Resource Center

Thanks to our exclusive Hirafu Listings Database, detailing the real estate market fundamentals of the area, we are able to assess the characteristics of this promising market. In this edition, we aim to analyze the types of property on the market in Niseko, their relative prices and the general real estate trends in Hirafu.

Since gaining independence in December 1991, Kazakhstan’s economy has undergone deep transformation.

In our last edition of the Niseko brief, we outlined how newer developments are being put on the market at a higher price point indicating that Niseko’s real estate market is changing to accommodate a wealthier demographic. We concluded that Niseko is becoming more luxurious and will continue to be, based on the current and planned construction projects in the area. 

With Niseko now boasting a robust summer tourist scene in addition to its main winter season, luxury developers are increasingly interested in becoming a part of the town’s future.