Overview of Raionzumanshon Koube Daisan (ライオンズマンション神戸第３)
Raionzumanshon Koube Daisan (ライオンズマンション神戸第３) is a 34-year-old condominium located at Koubeshi Hyougo Ku Shinkaichi 6 Choume 2-3 (神戸市兵庫区新開地6丁目2-3), Hyogo, Japan. Built in 1992, it comprises 50 units in a Reinforced Concrete (RC) structure. It was constructed by Arai Kumi (新井組).
Pricing & Floor Plans
Based on 53 past listings, prices have ranged from 398〜1,500万円 (approx. $26,533–$100,000 USD at ¥150/$).
Unit sizes range from 18.9–40.5 sqm (203–436 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2K (2-bedroom w/ kitchen), 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 1R (Studio), 1DK (1-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥25.1万/sqm (approx. $1,671/sqm or $155/sqft).
Location & Neighborhood
The property is located at Koubeshi Hyougo Ku Shinkaichi 6 Choume 2-3 (神戸市兵庫区新開地6丁目2-3), Hyogo, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 50 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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