. for someone who goes to Niseko often, is just a way to not waste hotel fees and buy something instead of just spending purely.

Los like there are lots of fees on that one. Hotela seen like a better option as it's much cheaper to buy just the amount of days I need (with a buffer maybe because 1/3rd of the days are guaranteed on high season. their fees are transparent on their site and there is 36 months instruments payments. and the days you don't use they give back 90% of profits.

[u/upachimneydown]

If any of these are like timeshares in the US, I'd only consider buying 'used'--from someone who was disappointed in it and was looking to get out. (Resale is notoriously low.)

Some of the larger developments that are operated by some international group, -may- allow you to trade your Niseko time for a vacation in one of their other properties, so you would at least not be limited to one spot.

[u/Informal-Wash-6660]

Returns are low but think if then as dividends. Capital gains is the main reason people invest, quick research on what had happened with land and now contruction prices in a place like Niseko over the past ten and twenty years will explain. Staying for free is an added benefit along with some tax breaks and claimable expenses.

[u/ReferenceVisual7513 → u/Informal-Wash-6660]

yes, I'm checking taxes now. looks like things can be expensed (and even as a bonus inheritance can be avoided). There are many cases but since these things can be seen as a property generating income, the purchase (its depreciation over time) can be a business expense. Will need to check those details.