Overview of Mita Karuchaataunrifore I Tou (三田カルチャータウンリフォレＩ棟)
Mita Karuchaataunrifore I Tou (三田カルチャータウンリフォレＩ棟) is a 32-year-old condominium located at Mita Shigaku Sono 3 Choume 2 (三田市学園3丁目2), Hyogo, Japan. Built in 1994, it comprises 92 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hase Kou Kooporeeshon , Dai Tekkou Gyou (長谷工コーポレーション、 大鉄工業).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥10.1万/sqm (approx. $672/sqm or $62/sqft).
Location & Neighborhood
The property is located at Mita Shigaku Sono 3 Choume 2 (三田市学園3丁目2), Hyogo, Japan. It is a 32-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 32 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 92 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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