Overview of Saapasu Ooita Ekimae (サーパス大分駅前)
Saapasu Ooita Ekimae (サーパス大分駅前) is a 22-year-old condominium located at Ooita Shi Kanaike Machi 2 Choume 8-10 (大分市金池町2丁目8-10), Oita, Japan. Built in 2004, it comprises 123 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Anabuki Koumuten (穴吹工務店).
Pricing & Floor Plans
Based on 26 past listings, prices have ranged from 1,800〜5,200万円 (approx. $120,000–$346,667 USD at ¥150/$).
Unit sizes range from 63.6–97.2 sqm (685–1046 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥39.5万/sqm (approx. $2,631/sqm or $244/sqft).
Location & Neighborhood
The property is located at Ooita Shi Kanaike Machi 2 Choume 8-10 (大分市金池町2丁目8-10), Oita, Japan. It is a 6-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 123 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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