Overview of Marinpuraza 2001 (マリンプラザ2001)
Marinpuraza 2001 (マリンプラザ2001) is a 25-year-old condominium located at Akou Shi Sakakoshi 2851-16 (赤穂市坂越2851-16), Hyogo, Japan. Built in 2001, it comprises 124 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Takenakakoumuten (竹中工務店).
Pricing & Floor Plans
Based on 163 past listings, prices have ranged from 650〜3,280万円 (approx. $43,333–$218,667 USD at ¥150/$).
Unit sizes range from 72.6–118.8 sqm (781–1279 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥22.2万/sqm (approx. $1,483/sqm or $138/sqft).
Location & Neighborhood
The property is located at Akou Shi Sakakoshi 2851-16 (赤穂市坂越2851-16), Hyogo, Japan. It is a 20-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 25 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 124 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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