Overview of Raionzuterasu Izumi (ライオンズテラス泉)
Raionzuterasu Izumi (ライオンズテラス泉) is a 19-year-old condominium located at Sendaishi Izumiku Yuuai Machi 174-3 (仙台市泉区友愛町174-3), Miyagi, Japan. Built in 2007, it comprises 87 units in a Reinforced Concrete (RC) structure. It was constructed by Zenidaka Kumi (銭高組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥37.0万/sqm (approx. $2,469/sqm or $229/sqft).
Location & Neighborhood
The property is located at Sendaishi Izumiku Yuuai Machi 174-3 (仙台市泉区友愛町174-3), Miyagi, Japan. It is a 22-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Scale advantage: With 87 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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