Overview of Saapasushitei Odawara (サーパスシティ小田原)
Saapasushitei Odawara (サーパスシティ小田原) is a 19-year-old condominium located at Odawara Shi Sakaemachi 1 Choume 5-1 (小田原市栄町1丁目5-1), Kanagawa, Japan. Built in 2007, it comprises 169 units in a Reinforced Concrete (RC) structure. It was constructed by Anabuki Koumuten (穴吹工務店).
Pricing & Floor Plans
Based on 30 past listings, prices have ranged from 3,480〜16,800万円 (approx. $232,000–$1,120,000 USD at ¥150/$).
Unit sizes range from 67.6–138.9 sqm (728–1495 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥101.8万/sqm (approx. $6,789/sqm or $631/sqft).
Location & Neighborhood
The property is located at Odawara Shi Sakaemachi 1 Choume 5-1 (小田原市栄町1丁目5-1), Kanagawa, Japan. It is a 2-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
Investment Perspective
Scale advantage: With 169 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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