Overview of Naisuaaban Minami Sendai 2 (ナイスアーバン南仙台２)
Naisuaaban Minami Sendai 2 (ナイスアーバン南仙台２) is a 32-year-old condominium located at Sendaishi Taihakuku Nishinaka Ta 7 Choume 8-6 (仙台市太白区西中田7丁目8-6), Miyagi, Japan. Built in 1994, it comprises 46 units in a Reinforced Concrete (RC) structure. It was constructed by Nihonkokudokaihatsu (日本国土開発).
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 1,180〜2,680万円 (approx. $78,667–$178,667 USD at ¥150/$).
Unit sizes range from 57.6–62.4 sqm (620–672 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥31.5万/sqm (approx. $2,097/sqm or $195/sqft).
Location & Neighborhood
The property is located at Sendaishi Taihakuku Nishinaka Ta 7 Choume 8-6 (仙台市太白区西中田7丁目8-6), Miyagi, Japan. It is a 13-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.
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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