Overview of Guranmaakusukuea Sendai Nagamachi (グランマークスクエア仙台長町)
Guranmaakusukuea Sendai Nagamachi (グランマークスクエア仙台長町) is a 25-year-old condominium located at Sendaishi Taihakuku Nagamachi 8 Choume 9-22 (仙台市太白区長町8丁目9-22), Miyagi, Japan. Built in 2001, it comprises 181 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Taiheikougyou , Fudou Kensetsu (太平工業、 不動建設).
Pricing & Floor Plans
Based on 55 past listings, prices have ranged from 2,180〜4,180万円 (approx. $145,333–$278,667 USD at ¥150/$).
Unit sizes range from 69.2–102.1 sqm (745–1099 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥39.6万/sqm (approx. $2,639/sqm or $245/sqft).
Location & Neighborhood
The property is located at Sendaishi Taihakuku Nagamachi 8 Choume 9-22 (仙台市太白区長町8丁目9-22), Miyagi, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 181 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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