Overview of Famiiru Tagajou Chuuou (ファミール多賀城中央)
Famiiru Tagajou Chuuou (ファミール多賀城中央) is a 23-year-old condominium located at Tagajoushi Chuuou 3 Choume 18-20 (多賀城市中央3丁目18-20), Miyagi, Japan. Built in 2003, it comprises 9 units in a Reinforced Concrete (RC) structure. It was constructed by Takenakakoumuten (竹中工務店).
Pricing & Floor Plans
Based on 26 past listings, prices have ranged from 1,600〜3,280万円 (approx. $106,667–$218,667 USD at ¥150/$).
Unit sizes range from 66.0–104.0 sqm (710–1119 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥33.5万/sqm (approx. $2,236/sqm or $208/sqft).
Location & Neighborhood
The property is located at Tagajoushi Chuuou 3 Choume 18-20 (多賀城市中央3丁目18-20), Miyagi, Japan. It is a 5-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
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 23 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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