telstra 2008-12-21 18:56:39
The plunging Aussie dollar may have spoilt the Niseko property and real estate party this season, but there are a few companies using innovative approachs to try and keep Niseko property within an affordable range for Aussies who have been smashed by the fall in their dollar.
A company called Japan Powder Lodges have just launched Niseko's first fractional/shared ownership of property offering.
Basically it allows people to own a share of the freehold title of a renovated lodge called North Field in Izumikjoand get from 11-88 days usage of their own room each season.
Prices start from 1.5m yen
www.jplodges.com.au
Thoughts??