Overview of Raionzu Ginowan Marinshitei (ライオンズ宜野湾マリンシティ)
Raionzu Ginowan Marinshitei (ライオンズ宜野湾マリンシティ) is a 19-year-old condominium located at Ginowan Shi U Chi Haku 3 Choume 5-27 (宜野湾市宇地泊3丁目5-27), Okinawa, Japan. Built in 2007, it comprises 88 units in a Reinforced Concrete (RC) structure. It was constructed by Kokuba Kumi (国場組).
Pricing & Floor Plans
Based on 47 past listings, prices have ranged from 2,350〜4,980万円 (approx. $156,667–$332,000 USD at ¥150/$).
Unit sizes range from 68.3–88.2 sqm (735–949 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 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: ¥56.1万/sqm (approx. $3,742/sqm or $348/sqft).
Location & Neighborhood
The property is located at Ginowan Shi U Chi Haku 3 Choume 5-27 (宜野湾市宇地泊3丁目5-27), Okinawa, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 88 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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